The Champagne of Bears 🥂

@fineursine.bsky.social

All the aggregate horror and greed and cruelty of a country in one person. It's like living under President Dorian Gray.

Kythra Suntamer

@kythra.bsky.social

That much debt will slow aggregate demand no matter, too. Because either people pay it and thus spend less buying things, or they don't and the bank has to cut back.

Michael Pettis

@michaelpettis.bsky.social

1/2
Xinhua: "China has achieved zero growth in total water consumption since the beginning of the 14th Five-Year Plan period (2021-2025), even as the country's economic aggregate continued to reach new heights and grain output remained abundant."
https://en.people.cn/n3/2025/1227/c90000-20407519.html