This is the China graph. It’s nothing, and then it’s everything. https://t.co/BrEdjWzjZK
Globally, during this cycle:
-China has had strong industrial production, but weak consumer spending.
-Europe has been relatively weak both in industrial production and consumer spending.
-The United States has been strong in consumer spending, but relatively weak in industrial production.
Lyn Alden • July 2024 Newsletter: Rates Insensitivity in the Downcycle
According to government statistics, 27 percent of Chinese automobile manufacturers were unprofitable in May; at one point last year, the figure reached 32 percent. Overproduction throughout the economy has also depressed prices generally, causing inflation to hover near zero and the debt service ratio for the private nonfinancial sector—the ratio o
... See moreZongyuan Zoe Liu • China’s Real Economic Crisis
Visualizing the Coming Shift in Global Economic Power (2006-2036p)
Visual Capitalistvisualcapitalist.com
如何看待2024年6月中国贸易顺差创1990年以来新高?
一个坏消息是，中国注定会把当前的所有中高端产业卷死，注意，是所有，无一幸免。
在这个过程中，我们必然会遭到众多国家的仇视。
尤其是那些工业国，因为你抢了人家饭碗，把人家卷失业了。
但反过来，能源国则会越来越亲华。
不但因为中国是他们最大的客户，没有之
一。
还因为中国会把当前所有工业品卷到白菜价，让他们享受廉价商品。
很多落后的能源国也会因为中国物美价廉的工业品输出，逐渐建立起自己的基础工业，摆脱对能源出口的依赖。
而这在美国那种新型殖民体系下是不可能发生的。
所以中国注定成为全球南方的救世主，同时也是老牌资本主义国家的粉碎机。
这不是由某些人的意愿决定的，其背后是强大的经济学规律。
我们初中校队刚成立时，招进来的人水平参差不齐。
有... See more