Time For China To Turn On The Printing Press By Andrew Zatlin of Southbay Research Summary Chinese money supply leads imports ~10 months M1 Supply y/y growth weakest/sharpest drop in decades Suggests 20% collapse in imports Red Flag for Red China The advantage of tracking container volumes is that we can bypass inflation and price distortions. Simply put, on a container volume basis, Chinese imports are struggling: -7% y/y. Container throughput has fallen 20% in the last 2 years. The Chinese economic miracle is fading. Unemployment is 5.3% in the cities and 17% among youth 17-24 years old (ex students). … — Continue at ZeroHedge News : Read More
Home » Time For China To Turn On The Printing Press – Tyler Durden