China’s economy is teetering on the brink of widespread deflation—a scenario that could cause even more problems than high inflation. Economists are afraid that deflation is happening in China like it did in Japan’s recession in the 1990s.
Like Japan in the ’90s, Beijing is also experiencing a real estate crisis. So how could this affect the U.S. and the rest of the world?
WSJ looks at Japan’s “lost decade” to explain why China’s economy is struggling and what it means for the global economy.
Chapters:
0:00 China’s economy
0:31 Japan’s “lost decade”
2:30 Deflation in China
3:56 Impact on the U.S. and the world
4:36 China’s response to deflation
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So surprisingly inflation can mean people spend more than when prices are dropping
thank you for the insightful analysis. is china's economy going to collapse for real finally, this time? 🤣🤣🤣
But deflation means your money is worth more. In the grand scheme of things, it does not matter to a country like China. But for economies where money is allowed to float, its not bad for the people.
At least they make stuff…
Don't let them lie. Deflation is better than inflation
Glad dprk economy is doing good
Anyone claiming deflation is worse than high inflation clearly never lived in a country with high inflation. 5-10% isn't high inflation. Try living with 100% inflation for 3 years, then we'll talk which is worse.
Fake news. China won the trade war with the USA, according to the Wall Street Journal.
WSJ economists, the court magicians for the ruling elites, tell us that deflation is worse than high inflation. This is because high inflation transfers wealth from the working class to the profligate government and financial class, but deflation transfers wealth to the poor, the wage earner, and the prudent saver.
The wall street is worried, of course. It might not be bad for Chinese people.
Sounds like us propaganda to help us belive the bs of the Biden administration
Our economic model of infinite growth has no issues, now get back to work.
So just realize the Nekkei has finally caught back up to where it was 35 years ago.
Lies from WSJ. Deflation is nowhere near as harmful to people in society as inflation is.
Some secret message from Brandon media cronies: why inflation is good.
Deflation is absolutely necessary at this point. We need to cut prices in the USA by about 80%.
That 李强 caught me off guard, sounded like a native speaker
Scenes of small market like Lhasa is almost never touched in economic news….
“Why receiving $1 million dollars would actually ruin your life” – WSJ
Am I the only one who doesn't like the idea that "Prices have to go up forever, or else."?
In the name of greed.
It's almost like infinite growth year over year is an unsustainable system and will inevitably collapse.
👏🏻👏🏻👏🏻
It's deflation time because greedy-*ss cooperations INFLATED prices everywhere. How can prices go lower when all companies say to themselves is "I need to make more money than before!" It seems like deflation is the only way to humble cooperate greed.
Dear god, the travesty! The chinese get lower prices! Quickly, print money and blow a new bubble!
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