This Is WORSE Than We FEARED
#deflation #recession #depression #inflation #interestrates #dollar #bank #money #credit #economy #money #whatismoney #jeffsnider #federalreserve #liquidity #china #lending #yuan #rmb #cny #loansChina's efforts to control or stabilize its currency are failing because the Chinese system has itself become highly unstable. July 2023 lending data shows an alarming drop in credit across all types, indicating a growing credit problem exacerbating an economic and financial system already more than flirting with deflation triggered in full part by worsening global recession conditions. Eurodollar University's Money & Macro AnalysisFT: China’s rapid reopening will stir the global economyhttps://www.ft.com/content/cb5365eb-0b52-45ac-9870-923878aeb910Bloomberg: Next China: A Deflation Gifthttps://www.bloomberg.com/news/newsletters/2023-08-11/why-deflation-could-become-a-welcomed-chinese-export-next-chinaCNNBusiness: Chinese property giant Country Garden warns of $7.6 billion loss as it nears defaulthttps://www.cnn.com/2023/08/11/investing/china-country-garden-loss-warning-intl-hnk/index.htmlTwitter: https://twitter.com/JeffSnider_AIPhttps://www.eurodollar.universityhttps://www.marketsinsiderpro.comhttps://www.PortfolioShield.netRealClearMarkets Essays: https://bit.ly/38tL5a7THE EPISODESYouTube: https://bit.ly/310yisLVurbl: https://bit.ly/3rq4dPnApple: https://apple.co/3czMcWNDeezer: https://bit.ly/3ndoVPEiHeart: https://ihr.fm/31jq7cITuneIn: http://tun.in/pjT2ZCastro: https://bit.ly/30DMYzaGoogle: https://bit.ly/3e2Z48MReason: https://bit.ly/3lt5NiHSpotify: https://spoti.fi/3arP8mYPandora: https://pdora.co/2GQL3Qg