Here is another perspective of how bad China's economy is and doesn't require measures by numbers. Similar can be said of a number of cities in US where the homeless have also turned to selling themselves for survival. Yep.. soft landing ahead..
No wonder the Oil price is diving again. Low demand from China will affect this and therefore global economy. If you want to have low oil prices this is what it means, but conversely, if oil prices rise, then the cost of goods and therefore inflation will continue to rise.
I see an overlapping downward pattern forming.
If oil inventories are heading lower, then the US is not producing more to compensate, or they are using more. And if they are using more, then prices should be rising. Right?
BBBs don't understand what is occurring.
The Chinese stock markets do though.. and we should listen
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