From Reuters, August 18:
China will continue to boost consumption and protect people's livelihoods, expanding the country's positive growth trend, Premier Li Qiang told a State Council plenary meeting on Monday.Li, whose comments were broadcast by China's state broadcaster China Central Television, said authorities would strive to achieve the full year economic growth target set at roughly 5%.China would "remain calm and actively respond to various uncertainties", Li said, noting a "severe and complex external environment."....
....MUCH MORE
This, combined with India's stimulative policies, The extraordinary American budget deficits and Germany's military Keynesianism means there is a an almost absurd amount of liquidity sloshing around.
And as our old pal Mssr. Cantillon pointed out all those years ago, the people who get the new money first don't buy things with it, thy buy assets.
Partay!