China is teetering on the brink of deflation. That's a huge red flag for the global economy.
,"prices staying the same" might sound like a good thing. But most economists see deflation as a nightmare scenario.
That's because people are likely to hold off on buying things with the expectation that they'll become cheaper in the near future – and that drop in spending can then drag down growth.Bloomberg's"Odd Lots" podcast"Individually, [people trying to save money] might be doing the right things, but collectively, they may be killing the economy."
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Deflation Looms in China as Rebound Continues to Lose SteamChina’s consumer inflation flatlined in June after two months of meager growth, while factory-gate prices fell at their fastest pace in more than seven years.
Leer más »
Bitcoin Steady Above $30K as China Factory Deflation Suggests End of Global Tightening Cycle Is NearChina is exporting deflation across the Western world. Ultimately this will be good for risk assets as it relates to the end of the global interest-rate increase cycle, one observer said.
Leer más »
Meta's Threads solved the chicken-or-egg problem plaguing social startupsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
Someone please stop the Musk vs Zuck dick measuring contestSomeone's got to put an end to the Musk vs. Zuck billionaire 'dick measuring contest' before Elon gets his ruler out
Leer más »
Twitter apparently has 'dick pic bot' looking for nudity: Elon MuskTwitter apparently has a 'dick pic bot' that scours the platform for posts with not-safe-for-work content, according to Elon Musk
Leer más »