China's 10 TRILLION in Stimulus Is Failing Massively, Here's why
Description
Is there era of massive government "stimulus" finally over? Bonds are certain it is. The Chinese are doing their best to make sure that's the result, in large part because they don't know what to do. That much is becoming clear and the implications are already going global. Just ask anyone with oil.
Eurodollar University's Money & Macro Analysis
Bloomberg China Unveils $1.4 Trillion Debt Swap, Saves Stimulus for Trump
https://www.bloomberg.com/news/articles/2024-11-08/china-unveils-839-billion-debt-swap-to-rescue-local-governments
Bloomberg China Debt Plan Underwhelms Bond Market Betting on More Stimulus
https://www.bloomberg.com/news/articles/2024-11-08/china-bond-market-eyes-fiscal-plans-from-key-legislative-meeting
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
United States
