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gemmy
@gemgemcrypto
Some good news in the last 24 hours~ Massive global liquidity is coming? - China: • Boosting consumption amid U.S. trade war with new fiscal stimulus, announced Wednesday. • Goal: grow economy by about 5% this year. • Adding $179 billion in special long-term bonds (up from $138B last year). • Local governments can borrow $614B more (up from $540B last year). - Germany: • Tuesday news: new leaders plan to relax strict debt limits and start a special fund. • Aims: boost Germany’s weak economy and support Europe’s defence. Let see if we end up with a bullish month in March
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