Bubbles Are Brutal
Nothing makes sense in their late stages… Read More Bubbles Are Brutal
Category: China
China Financial Warning Signs Are Flashing Almost Everywhere
Defaults, weak banks threaten growth and financial stability. Wary of moral hazard, officials have been reluctant to step in… Read More China Financial Warning Signs Are Flashing Almost Everywhere
The Nature of the Hong Kong Protests
emocratic freedoms aside, many nations in the world but particularly the U.S., Britain and China have interests to protect in Hong Kong… Read More The Nature of the Hong Kong Protests
‘You Can Never Be China’s Friend’: Spengler
Asia specialist and distinguished columnist David P Goldman is convinced the US and Europe stand a chance against the Red Dragon – but the clock is ticking… Read More ‘You Can Never Be China’s Friend’: Spengler
China Won’t Save the World Economy This Time
Beijing played a pivotal role in reviving global growth after recessions in 2001 and 2008. Things are very different now. … Read More China Won’t Save the World Economy This Time
US Dollar Status as Global Reserve Currency Slides
Chinese Renminbi struggles forward in slow micro-steps… Read More US Dollar Status as Global Reserve Currency Slides
The Puzzling Lure of Financial Globalization
Although most of the intellectual consensus behind neoliberalism has collapsed, the idea that emerging markets should throw their borders open to foreign financial flows is still taken for granted in policymaking circles. Until that changes, the developing world will suffer from unnecessary volatility, periodic crises, and lost dynamism
… Read More The Puzzling Lure of Financial Globalization
Hong Kong’s Inevitable Showdown
This reckoning with Beijing’s authority was baked into the cake 22 years ago when the Union Jack came down over Government House.… Read More Hong Kong’s Inevitable Showdown
Albert Edwards: “Chinese Authorities Lost Control Of The Situation Back In 2015”
“The risk that Chinese policy makers lose control is very high indeed, not just in relation to the risk of capital flight such as we saw in 2016, but also the clear and present vulnerability of the banking sector that we have witnessed in recent weeks”… Read More Albert Edwards: “Chinese Authorities Lost Control Of The Situation Back In 2015”
How Close Is China To A Financial Crisis?
“China has the second-highest number of flashing early warning indicators after Hong Kong.”… Read More How Close Is China To A Financial Crisis?
The Death of the Liberal Idea
What is the author of “The Art of the Deal” to do when nobody wants to negotiate any more deals with the US, now knowing full well that the US always finds ways to renege on its obligations?… Read More The Death of the Liberal Idea
Xi is not the Boss in US-China Struggle. Neither’s Trump. Here’s Who Is
As the Chinese and American presidents meet at the G20 summit in Japan both are ultimately trying to appeal to one group of people, the Chinese middle class, arguably the greatest economic asset on the planet… Read More Xi is not the Boss in US-China Struggle. Neither’s Trump. Here’s Who Is
