Deflation continued in October, middle-class consumption downgraded significantly, and the pressure on mortgage holders increasedChina's inflation data in October showed that core inflation fell, mainly due to high employment pressure and income
Deflation continued in October, middle-class consumption downgraded significantly, and the pressure on mortgage holders increased
China's October inflation data showed that core inflation fell, mainly due to high employment pressure on residents and declining incomes, especially among young people, which led to a downgrade in consumption. The deflationary environment is good for debt-free households, but bad for business owners and those with debt, especially large mortgages, and high real interest rates can increase their borrowing costs.
There are always friends who say, "such an obvious reason" Why don't you say it, it's not clear, but it's obvious but don't say it, you can only say that you can't say it. My principle is, don't tell lies, pick the truth...
This is a case of a dispute over the assignment of creditor's rights. A company's claims are assigned to a boss, who takes the notice of assignment and sends it directly to the debtor, and the debtor also joins the debtor with him.