Tuesday , February 25 2020
Home / David Stockman's Contra Corner / Red Ponzi Update: Mind The Double-Think And Fake Facts

Red Ponzi Update: Mind The Double-Think And Fake Facts

Summary:
Of course, China is no stranger to Double Think: as Every put it, “a freely-floating, controlled currency; market-determined, state-directed interest rates; and free-trade mercantilism. Yet increase economic activity from here and the virus will spread, both internally and globally. Concentrate on just the virus, and the local and global economic impact will be enormous.”   […]

Topics:
David Stockman considers the following as important:

This could be interesting, too:

David Stockman writes Goldman Warns Of Supply-Chain Shock: Ya Think!

David Stockman writes No! The Fed Will Not “Save the Market”––Here’s Why

David Stockman writes It Is A Red Ponzi! China’s Debt-Entombed Economy Is Unraveling Fast

David Stockman writes Subprime Credit Card Delinquencies Spike to Record High, Past Financial-Crisis Peak

Of course, China is no stranger to Double Think: as Every put it, “a freely-floating, controlled currency; market-determined, state-directed interest rates; and free-trade mercantilism. Yet increase economic activity from here and the virus will spread, both internally and globally. Concentrate on just the virus, and the local and global economic impact will be enormous.”   […]
David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

Leave a Reply

Your email address will not be published. Required fields are marked *