Will the European zombie economy even survive rate hikes? I have some doubts about that, the 2008 crisis crippled them heavily.
Zero covid works for the alpha and delta variant. But it doesn't work nearly as well against omicron, BA.2, and further variants. You could test negative in the morning, and be positive in afternoon; it is that much more transmissible. You can't lock down entire cities, shut down schools, factories, every time a tiny group of people test positive. China is expected to abandon Zero Covid stance after the Party Congress in the Fall (a political decision at this point), with gradual movement away from these protocols in 2023.
RMB appreciating too much is not a good thing. Recession globally decreases spending, and high RMB will limit export further.
Not good for China if the RMB actually weakens too much against the dollar though.
You wouldn’t have thought that If you look at a map, any map with Indonesia in it, it’s actually rather hard to do anything there
Wait till June 2023, they might be willing to sell anything then.Think bigger if you think I’m talking about EUV
Tell me you are joking or I’m gonna lose it
Market where? Most profit comes from those who are in a recession, you really think we are that special?The next few years would be bad vs worse , good news is we are the bad side
Yes, we are special, because we do not choose to place self-harming sanctions.