China Cuts Rates (Again) In Desperate Bid To Buoy Stocks, Rescue Economy

China Cuts Rates (Again) In Desperate Bid To Buoy Stocks, Rescue Economy (ZeroHedge, May 10, 2015):

On the heels of last week’s equity rout, China cuts interest rates for the third time since November. The move comes on the heels of last month’s RRR cut and follows trade data that missed expectations (again) and a PPI print that betrayed persistent deflation risks. Perhaps more importantly, Chinese stocks fell last week amid still more rumors that tighter margin requirements are on the way.

1 thought on “China Cuts Rates (Again) In Desperate Bid To Buoy Stocks, Rescue Economy

  1. The only economic activities are focused in the lending and money supply areas……there is zero growth in the real economy. The greedy guts are plundering the planet.

    China is in trouble. They seem to have chosen to follow our worst western experiments in for profit health care, lending excessively first to consumers, then business, and finally trapped in the banking gamesmanship to keep the can rolling farther down the road……they are buried in the same debt cycle as we struggle with in the west.

    I saw on Bloomberg that Chinese stock investments have gone up 3:1 over the past few quarters. Only one problem, 100% of the increases are investments made on margin…….All on the cuff………

    I think we are reaching the end of the proverbial rope……and when we finally do…..it will be felt on a global scale never experienced before. 2008 will look like a walk in the park.

    I don’t know when it will happen, the greedy guts have kept the can rolling down the road far longer than I ever imagined……..but it will happen.

Leave a Comment