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China's growing economy and financial turmoil may seem like a world away, but it's closer than you might think. After all, bond yields aren't just plunging around the globe solely because the US may or may not end up in recession. There are far greater and more immediate concerns elsewhere right now, starting with the Chinese. What happens there matters everywhere, too. Even Economists like Paul Krugman have had to come to terms with that. Eurodollar University's Money & Macro Analysis X (twitter) Kyle Bass CNBC https://twitter.com/Jkylebass/status/1734227930933248050 CNN Even 1.4 billion people can’t fill all of China’s vacant homes, ex-official admits https://www.cnn.com/2023/09/23/business/china-too-many-homes-for-1-4-billion-people-intl-hnk/index.html World Bank Global Economic Prospects June 2023 https://openknowledge.worldbank.org/server/api/core/bitstreams/6e892b75-2594-4901-a036-46d0dec1e753/content World Bank Navigating China's Post-Pandemic Growth Path https://thedocs.worldbank.org/en/doc/cf2c1298e77c50bf1f1e7954ff560bc6-0070012023/original/China-Economic-Update-Dec23-EN.pdf Krugman Reveals closed-door notes https://mainichi.jp/english/articles/20160401/p2a/00m/0na/022000c Twitter: https://twitter.com/JeffSnider_EDU https://www.eurodollar.university RealClearMarkets Essays: https://bit.ly/38tL5a7 #recession #money #recession2023 #money #inflation #deflation #interestrates #dollar #economy #credit #interestrates #eurodollar #income #stocks #retirement |