Chinese producer price inflation is now running at rates that annualize to double digits. Why would anyone hold paper yuan if this keeps up? Most Chinese and businesses haven't adjusted their yuan expectations. Can China stop yuan outflows into copper, cement, trucks, factories, steel, furniture, and even toilet paper? Chinese will hoard anything if it keeps value better than the yuan.
NBS: 2016年11月份工业生产者出厂价格同比上涨3.3%
Aussie baby boomers power ahead, while everyone else struggles
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On Tuesday night, I was interviewed by Sky News’ Sharri Markson where I
explained how there are “three Australia’s right now, whereby two thirds of
Austr...
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