Comment

Taimane Plays Bach's Cello Suite No. 1 in G Major on Ukulele, in a Picture Perfect Hawaiian Setting

378
ericblair10/19/2020 7:45:05 am PDT

re: #347 Belafon

With Covid19 under control, China’s economy is surging ahead. Exports jumped and local governments engaged in a binge of debt-fueled construction projects. Even consumer spending is finally recovering

Yeah, there’s the money quote. Toss a shitpile more money into ghost city construction projects to try to tamp down any unrest. I see no reason to doubt China’s ability to keep a lid on COVID spread at this point, but as usual take Chinese economic data with a big pinch of salt.