Sunday, September 23, 2007

Rates on their way down? Or are they?

Inflation in China builds up steam

"Why does it matter? Because if the US falls into recession then only China can stop the world from going down with it. And whether China can hold up the world economy depends on how Wen responds to the most serious outbreak of consumer and asset price inflation in more than a decade." Also: Rate rise in Australia still a possibility, and arguments there seem relevant to here: http://www.smh.com.au/news/business/rates-rise-still-a-possibility/2007/09/23/1190486137172.html

Posted by planning4acrash @ 09:58 PM (741 views)
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5 thoughts on “Rates on their way down? Or are they?

  • planning4acrash says:

    China moves to curb price hikes ahead of national holiday: http://www.chinanews.cn//business/2007-09-22/39735.html

    China might further raise interest rate: http://www.chinanews.cn//business/2007-09-18/39612.html

    Housing mortgage loans face rising risks: Report: http://www.chinanews.cn//business/2007-09-21/39698.html

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  • Chinese inflation is unlikely to affect us though.

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  • planning4acrash says:

    David, how many of your consumer items are brought from China? How could this not affect us?! Particularly if Sterling looses value.

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  • tyrellcorporation says:

    ‘Chinese inflation is unlikely to affect us though.’…Doh!

    David, if a TV made in China goes from being £20 to £30 to produce do you think that price rise will be reflected in the UK high street price?

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  • David, either you are being sarcastic (and I hope you are) or you are the thickest person who’s words are the most ignorant dumbass bulltuurd I have ever had the displeasure of reading.

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