MacroVoices #362 Jeff Snider: Soft Landing or Crash Landing?
Macro Voices
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What Happened to Hooshing Town?
There is a broad consensus, maybe outside of a few data points, which look more like what would lead the economy into a situation markets are predicting in pricing. The trend toward this type of one-man rule started way back earlier and was really cemented with the 19th party Congress in 2017. Unlike under Hooshing Town's regime, you're not going to see the Chinese respond to economic weakness with textbook Keynesianism. It may be that China reopening turns out to be more of a disappointment than Shanghai last year.
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