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0 sats \ 3 replies \ @zuspotirko OP 17 Dec 2024 \ on: China 10y bond yields falling like a rock econ
Sidenote: another thing 80s Japan, 20s China (and 20s Germany iwbh) have in common: A cultural scarcity mindset. No domestic demand. No courage for entrepreneurial supply side risk taking. No drive for improving the standard of living, therefore no domestic demand.
China has huge domestic demand
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Not enough for their HUGE production
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Has it tho? If they did, they wouldn't be so reliant on exports.
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