The definition of insanity. Doing the same thing over and again expecting a different result.
The head of China's central bank is set to give a press conference this morning and - once again - all the talk is of a policy shift (finally) in favor of stimulating the economy.
Keynes is dead in China. This has been made crystal clear time and again over the past two years. I expect there will be nothing material out of this press conference.
https://www.cnbc.com/2024/09/24/chinas-central-bank-chief-set-to-hold-press-conference-days-after-fed-rate-cut.html
prc30 / Peter Alexander
npub1yy…4kawc
2024-09-24 01:05:23
Author Public Key
npub1yy3uc7y85faxy5cwq8f574yda3j9457p7r9h2ymlkwlx6lp8f4vsy4kawcPublished at
2024-09-24 01:05:23Event JSON
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"content": "The definition of insanity. Doing the same thing over and again expecting a different result. \n\nThe head of China's central bank is set to give a press conference this morning and - once again - all the talk is of a policy shift (finally) in favor of stimulating the economy.\n\nKeynes is dead in China. This has been made crystal clear time and again over the past two years. I expect there will be nothing material out of this press conference. \n\nhttps://www.cnbc.com/2024/09/24/chinas-central-bank-chief-set-to-hold-press-conference-days-after-fed-rate-cut.html",
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