It is not only the monumental crisis in the construction industry that is shaking the Chinese economy. Recent economic surveys have revealed that the industrial sector is also continuing to contract for the fifth month in a row. As we can see in monetary policy, the political leadership's solution seems to lie in the massive expansion of the money supply. Well, good luck with that!
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21 sats \ 1 reply \ @TNStacker 5 Mar 2024
Chinese recession = China Great Depression?
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21 sats \ 0 replies \ @GhostofTruth OP 5 Mar 2024
But they plan their economy to grow 5% this year.... lmao
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21 sats \ 2 replies \ @PlebeiusG 4 Mar 2024
It's not a secret
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0 sats \ 1 reply \ @GhostofTruth OP 4 Mar 2024
To 99% for sure it is.
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0 sats \ 0 replies \ @PlebeiusG 4 Mar 2024
🤫
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