Recession??... China's Economy Is Getting WAY WORSE Than Expected
11 months ago
15
recession
depression
inflation
interest rates
dollar
bank
money
credit
economy
jeff snider
federal reserve
Jeff Snider discusses China's economy... China really is gloomy, but is there hope in Japan for a boom? Not so fast. Though Japanese GDP surged the economy there actually went the other way. A big reason why is the increasingly dangerous slide in China. This has even unnerved Beijing - the PBOC panicked into an unscheduled rate cut (pair of them) and the NBS yanked the youth unemployment rate altogether.
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