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47 sats \ 2 replies \ @oklar 3 Jan \ on: China's Central Bank Signals Major Monetary Policy Shift for 2025 econ
How do you think this will affect consumers in P.R.China?
I'm always confused by interest rates slashing. This is obviously designed to do this?
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15 sats \ 1 reply \ @GhostofTruth OP 3 Jan
The state will force banks into more lending to inflate the credit bubbles again...
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47 sats \ 0 replies \ @oklar 3 Jan
Well, all those banks with cash burning a hole through their purses. Can only be a good thing, right.. right?
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