This is the largest financial panic we’ve ever seen and it’s not producing even an iota of actual economic result in China

WoW 😮China basically threw about 9% of GDP of total social financing at the economy in Q1 2019 😮

TSF rose 1690 in March after a massive Jan+Feb = ~9% of GDP injection in Q21 2019;
M2 rose to 8.6% YoY from 8%; New credit was massive too.

Now u know why Chinese equities rose 😮 pic.twitter.com/vDJpqR5zfA

— Trinh (@Trinhnomics) April 12, 2019

https://twitter.com/offendall/status/1116654202019831809

And I fully agree. This is the biggest panic ever seen on the financial markets ever. It’s like WW3, because last time this huge credit injections occured during WW2. Financial rescue from 2008 seems to be a peanut vs what China is doing.

— GregTheAnalyst (@Analyst_G) April 12, 2019

all that was needed #es_f 2900 pic.twitter.com/sbSXpTwoT6

— Alastair (@StockBoardAsset) April 12, 2019

"With global growth set to remain weak in the coming quarters, a strong rebound in exports looks unlikely," Julian Evans-Pritchard, senior China economist at Capital Economics, said pic.twitter.com/Dx4FYlgM8V

— Alastair (@StockBoardAsset) April 12, 2019

https://twitter.com/hks55/status/1116657193732984832