WATCH: China will go into recession as trade drops – but what does that mean?
https://t.co/FAhfVbGefF
Talking Points:
USA is too weak to recover the global economy.
China is too weak (now) to do so.
We’re in a narrow based rally
Employment will cause defaults
Second hand car sales are collapsing (deflation)
That segment deflation will expand to other segments.
We can still see more interest rate rises, because inflation will continue to rise – so further drops in financial markets.
RE: @VelenskiMeir
Source date (UTC): 2023-06-07 17:22:38 UTC
Original post: https://twitter.com/i/web/status/1666495896563900419
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