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Trade war, pensions, fertility,,,, wobbly China
The upper loop of the economy is at all time highs. Here is a graph of trade flows in real stuff.
It has turned down quite a bit. This is BEFORE tariffs, sanctions and trade wars have show their effect.
The Pension Train Has No Seat Belts | Mauldin Economics
The Islamic banking system COULD be a positive solution to the current system. It has been forcefully stamped out whenever possible.
"I would argue that China's runaway mortgage finance and apartment Bubbles at this late stage of the cycle significantly increase the risk of systemic crisis."
"China's private-sector companies of all sizes, even large ones, had long faced challenges in obtaining loans. But the credit squeeze on them this spring has been particularly painful. 'It's very bad, and we see not just small and medium-sized enterprises defaulting but even big companies defaulting,"
"With the Trump administration Friday announcing $50 billion of tariffs on Chinese goods - supposedly with a list of an additional $100 billion ready to go - and China retaliating with its own tariffs on $34 billion, there are concerns for an escalating trade war. Returning to the potential for an upside dollar dislocation, China is today unusually financially and economically vulnerable."
The trade war is getting off to a running start.
"something remarkable happened last week: the entire global bond curve just inverted for the first time since just before the financial crisis erupted."
"As for the timing, well it's troubling to say the least: it did so just before the last two bubbles burst."
The hot money continues to chip away at affordability.
"Today, the migration patterns are purely economic, but they are inspired by socialism whereby they need only show up and receive automatic income and benefits."
Of course it was crazy. The BRICs put a roof on wages and therefore, a roof on discretionary spending.
The upper loop of the economy is at all time highs. Here is a graph of trade flows in real stuff.
It has turned down quite a bit. This is BEFORE tariffs, sanctions and trade wars have show their effect.
The Islamic banking system COULD be a positive solution to the current system. It has been forcefully stamped out whenever possible.
"I would argue that China's runaway mortgage finance and apartment Bubbles at this late stage of the cycle significantly increase the risk of systemic crisis."
"China's private-sector companies of all sizes, even large ones, had long faced challenges in obtaining loans. But the credit squeeze on them this spring has been particularly painful. 'It's very bad, and we see not just small and medium-sized enterprises defaulting but even big companies defaulting,"
"With the Trump administration Friday announcing $50 billion of tariffs on Chinese goods - supposedly with a list of an additional $100 billion ready to go - and China retaliating with its own tariffs on $34 billion, there are concerns for an escalating trade war. Returning to the potential for an upside dollar dislocation, China is today unusually financially and economically vulnerable."
The trade war is getting off to a running start.
"something remarkable happened last week: the entire global bond curve just inverted for the first time since just before the financial crisis erupted."
"As for the timing, well it's troubling to say the least: it did so just before the last two bubbles burst."
The hot money continues to chip away at affordability.
"Today, the migration patterns are purely economic, but they are inspired by socialism whereby they need only show up and receive automatic income and benefits."
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