Greatest creditor nation speaks out against leverage. CAC nations run up credit cards. Trade war?

[Camile.Bidan]

China's economy to follow "L-shaped" trajectory for foreseeable future - People's Daily Online

I wonder who can whether the storm of trade war? a one-people, one-nation superpower, with the highest savings rate, the largest currency reserve in human history, and government with the unwavering support of an entire people?

Or a fat, fractured country, teeming the break of civil war, that has to take out trillions in debt just to drive cars , own homes, run a military and eat?

High leverage is the "original sin" that leads to risks in the market for foreign exchange, stocks, bonds, real estate and bank credit, the person was cited as saying.

According to the authoritative figure, the country should make deleveraging a priority, and the "fantasy" of stimulating the economy through monetary easing should be dropped. The country needs to be proactive in dealing with rising bad loans, rather than hiding them.

Markets get wake-up call from China's post-congress deleveraging moves

Two weeks ago, the central bank and the top regulators for banking, insurance, securities and foreign exchange announced unified rules covering asset management. The aim was to close loopholes that allow regulatory arbitrage, reduce leverage levels, eliminate the implicit guarantees some financial institutions offer against investment losses and rein in shadow banking.

Last week, a top-level Chinese government body issued an urgent notice to provincial governments urging them to suspend regulatory approval for new internet micro-lenders in a bid to curb household debt, which is currently low but rising rapidly.

 

[Wargames]

Russia is going to eat if Trump ruins our economy.....

 

[Camile.Bidan]

Russia is going to eat if Trump ruins our economy.....

Look at how big Russia's grain economy has grown since the sanctions. I don't know how that is supposed to teach Rural Russians about the benefits of free trade.