Interest cannot rise if you have a domestic debt... They will largely be directed by the Central bank rates. The stimulus is needed either way in conjunction with reforms to shift the economic model to more domestic demand. China doesn't care about credit rating as it is its own lender
@@titusp9488You know shit! Ratings agency Moody's slapped a downgrade on China's credit rating, saying costs to bail out debt-laden Chinese government would weigh on the growth of the Chinese economy.
@@titusp9488You need an education. Ratings agency Moody's slapped a downgrade on China's credit rating, saying costs to bail out debt-laden Chinese government would weigh on the growth of the Chinese economy.
China 🇨🇳 has been a money-printing machine on overdrive. During the years 1990-2021, the US printed 6.5 times more money while China printed 147 times. - It has printed more money than the US and Japan combined, while its economy is only half of them. - Current Chinese debt-to-gdp is already *highest in the world, at 300%,* according to Bloomberg. - With stimulus and measures, China's debt will be at 400% to 500% of its GDP in the next decade, according to Reuters.
More racist, mendacious spam from “Lastetc"/"lastetc"/"verylastetc"/"nextlastetc"/”bestlastetc”/ “Ahmetetc”/“Arabicetc. “Lastetc"/"lastetc"/"verylastetc"/"nextlastetc"/”bestlastetc”, “Ahmetetc” and “Arabicetc are one and the same.
Let's hope that all economic indicators including consumer confidence, PMI and retail sales will be much worse than expectation. Let's also wish that the global economy will worsen rapidly. Let's hope that the Fed will take a more moderate way of cutting interest rates.
Rio Tinto Chairman commenting on Xiaomi SU7 as very very good product/ car! I love Xiaomi products too and their ecosystem. There are aircon, air purifiers, smartphones, smart watch, bands, tvs, washining machines, Ai speaker, robot vacuum cleaners, cyber dogs, AI glasses, etc etc
