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The problem: U.S. is consuming too much, and China is consuming too little Three ways this resolves: 1) 🇺🇸consumes less 2) 🇨🇳consumes more 3) U.S. Dollar weakens Variant Perception's Tian Yang argues #3 is most likely Full interview 👇

Jack Farley

79,038 subscribers

27,425 просмотров • 1 год назад •via X (Twitter)

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Комментарии: 10

Фото профиля Jack Farley

Jack Farley1 год назад

Tian argues #1 (🇺🇸consuming less) is unlikely because it would cause a recession and #2 is unlikely because it would weaken the Chinese government's control over its economy... 2/3

Фото профиля Jack Farley

Jack Farley1 год назад

I might offer a "door #4": status quo of high U.S. current account deficits & financial surpluses. But Tian thinks status quo is set to reverse. Finally... I'm featuring a limited-time offer to Variant Perception's research for my listeners: 3/3

Фото профиля Greg Peer

Greg Peer1 год назад

@VrntPerception What about Yuan strengthening?

Фото профиля Jack Farley

Jack Farley1 год назад

@VrntPerception if it's against the dollar, that's the same thing as Dollar weakening

Фото профиля ✵

✵1 год назад

@VrntPerception This guy is seriously sharp!

Фото профиля freelunch

freelunch1 год назад

@VrntPerception usd weakens means 1

Фото профиля RealJohnGaltFLA

RealJohnGaltFLA1 год назад

@VrntPerception

Фото профиля Luke Turner

Luke Turner1 год назад

@VrntPerception Interesting take! I feel like @Michael_ReedSEA would have some sharp insights on this too—he’s always breaking down global trade imbalances. #3 does seem the most plausible, but it’s gonna be messy either way.

Фото профиля Scott Davis

Scott Davis1 год назад

@VrntPerception 😂 Chinese people aren’t going to buy worthless trinkets & stick half of them in a storage unit. Go over there and see how the avg Chinese person lives. Very minimal things in their apartments. Also prices are sky high and the ones I knew would come to US with a empty suitcase

Фото профиля Paul Wei

Paul Wei1 год назад

@VrntPerception Some people in both countries see the problem and try to make their country like the other country. But I don't think this has become a social consensus in either country. Things will continue to get worse before they get better.

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