Again, the #imf is seriously *wrong* https://www.zerohedge.com/economics/imf-.. #inflation is #delta change in #money value, meaning that the current change is living standards is here to stay. The #imf believes there will be #growth - these are the same people who #failed to #predict 2008.
People are #celebrating the #eu missing a #recession far too early: https://www.zerohedge.com/economics/euro.. #germany and #italy, the 1st and 3rd largest #economies in the #eu have #negative #growth ... They are far from out of the woods just yet. I think the #imf are *very* wrong on their #prediction.
Looks like #india will far exceed #china 's #population growth, meaning that their #growth potential far exceeds that of #china too: https://www.zerohedge.com/geopolitical/v.. Expect to see #investment there. #china 's #ccp will not be happy, as their #global #ambitions might be squashed by this.
Yes, #bitcoin and #crypto *is* a #ponzi scheme: https://www.ic.unicamp.br/~stolfi/bitcoi.. I get people message me all the time "should I invest?". When normal people, who know nothing about how it works, are looking to get involved, it is already a #latestage #pyramidscheme ... #growth will either taper out or it will #crash entirely. Given that there is no intrinsic #value to #cyber #coins - I suspect it will crash *hard.*
#china 's #ccp have #missed tonnes of #growth #targets https://www.zerohedge.com/economics/chin..
Oh shit, #china 's #ccp is definitely going to miss #gdp #growth targets: https://www.zerohedge.com/commodities/ch.. Their #coal #mines just got seriously #flooded at a time when they desperately needed more #coal - which is 30% of #china 's entire #supply ... #coal #futures have rocketed in response. This will be bad...
Here's the thing, if #china 's #ccp is shutting down #manufacturing and the #production of goods based on #energy #power #generation issues - then how can they meet their #growth expectations? https://www.zerohedge.com/markets/goldma.. Add to that a #food #shortage , a failing #property #market , increased #nationalism , a push for #war with #taiwan - it's falling apart.