A Deflating Chinese Floatation Device?
DRUNKENOMICS

A Deflating Chinese Floatation Device?

2023-08-17
As we continue to harp on China for producing less than promising economic data, we also need to observe some promising economic data here in the U.S. With CPI coming in at below 4%, the idea of a soft landing achieved is certainly not off the table. Granted, the idea of a looming rolling recession still hovers over this economic environment, but there's certainly less reason to be scared. However, across the Pacific; the narrative drastically different. China's economic numbers seem far less than promising which...
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