Today I’m thinking of China…
I’ve got some #xag for solar power.
Some #cwr because that’s where the progress will be (in my opinion – not financial advice)
And some #acic for good measure.
What happened to the millions of Chinese people who were going to die horribly of SARS-CoV-2 when the lockdowns were lifted in china late last year, as per this headline from The Sun??
Lack of student accommodation in Australia seems to be the main problem of Chinese reopening today!!
… and unlike everywhere else in the world (except Japan which seems to be on the #QE fence) China is going to remain accommodative – “The PBOC will keep liquidity reasonably ample and maintain effective credit growth, according to the report.”
Meanwhile the US and Europe are busy tightening the noose on people’s finances – after a decade of binging on cheap credit (if this was a diet it would be extreme) – whilst making them pay for a war in Ukraine that they can ill afford.
I’m so glad I live in the #isleofman.
It feels like Switzerland!