Car prices in China are falling at a faster rate than in 2002

Sharing is Caring!

Result of industrial overcapacity in one picture, btw, not only for cars. Coming to cinema near you. pic.twitter.com/b40it8jOPb

— Michael A. Arouet (@MichaelAArouet) June 23, 2024

See also Gold prices rise as China ends gold-buying hiatus, markets react to Syria turmoil. Gold is on track to achieve the biggest yearly gain of over $500 in 2024

See also Enjoy the final weeks of elevated equity prices and narrow credit spreads, before a reversion to the mean. The cattle buying up here will be served during XMAS lunch.