They did it again ! Like the drug addict who got hooked to drugs, each time he took it , the next one he wants more stimulus, more drugs to satisfy himself. So , the economy works the same. With high inflation, low birth rate and the COVID pandemic, what else can the government do beside printing money? Allowing the stock market to crash is disastrous though this reset is necessary for new growth to starts.
With soaring property prices globally, how can the young ones afford to buy a unit to start a family ? Not to mention the costs of transportation, food, utilities, etc. Is wages increment matching all these inflationary costs ? I doubt so ........
Isn't what is happening in China currently with the government intervene in the costs of private tuition (read this article )
, improve housing affordability for the young people a trend that is coming strongly ?
Well, as traders and investors, this can be a good time to ride the trend and make the money!
Enjoy whilst it last
With soaring property prices globally, how can the young ones afford to buy a unit to start a family ? Not to mention the costs of transportation, food, utilities, etc. Is wages increment matching all these inflationary costs ? I doubt so ........
Isn't what is happening in China currently with the government intervene in the costs of private tuition (read this article )
, improve housing affordability for the young people a trend that is coming strongly ?
Well, as traders and investors, this can be a good time to ride the trend and make the money!
Enjoy whilst it last
Comment:
www.cnbc.com/2021/11...-currencies-oil.html