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0 sats \ 3 replies \ @zuspotirko OP 17 Dec \ 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.
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0 sats \ 2 replies \ @satcat 17 Dec
China has huge domestic demand
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99 sats \ 0 replies \ @000w2 17 Dec
Not enough for their HUGE production
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0 sats \ 0 replies \ @zuspotirko OP 17 Dec
Has it tho? If they did, they wouldn't be so reliant on exports.
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