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The World Isn't Ready for What Happened In CHINA
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#recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #china #cnyÂ
Latest data from China on lending and trade show Beijing's efforts at creating stability in currency, banking, and economy are not working. Loan growth was exceptionally weak especially for Chinese households meaning more trouble in real estate. The global trade recession keeps pressing on. First, some background about why this is so much more of an issue than strictly current macro conditions.Â
Eurodollar University's Money & Macro Analysis
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