Bitman on Nostr: 🚨China’s M1 money supply is contracting by 7.30% in 2024. Low liquidity and a ...
🚨China’s M1 money supply is contracting by 7.30% in 2024.
Low liquidity and a drop in economic activity are severely impacting the Chinese real estate and financial markets.
A new QE (quantitative easing) seems necessary to revive this “dead body.”
And I think that’s exactly what they’re going to do.
Published at
2024-10-09 15:14:57Event JSON
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