Monday , December 23 2024
Home / Mike Norman Economics / China’s Central Bank Warns on Trade, Pledges Targeted Stimulus

China’s Central Bank Warns on Trade, Pledges Targeted Stimulus

Summary:
Reification error continues to plague mankind nowhere else as prominent currently as in Asia: "The bank will make “good use” of targeted monetary tools, such as cuts to the amount of money banks lock up and targeted medium-term lending facility, to channel credit to specific sectors," China turning Japanese..  and btw Japan hasn't made a new high in price of equity shares since 1989... as both moron hacker nations appear to be competing in continued zombie action to "add high powered money to lend out!"... U.S. needs to 'decouple' financially from China similar to what we've been able to do with Japan and pronto... China's central bank warned that the escalating trade war could destabilize the global economy https://t.co/nyTfhgkER2 — Bloomberg (@business) May 17, 2019 But Trump

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Lars Pålsson Syll writes Andreas Cervenka och den svenska bostadsbubblan

Mike Norman writes Trade deficit

Merijn T. Knibbe writes Christmas thoughts about counting the dead in zones of armed conflict.

Lars Pålsson Syll writes Debunking the balanced budget superstition


Reification error continues to plague mankind nowhere else as prominent currently as in Asia:

"The bank will make “good use” of targeted monetary tools, such as cuts to the amount of money banks lock up and targeted medium-term lending facility, to channel credit to specific sectors,"
China turning Japanese..  and btw Japan hasn't made a new high in price of equity shares since 1989... as both moron hacker nations appear to be competing in continued zombie action to "add high powered money to lend out!"... 

U.S. needs to 'decouple' financially from China similar to what we've been able to do with Japan and pronto...

But Trump apparently wants the U.S. in on this "pumping money!" moron-fest too:


SCARY!!!!

When you come across two competing in a moron contest, the move should not ideally be to want to jump in with them too...

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *