Holger Zschaepitz
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Holger Zschäpitz is market maniac and Author of 'Schulden ohne Sühne?' a book on states' addictiveness to debt.
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https://twitter.com/Schuldensuehner/status/1597187307580579842 #Oil prices plunge as #China protests hit risk sentiment. WTI tumbled to lowest since Dec2021. China unrest comes after sharp pullback in oil mkt as risk of China slowdown looms & EU floated price cap on Russian crude that looks set to have minimal impact. https://t.co/aujWRr0oL0 https://t.co/AeJaxpy4oG via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1597282831750701056 #Apple faces deficit of 6mln iPhone Pros on #China tumult. Production losses will affect Apple’s most in-demand phones. Workers have fought back against Covid lockdown fallout. In a worst-case scenario, one-fifth of sales would be lost. https://t.co/roq5AkHwSg https://t.co/7bJ9Xtl9Zl via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1615309293967884288 #China Vice-Premier Liu He at #wef23: Confident China growth to most likely return to normal. Says housing sector is still a pillar of China's econ. Says real estate accounts for 60% of urban household assets. https://t.co/c8P1Z5yXnZ via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1615311421079797761 #China Vice-PM Liu He: China, US & world econ need to rebalance. Says common prosperity is aimed at limiting polarization but common prosperity does not mean egalitarianism. https://t.co/aD23dWOcRk via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1626122763877376002 OUCH! In trade w/#China, which in 2022 fell from #2 to #4 of most important export destinations, #Germany recorded largest trade deficit since WWII. While imports from China in 2022 increased by 33.6% YoY, exports rose by only 3.1%, resulting in record trade deficit of €84.3bn. https://t.co/0YgTIhnOi4 via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1639177089441058817 #China’s demographic crisis has reached its capital city: For 1st time since 2003, Beijing reported decline in population. Sprawling metropolis, China’s 2nd largest city after Shanghai, had a population of 21.88mln in 2021, which fell to 21.84mln in 2022. https://t.co/dk445aCFFK https://t.co/iEszU8ZZq6 via @Schuldensuehner
https://twitter.com/Schuldensuehner/status/1660386596422660096 To put things into perspective: US Chipmakers are heavily reliant on #China. Companies like Qualcomm, Broadcom and Intel. deliver billions of chips to the country, which puts the components inside electronic products that are shipped all over the world. (via BBG) https://t.co/3gZ9qNKbLW via @Schuldensuehner
📊 OOPS! #China’s central bank didn’t buy any gold for a 2nd month in June. Bullion held by the People’s Bank of China remained at 72.8mln ounces. The central bank opted not to add to reserves in May, ending an 18mth buying spree that helped push Gold prices to their highest ever.… https://t.co/9PB2Kpwgld https://t.co/ZHigjNwKcL
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