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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: dan6 who wrote (1204)10/11/2018 2:06:52 PM
From: elmatador  Read Replies (1) | Respond to of 13799
 
U.S. Inflation Trails Estimates; Prices Remain Near Fed Goal

Index excluding food and energy rose 2.2% from year earlier

Biggest drop in used-car prices in 15 years drags down gauge

bloomberg.com



To: dan6 who wrote (1204)10/11/2018 2:29:13 PM
From: Elroy Jetson  Respond to of 13799
 
Government Debt to GDP is terribly high in China but lower in the US. Most of this debt is loaded onto government-owned businesses and carried by China's teetering banking system.

So it's reasonable to expect a continued collapse in the value Renminbi.

It's as if the US government were able to place most of their debt on Microsoft, Google, IBM and other major firms. China is quite a house of mirrors.



To: dan6 who wrote (1204)10/11/2018 2:31:30 PM
From: elmatador  Read Replies (2) | Respond to of 13799
 
Next month at G20 gathering there is a chance China-US meet

“China is eager to engage the [US] president directly because they feel that the people negotiating for the president don’t always know his real bottom line,” Wilder said. “So they want to find out from President Trump directly just what it is going to take to get out of the trade war.”


https://www.scmp.com/news/china/diplomacy/article/2168197/xi-jinping-and-donald-trump-may-meet-next-month-g20-amid-rising