RandAlThor@lemmy.ca to World News@lemmy.ml · 2 years agoChinese economy expected to have slipped into deflation as recovery falterswww.theguardian.comexternal-linkmessage-square147linkfedilinkarrow-up1199arrow-down112cross-posted to: worldnews@lemmy.ml
arrow-up1187arrow-down1external-linkChinese economy expected to have slipped into deflation as recovery falterswww.theguardian.comRandAlThor@lemmy.ca to World News@lemmy.ml · 2 years agomessage-square147linkfedilinkcross-posted to: worldnews@lemmy.ml
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.
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.