over9k
So I didn't tell my wife, but I...
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They're much more self-reliant in, well, basically everything (compared to china at least).
Not to say it isn't a wise pivot, but they're not equivalents.
They're much more self-reliant in, well, basically everything (compared to china at least).What about India though? It was supposed to replace China
it might be replacing China as we speak , but due to data reliability , would me know yet ( it might be being withheld for 75 years , to give plenty time for revision as needed )What about India though? It was supposed to replace China
different entities ( and mentalities ) for absolutely sure , India for example would be very hard to physically blockade several trading partners are relatively close, ( Africa , Middle-East , and South East Asia even China )They're much more self-reliant in, well, basically everything (compared to china at least).
Not to say it isn't a wise pivot, but they're not equivalents.
different entities ( and mentalities ) for absolutely sure , India for example would be very hard to physically blockade several trading partners are relatively close, ( Africa , Middle-East , and South East Asia even China )
i see China and India working in parallel ( friends where mutually convenient , rivals or separate paths at other times
having ( now both deceased ) an Australian mother and a New Zealand-born and raised father , there were plenty of skirmishes in my extended family , however when mutually beneficial , the family members would work together ( whether related by blood-line or not )I would tend to disagree with that last statement.
India and China have had more than their share of Border Skirmishes.
In 1962 there was an Indian China war over the Himalayan borders, that has been simmering along since then with occasional outbreaks of hostility. ( see India China Crisis ).
China's takeover of a Sri lankan port on India's doorstep has also been a serious point of conflict. (see Chinese ship docks at hambantota ).
India has been wary of Chinese foreign influence operating out of Singapore (Fake Singapore profiles ).
However, India does not dispute China's claim to sovereignity over Honk Kong, Macau and Taiwan, so there is some leeway here.
Mick
We end up back where we were before all the bank collapse carryon.We're almost 2 weeks out from the next Fed meeting. CME Fed watch tool giving an 85% of a 25bps hike. Interesting the US 6 month bond is at 5.05, 3 months at 5.09.
What happens to the bond market if the Fed signals its going to keep going higher?
i would be surprised if it is the last hike by choice ( as opposed to rapid back-pedaling to save a pre-election economy )
Depends on the CPI print. Canadian headline inflation is falling off a cliff, now 4.3% with the expectation that its going to have a 3 handle this year...
Depends on the CPI print. Canadian headline inflation is falling off a cliff, now 4.3% with the expectation that its going to have a 3 handle this year...
can't tell , i haven't bought much ( except prescription medicines so far this month )What do we all think of inflation at the ground level? To be honest I'm not seeing any accelerating inflation in the last few weeks and my area of the economy.
... Notwithstanding the totally ridiculous inflation in home building costs.
I've put prices up because I can and I can tell you it is well above the rate of inflation... But it is pretty much catch up.
Yeah, the short term stuff is A: mental and B: volatile. It's the long(er) ended stuff to really keep an eye on.US 3 month now 5.22%, well past the peak in March.
Getting closer now....
Petrol high. Food stable but high. Internet slightly cheaper. Electricity about to rocket. Mortgage fixed but I'd be fuming if I were a renter.What do we all think of inflation at the ground level? To be honest I'm not seeing any accelerating inflation in the last few weeks and my area of the economy.
... Notwithstanding the totally ridiculous inflation in home building costs.
I've put prices up because I can and I can tell you it is well above the rate of inflation... But it is pretty much catch up.
Euro cpi comes in at 6.9, exactly as expected.
Haven't personally encountered any nasty price surprises lately, the pace of it does seem to have greatly slowed down.What do we all think of inflation at the ground level? To be honest I'm not seeing any accelerating inflation in the last few weeks and my area of the economy.
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