Image may be NSFW.
Clik here to view.
Clik here to view.
SAFE Plus TIC Equals TED?
China’s State Administration of Foreign Exchange (SAFE) reported a slight decline, -$3.6 billion, in foreign “reserve” assets in July. That followed a $13 billion “inflow” in June, which was the...
View Article
Image may be NSFW.
Clik here to view.
Clik here to view.
The Very Important Task Of Trying To Figure Out What Happened In The Middle
The whole point of any “stimulus” is to buy time. The idea is to keep the economy busy or, in the case of more purely monetary policy, happy during that time so that the economy on the demand side can...
View Article
More Pages to Explore .....
