AnCaps
ANARCHO-CAPITALISTS
Bitch-Slapping Statists For Fun & Profit Based On The Non-Aggression Principle
 
HomePortalGalleryRegisterLog in

 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone
 

 George Soros says 'hard landing practically unavoidable' for China's economy

View previous topic View next topic Go down 
AuthorMessage
RR Phantom

RR Phantom

Location : Wasted Space
Job/hobbies : Cayman Islands Actuary

George Soros says 'hard landing practically unavoidable' for China's economy Vide
PostSubject: George Soros says 'hard landing practically unavoidable' for China's economy    George Soros says 'hard landing practically unavoidable' for China's economy Icon_minitimeThu Jan 21, 2016 10:29 pm
Billionaire investor George Soros said China's economy is heading for a hard landing and will contribute to global deflation.

"A hard landing is practically unavoidable," Mr Soros said in a television interview at the World Economic Forum in Davos. "I'm not expecting it, I'm observing it."

George Soros says 'hard landing practically unavoidable' for China's economy 1453416798862

Soros said while China has resources to manage the situation, the slowdown there has spillover effects on the rest of the world. The investor said he has placed bets on further falls for the Standard & Poor's 500 Index, which is down about 8.5 percent for the year, and advised that it's still too early to buy equities, echoing comments from other top investors this week who said they don't see a bottom yet for markets.

Soros said he that at the end of last year he also bought US government bonds, shorted raw-material producing countries and bet that Asian currencies would fall against the dollar.

"The key issue is deflation," Soros said, citing the impact of falling oil prices and competitive devaluations, in addition to the slowdown in China. "It's a condition that we're not used to."

Read more: http://www.smh.com.au/business/markets/george-soros-says-hard-landing-practically-unavoidable-for-chinas-economy-20160121-gmbh1w.html#ixzz3xwMMUsSO
Back to top Go down
 

George Soros says 'hard landing practically unavoidable' for China's economy

View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
 :: Anarcho-Capitalist Categorical Imperatives :: AnCaps' Laissez-faire Free Trade Zone-
 :: 

Anarcho-Capitalist Categorical Imperatives

 :: 

AnCaps' Laissez-faire Free Trade Zone
Index, Portal, Induct Yourself Here, Forum Technical Non-Assistance, Philosophy & Religion, Realpolitik Statism & Bureaucracy, Law & Order, Rights Individualism & Lifestyles, Laissez-faire Free Trade Zone, Science Technology & Environment, Psychology Edumbcation & IndoctriNation, Culture & Art, Ancapdemia's Ebony Basement, High Octane One-on-One Debate, Celebrate Evildoers' Inadvertent Contributions to Ancap Values, Idiot of the Week Award Nominees Are, Humor, Freestyle Miscellaneous, Ancaps Emporium, OZschwitz Slave Pen Downunder Boutique, Anarcho-Capitalists,AnCaps Forum,Anti-State,Anti-Statist,Inalienable Rights Defenders,Non-Aggression Principle,Non-Initiation of Force Principle,Rothbardians,Anarchist,Capitalist,objectivism,Ayn Rand,Anarcho-Capitalism,Anarcho-Capitalist,politics,libertarianism,Ancap Forum,Anarchist Forum,Vulgar Libertarians,Hippies of The Right,Forum for Anarcho-Capitalist,Forum for Anarcho-Capitalists,Forum for AnCap,Forum for AnCaps,Libertarian,Anarcho-Objectivist,Freedom, Laissez Faire, Free Trade, Black Market, Randroid, Randroids, Rothbardian, AynArchist,Anarcho-Capitalist Forum, Anarchism, Anarchy, Free Market Anarchism, Free Market Anarchy, Market Anarchy, Market Anarchism, Volunteerism, Libertarian anarchism,
Free forum | ©phpBB | Free forum support | Report an abuse | Forumotion.com