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The John Batchelor Show

#China: #ScalaReport: Deflation in the PRC. CRE crash in USA & What is to be done? Chris Riegel, Scala.com. #Stratacache.

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 10 November 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary


#China: #ScalaReport: Deflation in the PRC. CRE crash in USA & What is to be done? Chris Riegel, Scala.com. #Stratacache.
https://www.zerohedge.com/economics/urban-revival-stalls-office-apartment-conversions-face-financial-fiasco

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Transcript

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0:00.0

Catching flu costs you. It costs you time while you're laid up in bed. It costs you money with the time off work.

0:08.0

It costs you your plans. And it could cost you your health because for some flu can have serious consequences.

0:15.0

But the flu jab could cost you nothing.

0:18.0

Protect yourself and your family.

0:20.0

Get vaccinated for flu by your local NHS. Check if you should have a

0:25.4

free jab at Manchester.gov. UK slash get my jab. This is a scholar report. I'm John Bachelor. I welcome Chris Regal, the CEO of

0:40.4

scholar.com Global Technology firm transforming the retail space with business

0:45.4

on all the major continents and we begin in Asia, East Asia, a headline from the Financial

0:51.3

Times in Europe, China's economy falls back into

0:56.8

deflation in blow to recovery. Sub-head tumbling pork prices undercut growth as consumer confidence lags.

1:05.3

In the body of the article, what is mentioned is Japan, the deflationary cycle that hit Japan

1:11.8

towards the end of the 20th century and may still be with us.

1:16.3

Chris, a very good day to you. Thank you very much for joining. We've been speaking of the manufacturing sector in China for some time, needing orders, laying people

1:26.0

off, unsure what the future holds.

1:28.9

Now the deflationary cycle, grips.

1:32.1

The Chinese right now are in a spiral downward. We're days from a meeting

1:37.5

we're told in San Francisco on the sidelines of the APEC meeting.

1:43.0

Your anticipation of what she will ask for, what she believes he needs,

1:48.0

if anything, to reverse what appears to be a deflationary cycle that could

1:54.2

outlast him. Good evening to you. Good evening John in the last year to 18 months

2:00.3

the Chinese have been playing a very hard game with politics with the US

2:05.1

with the back and forth chip war with the back and forth economic challenges.

...

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