Post by
deisman03 on Feb 07, 2024 11:16am
Re they'll do what it takes
Please, do your own due diligence. Analysts can often do extrapolate "selected" theories and numbers which are gleaned from other sources.
All of that same hype was the norm of the daily BLAB by those same analysts in 2007.
They went with the flow as dictated by their peers, most were puppets.
Be careful, China is between a financial rock and a hard place.
They've been robotizing their factories for that past 20 years and their unemployment rate is higher than its been for for quite awhile.
When unemployment rates are high, average home or apartment sales suffer as does the rest of the economy.
I'm not saying China won't rebound but there will be a lot of fiscal blood before the government is forced to intervene.
Again, this is just IMHO. Do your own due diligence and be careful to tag along with analysts, especially when they're just parroting a popular theme.
China has come a long way in the past thirty years. Corruption is rife on all levels.
When the base starts to crumble????????? They will attack each other, just like any other financeers around the world.
GLTA the good folks here.