am thinking that when rates are so low as in essentially flatlined, whether at 1 or 2 or 2.5% (yes, increases otherwise minuscule interest expense, but, a small number, what difference can it possibly make except at the very edge of the margin add a bit more to everything that be unemployment, disinflation, deflation, etc etc
If interest rate makes that much of a difference, ...
I do not think China is worried about China interest rate, that which however jiggled is actually in normal monetary space. China is likely concerned about USA interest rate but for and on behalf of customers.
Re <<Evergrande>>, it was never the story except for MSM as I had maintained often enough. Team China wishes to shut Evergrande down, but making sure home buyers get what they contracted for, and whatever land bank left over returns to the market. Evergrande has served its purpose and passed best-use-by date.
Re the useful and use-less and useless metallic commodities, perhaps the price rises have something to do w/ logistics as opposed to demand. Do not know.
Expectations for gold is 'low' for 2022, and so maybe expectation wrong?
We shall find out eventually :0) |
