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The Swarm Lounge
General Investing and Economics Discussion - No Politics
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<blockquote data-quote="LibertyTurns" data-source="post: 691310" data-attributes="member: 789"><p>There’s some risk from this coronavirus deal as Chinese businesses are likely to default on an even greater percentage of loans. Compounding this is Chinese companies are declaring force majeure allowing them out of contracts.</p><p></p><p>Then you have the other BRICs “bricking”. Brazil is in terrible shape, India is slowing significantly & Russia is weakening quite a bit. On top of all this Germany is about to enter a recession & they can’t afford more spending plus their interest rates are already negative.</p><p></p><p>Here we go as all the Socialist countries Liberals so admire are all tanking. Time for some of these rebellious trading partners to be put in their place. Free markets will always prevail & the good old American economic model when following proper fiscal policies will always prove to be superior in all respects.</p></blockquote><p></p>
[QUOTE="LibertyTurns, post: 691310, member: 789"] There’s some risk from this coronavirus deal as Chinese businesses are likely to default on an even greater percentage of loans. Compounding this is Chinese companies are declaring force majeure allowing them out of contracts. Then you have the other BRICs “bricking”. Brazil is in terrible shape, India is slowing significantly & Russia is weakening quite a bit. On top of all this Germany is about to enter a recession & they can’t afford more spending plus their interest rates are already negative. Here we go as all the Socialist countries Liberals so admire are all tanking. Time for some of these rebellious trading partners to be put in their place. Free markets will always prevail & the good old American economic model when following proper fiscal policies will always prove to be superior in all respects. [/QUOTE]
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