China is facing a unique problem nowadays. Too many job providers but not many job seekers.
Chinese Economics Thread
- Thread starter Norfolk
- Start date
As always, it’s a matter of pay.
What a situation to be in. This coming today after the chancellor in the U.K. announced another rescue package to save jobs. And coming after a similar U.S. rescue package. And China has got a labour shortage!
How ironic, at the start of the pandemic, it was going to be China's Chernobyl moment.
And now? They couldn't wait to restart the economy in the U.K. to save itself. Announcement made last week upset most of my lecturers. The between 40 to 60 years old who haven't had the vaccine yet. Yet they're told they are the front line for these students because the government want their parents to go back to work. When we lecturers thought Easter would be better because the majority of us would have had the vaccine. Alas, no government could not afford to wait. So we're put out as cannon fodders!
Meanwhile in China, they are the envy of the western world with their labour shortage. Lol how's that trade war going?
they better stop holding US debt and start liberalizing economy more to boost growth over debt growth
no other way around this
When will Apple's phones have true 5G?
TLDR The US will inflate its debt away. Good for equities, bad for your treasury bonds. Is China still holding the bag?
This is a real risk, but very hard to judge.
I know I am talking out of my ass on this one, but so is everyone else. No one has seen anything like this.