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D W
Bloomberg Television
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Comments by "D W" (@DW-op7ly) on "US March CPI Rises by 0.4%, Topping Estimates" video.
Yellen needs to go back to China tell them to stop dumping cheap products on the world 👇 On January 3, 2024, China Railway Corporation (CRRC) put into commercial operation a light rail train developed for Mexico City, the capital of Mexico. This is the first time a Chinese made light rail train has served the public transportation system in Mexico City. See tape
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I hope you are young…. It’s going to be a long life for you 👇 Even though China has invested trillions in their belt and road partner countries China exports are up 7.1% In 2024 And it still has a 820 billion plus dollar a year trade surplus with the world the last 2 years Even though their Central Government is cracking down in real estate speculation Slowing down the economy? The Chinese people have added 2.6 trillion to their savings in 2022 And 1.8 trillion to their savings for first 10 months of 2023 👇 Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn Dec 21, 2023 — Chinese households have added 13.8 trillion yuan ($1.89 trillion) The middle class is also prioritizing savings and seeking safe investment opportunities, according to the report. Chinese households have added 13.8 trillion yuan ($1.89 trillion) in savings in the first 10 months of the year, an 8.5% increase from the previous year. Pymnts
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Not everyone posting is from China… Yes China cracked down on their Real Estate The other option is Chinese in their cities would be buying their 4th or 5th home right about now When a few hundred million Rural Chinese can’t find affordable housing as they migrate to the cities But their people are still adding around 2.6 trillion a year into their bank accounts even with a slowdown As the Chinese Government pushes their people to invest into the critical technologies of the future instead Critical Technologies of the future where China already leads the world in 37 of 44 of them So let’s pile even more money into these industries Yellen and her successors are going to have to keep going to China and beg China not to dump their high tech products at cheap prices on the world
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Yellen need to go back to China tell them to stop dumping cheap products on the world
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