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Bill Mitchell

@mitchellvii ↗

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Last Checked July 10, 2019

Created

Fri May 24 12:27:27 +0000 2019

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105

Retweets

57

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Bill Mitchell @mitchellvii

In October 2018, China's central bank pumped $175 billion into the economy to keep it from stalling. https://t.co/vXFB7F8GrD — PolitiTweet.org

Posted May 24, 2019 Hibernated

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Bill Mitchell @mitchellvii

Most of the growth occurred in the cities along China's east coast. These urban areas attracted 250 million migrant workers from the countryside. Chinese leaders must continue to create jobs for all these workers or face unrest. https://t.co/vXFB7F8GrD — PolitiTweet.org

Posted May 24, 2019 Hibernated

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Bill Mitchell @mitchellvii

China heavily bought US Treasuries not as a favor to the US, but to manage foreign exchange rates and keep their manufactured products cheaper. If they try to "punish the US" by selling these, they lose control of foreign exchange rates - making their goods less competitive. — PolitiTweet.org

Posted May 24, 2019 Hibernated

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