3 ms·
China Will export deflation to the rest of the world. That will create lots of problems....
by jamesblonde 11y ago
China Will export deflation to the rest of the world. That will create lots of problems....
- jamesblonde 11y agoRussell Napiers Anatomy of the bear shows that the unifying feature of all the great bear markets was deflation. With rates aready at zero, central banks will need even more non conventional mechanisms. QE4, then govt spending. That's Napier's thesis...