RT @KobeissiLetter: This has NEVER happened in recent history: In a sudden collapse, 30-year interest rates are now LOWER in China than Ja… https://twitter.com/RepMattShe....a/status/18770276490
This has NEVER happened in recent history:
The Kobeissi Letter (@KobeissiLetter) January 8, 2025
In a sudden collapse, 30-year interest rates are now LOWER in China than Japan.
Chinas economy is currently being described as a deflationary spiral as seen in Japan in the 1990s.
What does this mean? Let us explain.
(a thread)