Beijing Looks Into The Abyss……And Threatens To Keep Digging

.........."China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions" due to concerns deflation "could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making." In other words, China has once again looked into the abyss once... and decided to dig a little more.
To access this post, you must purchase Monthly Subscription, Quarterly Subscription or Annual Subscription.