Arrive as expected (2)
Continuation from above
I was talking about recession at the beginning of this year! decline! As a result, I was criticized in various ways every day. As time went by, some friends began to appear who agreed with my views. Until now, Master Bao himself has admitted the decline. It is not easy.
I think the mild recession mentioned yesterday should be treated as a fart. Last year, he said that inflation would be lowered and stabilized. Over time, it became a mild recession. At present, it is a mild recession, but as it continues Interest rate hikes and high interest rates may not be the case, so Master Bao will definitely not say a deep recession.
But a deep recession is unlikely to occur. A deep recession at this time of crisis will not be good for the US dollar’s hegemony. Therefore, the Americans are not stupid. Master Bao is looking at lagging data, and it is time to cut interest rates and QE at the critical point.
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