China’s five-year deposit rate hit a 74-year low after the rate cut on December 22. Can you believe that this is the deposit interest rate for third world developing countries?

The survey shows that 70% of Chinese will continue to save and 30% will take action, involving $5 trillion. Source: Bank of China.Now all Chinese are discussing what to do with deposits. 🇨🇳 #China’s 30-Year Yield Hits Lowest Since ‘05 on Deposit Rate Cuts – Bloomberghttps://t.co/FczKh5NYHqhttps://t.co/XUm8CDdEw3 pic.twitter.com/Mfk2LDwOdm — Christophe Barraud🛢🐳 (@C_Barraud) December 22, 2023 h/t …

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Sink The Economy! CMBS Storm Unfolds As Delinquent Office Loans Hit Five-Year High (They Call Biden “The Sleeze!”)

by confoundedinterest17 Biden and The Fed are playing their own version of Johnny Horton’s “Sink The Bismarck!” This version is called “Sink The Economy!” The commercial real estate space is experiencing stress following the recent turmoil in the regional bank sector, with the rapid rise in interest rates, tightening lending standards, and structural changes, such as sliding demand …

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