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Daily Archives: January 17, 2022
Debt, aging demographics and bursting realty bubbles, not contained in China
Amid slowing demand, the fewest births since 1950, a shrinking workforce, slumping home prices, and defaulting property developers, the Chinese central bank cut its policy rate overnight for the first time since April 2020. See China’s GDP growth slows as … Continue reading
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Rosenberg: Numbers getting worse in January
Public company CEOs are economic and financial market cheerleaders. Of course, they are; just ask them. They have taken an oath that their primary duty is “rewarding shareholders,” i.e., getting share prices higher. Equity-linked incentives also make up the bulk … Continue reading
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