China’s Deflation Struggle: A Growing Threat to the Global Economy



China’s Deflation Struggle: A Growing Threat to the Global Economy

https://www.guardianmag.us/2024/09/chinas-deflation-struggle-growing.html

by kingsmenroof

1 comment
  1. A rather disappointing article. Prices fell by 1.8%. That means they are cheaper for the entire world also. Perhaps the goal here is to increase exports.

    [With the Delete America effort to replace all US software by 2027](https://www.youtube.com/watch?v=YLQGYZK-8J4) this may be an incentive to push the program forward faster.

    >This downward trend ***could*** trigger a chain of negative effects, from reduced consumer spending and lower corporate revenues to higher unemployment rates.

    The important word in this sentence is “***could***”. America financial firms are ringing another false bell.

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