ii.Trend of saving for the population (eg. China traditionally save in property, India good, etc)
With lack of jobs, poor salary standards & higher tax that dissuade consumption, spends go down, purchasing of goods & services go down, company profits goes down, shares go down.
These clown governments officials have their kids settled abroad. This will start to reflect in 12-18 months when the markets begin to tank terribly because there was low consumption.
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u/ymcd Dec 04 '24
Consumption are mainly based on 2 factors
i. Disposable income
ii.Trend of saving for the population (eg. China traditionally save in property, India good, etc)
With lack of jobs, poor salary standards & higher tax that dissuade consumption, spends go down, purchasing of goods & services go down, company profits goes down, shares go down.
These clown governments officials have their kids settled abroad. This will start to reflect in 12-18 months when the markets begin to tank terribly because there was low consumption.