Hola Martin ! Que tà l ?
You dropped in there the Purchasing Power Parity concept. I've came across this piece of research from an Asset Manager. Some facts emerging:
- "...during the last two decades, US lost 6 million jobs in the manufacturing sector..." (going overseas) - represents...
Bonjour Martin,
Thanks for detailing the process.
If my understanding is correct, American Companies and People are buying huge quantities of goods from China, paying Chinese in USD. And the Chinese Dictatorship is giving back (lending back) this huge quantities of USD by being a creditor...
Thanks Morgan (& Banjo)
These explanations make sense from a strictly mechanical point of view, which is itself useful.
By way of contrast, to take the example of China (with opaque, obscure accounting and no real credibility in terms of economic reporting), they can use these "double...
I'm wondering about a sentence - article from The Independent (UK) - that I don't manage to make sense of, it's the following:
"...Long-term US government interest rates - Treasury yields - also dropped, helped not only by the Fed's monetary stance but also by an insatiable demand from the...