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https://twitter.com/Trinhnomics/status/1754765386359197836Indonesia elects a new president in a week. The leading candidate is riding high on Jokonomics, or the continuation of his policy & popularity, as Jokowi's eldest son is VP.
https://twitter.com/Trinhnomics/status/1731858171801797090Demand is deflated but supply is ever more growing, as per Caixin services and manufacturing. And let's not forget, GDP in Q3 surprised on the upside. So the economy is doing fine! Too fine for a big stimulus. Of course that is bad news for the financial sector & investors.👈
https://twitter.com/leahyjoseph/status/1729381386862424552The costs of China allowing developers to fail & hasn't led to a banking crisis comes from ORDINARY PEOPLE losing their deposits/savings/giving up their time/life to save up for the future that isn't coming.
https://twitter.com/Trinhnomics/status/1655770619835760647China exports to word by economy year-to-date (US tariffs + sanctions + industrial policy working):
https://twitter.com/jburnmurdoch/status/1641799627128143873Btw, gun violence killed 45k people in 2022 so death of drug overdose is way higher. But drug overdose doesn't make the news as much. It is usually doesn't rise as high on the agenda as gun violence. Did u know that in SF, more people died of Fentanyl overdose than Covid at peak?