much misunderstandings and plenty of alt-perceptions
On 19 Jul 2019, at 8:12 AM, J wrote:
There are a few misunderstandings w/r to team China common by perception of others elsewhere, them be …
- whenever the folks chant, “when china aggregates enough gold, would go on a gold RMB standard and/or help to free gold price from its paper cousin”
Against which I ponder, is there such a thing as “enough” when it comes to gold aggregation?
- sometime I see something about China needing to maintain a certain growth rate vs some other growth rate, and
I ruminate, is it that china needs to maintain a certain growth rate, or that china needs to maintain stability, growth and reform?
- when it comes to “China may never become rich” which I guess the suspect WSJ and such same means per capita basis,
I guess that WSJ and the lot have not considered what the implications would be if team China achieve 50% of the boogey
And I reckon the same lot do not consider the rest of the nation-states meeting team China half-way w/r to per capita anything
Further, suppose a few provinces of China beats Korea, Japan, and province Taiwan by per capita
On 18 Jul 2019, at 10:15 PM, D wrote:
China’s State-Driven Growth Model Is Running Out of Gas - WSJ
wsj.com
Latest data suggest China may not match the trajectory of Taiwan, South Korea and Japan
New data showing the toll trade tensions are taking on China’s economy are merely a symptom of a more serious malaise: The country’s state-led growth model is running out of gas. A recession or crisis may not be imminent, but the long-run implications are just as serious. Absent a change in direction, China may never become rich. |
