Re latest Chinese stimulus efforts and why everyone is excited: "It is the heart flutter of a cokehead seeing a dimebag, but the bag is empty and has been since 2021." If it isn't fiscal it is unlikely to do much.

Without big fiscal injection you are not motivating households IMO. China is not US and stonks don't create that much wealth effects.

I feel like this is copy/pasted every 6 months and then it juices ASX commodity shitcos for a week or so.

It is probably going to work for stocks and not work for revisions which is incredibly late 2014 - early 2015 if you think about it.