RandAlThor@lemmy.ca to World News@lemmy.ml · 2 years agoChinese economy expected to have slipped into deflation as recovery falterswww.theguardian.comexternal-linkmessage-square123linkfedilinkarrow-up1200arrow-down118
arrow-up1182arrow-down1external-linkChinese economy expected to have slipped into deflation as recovery falterswww.theguardian.comRandAlThor@lemmy.ca to World News@lemmy.ml · 2 years agomessage-square123linkfedilink
minus-squarezephyreks@lemmy.calinkfedilinkarrow-up3·2 years agoThey didn’t pump hundreds of billions of dollars into the free market?
minus-squareagarorn@feddit.delinkfedilinkarrow-up2arrow-down1·2 years agoDo you think china’s market is free? If so, the stated owned companies are the ones carrying the debt. Not sure how different that is to a state having the debt. https://www.cnbc.com/2021/06/29/china-economy-charts-show-how-much-debt-has-grown.html And what about my other question. Where does this jump come from?
minus-squarezephyreks@lemmy.calinkfedilinkarrow-up1arrow-down1·2 years agoTurns out, it’s advantageous to loan out money when global interest rates were dropping to about 0. Who woulda thunk?
minus-squareagarorn@feddit.delinkfedilinkarrow-up2·2 years agoWhat are you talking about? China was never at 0% interest. What does that has to do with the previous comment?
minus-squarezephyreks@lemmy.calinkfedilinkarrow-up1·2 years agoThe principle being, lower interest rates lead to more debt because spending is less expensive.
minus-squareagarorn@feddit.delinkfedilinkarrow-up1·2 years agoLook at the 5 year view to see the jump
They didn’t pump hundreds of billions of dollars into the free market?
Do you think china’s market is free? If so, the stated owned companies are the ones carrying the debt. Not sure how different that is to a state having the debt.
https://www.cnbc.com/2021/06/29/china-economy-charts-show-how-much-debt-has-grown.html
And what about my other question. Where does this jump come from?
Turns out, it’s advantageous to loan out money when global interest rates were dropping to about 0. Who woulda thunk?
What are you talking about? China was never at 0% interest. What does that has to do with the previous comment?
The principle being, lower interest rates lead to more debt because spending is less expensive.
Look at the 5 year view to see the jump