Global Feed Post Login
Replying to Avatar Peter Alexander

Not exactly. The “pain trade” isn’t just centred on a single player like the Fed in the States. When shit goes south here all parties pay part of the price.

Of interest, the Central government is moving to address financial friction costs hitting the average Chinese citizen. Then there’s the “common prosperity” concept. Suffice it to say losses are socialised in the most genuine sense. Not just the “poors”. All parties pay a price.

Avatar
Habanero 2y ago

I'll have to chew on that for a bit... link a podcast; I'm interested to hear more

Reply to this note

Please Login to reply.

Discussion

Avatar
Peter Alexander 2y ago

Have only done one pod thus far. Linked below. Aim is to do many more. If you haven’t picked up, am furious at how the Americans - of which I am one - have handled the China relationship.

https://youtu.be/IJVgZuQTnhk

Thread collapsed