163
Chinese economy expected to have slipped into deflation as recovery falters
(www.theguardian.com)
News from around the world!
Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc
No, that applies to all fucking business. Grocers, for instance, make very little off what they sell. Farmers make an even smaller profit margin. Hitting them across the board with lower revenue while their fixed costs are still largely the same is a recipe for them going under and the bank seizing the assets.
Calling for deflation is literally having compassion for bankers. So good on you, mate. Keep on licking the boots of those bankers.
The only way anybody could be this ignorant and think they're the good guy is if they're a bad faith actor. Fuck all the way off.
You're the one calling for helping out the fucking banks via deflation, you dunce.
They are calling out the system entirely, you have just missed that point and tried to jump on a 'gotcha'.
I agree with you. These capitalists spit on climate activists calling them doomers and even worse terms. But the moment someone suggests that it's ok when the line doesn't have to go up always... it's pitchfork time.