Equation
Lieutenant General
Monthly data useless, the new year celebration started in January in 2017, and in 2018 it started in February.
I used the yars, quaterly and rolling 12 month data, all of them showing the changin trend.
Trade surpluss robing market demand and employment from teh deficit country. Means the elimination of it will generate employment.
This was the reason why Keynes sugested international system to ballance the payments betweeon countries, however the US run trade suprluss at that time, and the political decision makers was agaisnt this idea.
So, simle sanity check , what YOU think about the view of Keynes about trade wars?
Who is the benefician of it?
Simply plotting the past trend into the future is the most basic failure that anyone can makes.
at the moment the Chinese consumer debt ,car sales number and so on on the same level that caused ten years long depression in several eastern european country.
The debt growing by 5% in each year , so it only a matter of time to hit any freely chosen critical level, spanish, hungarian,japan,american,brazilian or whaever you chhoose.
Of course, and the US house prices historically never falled, so it won't fall ever : D
Suprise, suprise ,it behaved like falling stone in 2008 : D
Every bubble needs a faith element.
Practically everyone lost his sanity about the Chinese ecnomy, reached the level of " it will walk on water".
Like as it happened in the roarring 20s, in the 80s in Japan, in spain between 2001-2008, in Austria before the Creditanstalt.
Every bubble last longer then your sanity : )
Rolling data says Chinese car production INCREASED from 2016 to 2017. Comparing specific Jan. 2016 vs. Jan. 2017 data is useless just like monthly data. Compare AT LEAST the whole year. Honestly, even if it decline for 1 year, it still is a fluctuation. If it declines for 3 years continuously, I would say that is a trend. Before that, it is a fluctuation.
The beneficiary is everybody in trade because these deals were always made willingly. What I think? I think you said something stupid and cannot find evidence again so you ask what other people think to change the topic again LOL
The most basic failure that anyone makes is betting against the Chinese economy. It makes you ALWAYS wrong haha. Or maybe the most basic failure is imagining reasons for others to fail because you yourself cannot succeed. I don't know which is more basic; they are both yours.
Looking at a trend to guess the future is what every financial institution does; believe me: they are not more basic than you. Besides, if you think that using the past to judge the future is a "basic failure" then how can you try to use the past of other countries to judge the future of China's economy? It would be magnitudes more of a failure. You cannot even agree with your own logic, further evidencing that you have no idea what you're talking about.
Japan, Spain, Austria can never achieve what China has; their faults have nothing to do with China. USA is also not China. However, the "falling stone" has reversed as the US economy has recovered after 2008... can't say the same for Europe though but losers always mention the faults of the winners to make themselves feel better. So even if China's "bubble" "bursts," don't worry. It's just another obstacle that China will surmount, like every other one China has since 1949. I like very much that you think "everyone" has lost their sanity over the excellent performance of the Chinese economy. When you think that everyone else is crazy and that you are the only sane one, that means that crazy one is you. You understand that, right? You can't think that the whole world is crazy except you, right? Haha I don't know; maybe crazy people do think that; that's why the sane people of this forum have difficulty communicating with a crazy person like yourself.
In any case, what is your point? I need to see numbers. This conversation is stupid because you are picking micro-data and using that to insinuate some impending doom for China's economy that is non-specific in nature nor in time. When asked what you expect for China's economy for 2018, you say on-target growth (because you clearly have no confidence in any negative predictions of China's economy either).So once again, you are wasting everyone's time with garbage that you pull out of your bottom because everyone here, including you, knows that China's economy is still very much climbing. When that is not true, and you are willing to bet that China's GDP will decline the next year, then come back and make that interesting bet. Before then, you're just babbling incoherent hatred stemming from your jealousy.
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