Did some simple arithmetic to make sense of the China economy numbers, and uh hh they look bad, really awful, not good at all
-Deflation is suppressed in the official members, unemployment numbers understated, the 'flexible employment 'concept is massively misleading the rule-makers
-Consumption will go down even more in the foreseeable future, the deflation will escalate unless big bazooka steps taken
-Govt. thinking of bringing stimulus in October, it could be too little, too late... Will be similar to HK experience, the money will disappear like water in sand
-Prioritizing hiring the youth might help with 'social stability', but it will bruise the general economy even more, govt should prioritize job stability to encourage consumption, not letting home owning parents lose their jobs
-Urban middle class, rural poor, middle aged will be the most adversely affected
-Gout going all-in on new high-tech and robotis will be considered overly premature, their target market is becoming more distant
-Automation will be seen as a curse more than a boon, as job opportunities reduce
-Electrification will be seen premature
-Aug 24 eve, the office
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