Eurodollar University China Is TANKING and it's Spreading Quickly Around the World
Dec 3, 2024
China's yuan is plummeting, raising alarms about the country's economic stability as skepticism grows around government stimulus efforts. As bond yields hit record lows, investors are fleeing, fearing broader financial risks. The manufacturing and housing sectors are stagnating, highlighting the inefficacy of recent stimulus measures. These developments not only affect China's economy but also ripple through global markets, influencing currencies and commodities alike. The uncertainty is palpable as the world watches China's economic challenges unfold.
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