Hello MQ, Re <<Hey TJ, look at the brilliant economic analysis Elroy has provided. Any thoughts on how fast the collapse would come? <<
| If the Bank of China didn't keep expanding their money supply at such a rapid clip their entire economy would collapse leading to riots in the streets and a revolution as China's unsustainable economy ratchets back, reducing most incomes by 65% as China falls back to it's natural economic size. |
>>>> dated august 2017, which I refrained from responding at the time, and now, 26 months on, we might say the team China economy, absolutely and relatively both doing Ok, as in good-enough under the circumstances, certainly resilient, not a easy push over.'
Given that there continues to be team China OBOR MMT capability, PBoC QE capacity, and all backstopped by US$ 250 trillion of by-and-by rural land reform within context of political unity and social cohesion, should continue to be Ok.
Also resilient is team Huawei, and predictably so, embraced within cocoon of social cohesion and political unity, by hard work and as-tough-as-trump chutzpa scrappiness, still in business
handset doing okay because team America hammered Apple bloombergquint.com
In the mean time, whilst team America thinks the 5G systems battle field is in Europe, where the team does not seem to be able to get its act together, Mr Jay Chen, perhaps too confidently, thinks the democratic Indians would embrace tyrannical Huawei 5G infrastructure as opposed to committing economic suicide that most European nations are unwilling to do. Too confident is bad, and unnecessary, but at times may be supportable; let's watch & brief, but from desk
financialexpress.com
Fully confident of our India prospects, there is no Plan B: Jay Chen, CEO, Huawei India | Interview |
