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China on Crack


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#1 linrom1

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Posted 26 September 2024 - 08:41 AM

Or rather Xi Jinping is on crack. China probably is going to run 12% deficits if they actually spend the stimulus they promised. China important CSI-300 is an ABC up, that's not a recipe for sustainable rally, at least not according to EW,  becasue it has to be followed by a 5-wave down.

 



#2 linrom1

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Posted 26 September 2024 - 08:44 AM

 

Yes, that's the guy that helped create Japan's debt bubble.


Edited by linrom1, 26 September 2024 - 08:45 AM.


#3 linrom1

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Posted 26 September 2024 - 08:58 AM

Why is Juan increasing vs the Dollar? Did it have anything to do with Yellen going to China and election interference on behalf of the Democrats?



#4 slupert

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Posted 27 September 2024 - 06:22 AM

Their housing market is closer to a depression than recession. Good luck with that one will take years to get rid of that mess. JMHO

#5 linrom1

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Posted 30 September 2024 - 09:34 AM

Xi Pig doesn't know what he is doing! It won't be long before he starts executing managers for excessive market speculation when it inevitably comes crashing down just when pig farmers go all in.