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Japan, China, Housing starts

Summary:
The global trade collapse from tariffs continues: They all have it backwards- it’s the 5th deadly innocent fraud- as the great global trade collapse continues: Blackstone’s Schwarzman: China’s economic ‘miracle’ came at the expense of the US and the West “That leads the developed world to say to China: ‘We’ve got to rebalance this. It’s working for you. It’s not working for us,’” says Blackstone CEO Stephen Schwarzman. Up a bit this month, but levels remain historically depressed, and it’s likely some demand was moved forward by the sudden drop in rates. Also note that the chart isn’t population adjusted.

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WARREN MOSLER writes Housing starts, Industrial Production, Q3 GDP

WARREN MOSLER writes Retail sales, Business inventories

WARREN MOSLER writes NY manufacturing, Trucks, China

WARREN MOSLER writes Bank loans, CEO confidence, India

The global trade collapse from tariffs continues:

Japan, China, Housing starts

Japan, China, Housing starts

They all have it backwards- it’s the 5th deadly innocent fraud- as the great global trade collapse continues:

Blackstone’s Schwarzman: China’s economic ‘miracle’ came at the expense of the US and the West

“That leads the developed world to say to China: ‘We’ve got to rebalance this. It’s working for you. It’s not working for us,’” says Blackstone CEO Stephen Schwarzman.

Up a bit this month, but levels remain historically depressed, and it’s likely some demand was moved forward by the sudden drop in rates. Also note that the chart isn’t population adjusted.

Japan, China, Housing starts

Japan, China, Housing starts

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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