China Stimulus Highlights Western Collapse
All at once we see not only confirmation that permanent, near-zero interest rates are a failed policy; but also confirmation that our own near-zero interest rates were
never intended to fix our economies. Instead, they are merely a form of permanent financial triage -- intended solely to prevent the West's criminal, zombie-banks from instantly drowning in an ocean of their own fraudulent bad bets
Note that even in The Telegraph's piece of transparent propaganda that it's impossible to hide the real story here:
China's export sector is suffering from anaemic demand from Europe and the United States. In the first seven months, exports rose 7.8pc, while imports rose 6.4pc, leaving China in danger of missing its 10pc target for trade growth this year...
While The Telegraph's Chicken Little vainly struggles to incite hysteria over China's economy, the facts leak out. China's only "economic problem" is weakness in the West. Now the propaganda is fully on display.
We're supposed to be "worried" because China's strong, healthy, growing economy may miss its growth targets due to the economic weakness in the West -- and most notably the U.S.
Unsafe HavenWhat is the prescription from the mouthpieces of the Corporate Media? We're all supposed to take our money out of China's strong, healthy, growing economy and move it to a "safe haven." What is the supposed "safe haven" which the propaganda machine always places at the top of its list
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