No. of Recommendations: 2
The following hit the wire today. It is a massive mess. China is exporting nearly as much to the US. China has turned to the rest of the world with deflationary profitless production of goods. The world has massive deflation minus the US with the tariff war. We shall follow.
We cannot escape this internally or externally.
yahoo.com - China floods world cheap exportsI would have to quote too many paragraphs to make points. Please read the article. One paragraph alone does not make much of a point.
bloomberg.com - China s labor distress spreads at worst time for deflation fightChina's Labor Market Distress Spreads at Worst Time for a Deflation Fight
The Bloomberg article is behind a paywall; the headline says it all.
