@tedtalksmacro
So a potential FED pause/pivot at some point this year, combined with an extended period of Chinese QE. Doesnโt sound too bearish for crypto/risk, does it.
@tedtalksmacro
US QT is nothing but an opportunity for China.
Their massive QE is helping boost local production but more importantly, exporting yuans into the international markets scrambling for USD.
Big mistake by the US, china jumping in at the opportunity.
@tedtalksmacro
Why people take it as a bullish sign? Doesn't that show things are not working well in China? They are trying their ultimate best to not let economy fall apart
@tedtalksmacro
Super interesting; the most immediate effect will be what it does to Yuan vs. USD. Most likely Yuan will become depressed making Chinese exports cheaper globally. This will depress US GDP as it always has.