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praveen ram
Bloomberg Television
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Comments by "praveen ram" (@praveenspike) on "China Slides Into Deflation as Consumer, Factor Prices Drop" video.
China will bounce back within few weeks, they just witnessed a huge storm. If they hadn't got that catastrophic weather, then deflation is a dangerous environment for them.
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@amanverma7033 I'm intrigued do explain your theory.
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@amanverma7033 What causes deflation?
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@eljefe5858 because of storm and floods all the commodities are gone, one needs to get the stocks back which creates demand like before, so is the economy in deflation like situation?
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@eljefe5858 The excess goods will be supplied to the local market, once everything gets settled there. So the bounce back can easily happen.
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