The world media is unanimously reporting China's accelerated crisis: demographic, economic, debts, banking, construction, etc. Yet China's GNP is growing at 5-6% this year (source: The Economist) in comparison with America's 1-2% and Europe's -1%. Who is collapsing?
BTW, Israel is growing at 3-4% in 2023 which is very nice. Compared with the dark prophesies of the anti-government press. The Bourse believes in the HaAretz fish wrap and is considerably behind the wonderful rise of the NASDAQ. That is in spite of the 10% devaluation of the shekel vis-a-vis the dollar. I believe that TASE will - eventually - synchronize with Nasdaq.
No comments:
Post a Comment