prc30 on Nostr: China Evening Missive There is weakness throughout the Chinese economy. This is the ...
China Evening Missive
There is weakness throughout the Chinese economy. This is the outcome when a nation-state makes the cognizant choice to aggressively deleverage system wide.
You’ll see headlines discussing deflation and imploding rates. This is nothing more than a system returning to its natural state. When Xi Jinping stated that people would need to “eat bitterness” he wasn’t making the statement callously. It was a necessary message and a reflection of a politician being honest with the citizens.
Pain will remain so long as China continues down the deleveraging path.
There is no certainty of success mind you, but if Xi and his team are able to thread the needle then China will have the economic foundation to rise to the next level.
Again, success is by no means a certainty.
There is weakness throughout the Chinese economy. This is the outcome when a nation-state makes the cognizant choice to aggressively deleverage system wide.
You’ll see headlines discussing deflation and imploding rates. This is nothing more than a system returning to its natural state. When Xi Jinping stated that people would need to “eat bitterness” he wasn’t making the statement callously. It was a necessary message and a reflection of a politician being honest with the citizens.
Pain will remain so long as China continues down the deleveraging path.
There is no certainty of success mind you, but if Xi and his team are able to thread the needle then China will have the economic foundation to rise to the next level.
Again, success is by no means a certainty.