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ronnel acido
China Observer
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Comments by "ronnel acido" (@ronnelacido1711) on "China’s Price Collapse: Flights for $0.45, All Strata Fight Deflationary Battle" video.
Chinese shops are desperate for sales. They'd rather take a huge hit in their bottom line than be stuck with unsold inventories in their storages. What's notable is that these are food stuffs. Even as they struggle, people will find ways to scrape enough money to buy food even at higher prices as they need to eat. Deflation has now hit food.
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Winnie the Pooh will fix food production. He has ordered his minions to level down the mountains to create more farmlands, right?
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