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China still “pumping!”

Summary:
Commie USD zombies still hard at it: Forget the Fed - China Is Easing Again https://t.co/zvB6z3NSmp via @smartkarma #Fed #China — CrossBorder Capital (@crossbordercap) July 3, 2019 Bank capital available to instead finance productive activities will remain deficient:#Fitch Ratings:#China’s economy to slow from 6.2% this year to 5.8% in 2021;What’s available in banking system is not sufficient to support large-scale lending designed to prop up economic growth, as regulators have required banks to raise their capital reserve levels.— YUAN TALKS (@YuanTalks) July 9, 2019

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Commie USD zombies still hard at it:

Bank capital available to instead finance productive activities will remain deficient:

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.

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