Think harder. Worry about the world. I’ve sold more than half of my stock positions. We’ll see the tsunami impact on the world economy starting next week.
Chicken farmers and Peking duck restaurant owners aren't the most important subjects to write about in the middle of an epidemic. But I do think what they're going through illuminates the cost China's private biz are paying. It'll be very important soon.https://nyti.ms/36MovHk
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Mass rearing of livestock is always an issue. Instead of each home 5 hens, its 5 lakh in a factory. At times of crisis like this, profits will crash.
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Question becomes: as millions of SME can’t service or roll over their crushing debt, how much ¥¥ is BoC willing to release to stop the tsunami of inevitable defaults? Printing money is akin to marriage: easy to propose, hard to divorce.
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It's the poor chickens. I think you've got it all wrong.
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大国效率在于碾压蚁民
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