If China's economy goes up by 14%, you will have a stagflation.
Yes, I know you guys think that call is crazy. But look out, China has HUGE room to leverage up its system. They just did not do that. As now they are in the panic mode, everything could happen.
Count the M2 in China, it is 52trillion RMB!, equivalent to $7.5trillion. What is the M2 in America? $8trillion, no bigger margin there. And you think the RMB is way undervalued? Wow, those money will blow the world if they throw them out. Watch out!
This Economy Is Getting Uglier [View article]
Yes, I know you guys think that call is crazy. But look out, China has HUGE room to leverage up its system. They just did not do that. As now they are in the panic mode, everything could happen.
Count the M2 in China, it is 52trillion RMB!, equivalent to $7.5trillion. What is the M2 in America? $8trillion, no bigger margin there. And you think the RMB is way undervalued? Wow, those money will blow the world if they throw them out. Watch out!