Description in the chart!! Price had regain the 6.96 critical level !! even PBOC cut rate but US cut deeper rate and pump CREDITS into the system
Last year REPO CRISIS is a trigger but manage to solved with more CREDITS pump back into the system. ASSETS price will surge with artificial CREDITS over the real value of the assets.
This world is mad with CREDITS. How long will this system sustain?
Economy growth = productivity growth ( transaction velocity between good , service provided ) the faster the transactions is the better. but with more CREDITS, productivity is down among the masses.
Lessons here is someone really need to pay for these mess. It doesn't make no sense. NUMBER GAME to be continue...