Tag Archives: china
As the Controlled Inflation Scheme Rolls On
American consumers are not only feeling good. They’re feeling great. They’re borrowing money – and spending it – like tomorrow will never come. On Monday the Federal Reserve released its latest report of consumer credit outstanding. According to the Fed’s … Continue reading
Trump’s Plan to Close the Trade Deficit with China
Jack Ma is an amiable fellow. Back in 1994, while visiting the United States he decided to give that newfangled internet thing a whirl. At a moment of peak inspiration, he executed his first search engine request by typing in … Continue reading
China’s $6.6 Trillion Toxic Loan Problem
“As long as you’re green, you’re growing. As soon as you’re ripe, you start to rot,” once remarked Ray Kroc, mastermind of the McDonald’s franchise empire. At the moment, no truer words can be spoken for China’s ripe economy. The … Continue reading
The Muted Delight of the Forthcoming Recession
One week down. Fifty-one more to go. No doubt, this has been a wild start to the New Year. We expect many more to follow. For example, on Monday, Chinese investors overloaded the Shanghai Stock Exchange. An abundance of traders … Continue reading
