Bass says China has a whole lot of debt, is chock-full of bad loans. And with fewer American dollars reaching Chinese shores, the Chinese central bank has less firepower to prevent things from getting ugly.
China’s economy has been a powerhouse in recent years.
But times are a changing and China, for better or worse, is a subject of heated debate.
Are there investment opportunities to be still had from China, and how will they affect your wealth at home? Find out here.
Uber or gold, which do you pick? While I’m no gold bug, I wouldn’t blame you for picking the latter. It’s probably a better option than piling into a company going bust!
To our north, a dragon is dying. The Chinese machine is grinding to a halt…much to the surprise — and chagrin — of economists.
We never expected the president to go Full Retard on his trade war. Instead, we thought he would settle the issue…as he did the trade war with Canada and Mexico…in some ongoing, negotiated mush.
The federal government is already adding $100 billion a month to its debt — and we’re still in a boom. And it won’t be long before the boom ends.
I’m in New Plymouth, on the west coast of the North Island of New Zealand (NZ). The bolthole search continues. You’ll find more on that below.
We are watching, increasingly worried, as geopolitical dynamics change. Tensions are facing off, and the world could be dividing in two, a division akin to the cold war.
Today we start a new Lunar Year — the Year of the Pig. They say 2019 is a good year to make money and to invest, because the pig attracts success.
On the one hand, American consumers benefit from cheap Chinese imports. On the other hand, this put a whole lot of US dollars in the hands of Chinese.
After a 38-year boom, the fundamentals have reversed. Day is night; night is day. From lower and lower interest rates, we see rising ones.
If you live in the Hebei province of China, you can use the ‘deadbeat map’ to find out if people around you are in the red.
It might be years, maybe even decades, before we see another black swan. That’s what China’s hoping for at least…
Untying the US economy from China is not possible. The relationship is sick…but symbiotic. The US provides the fake money. China provides the cheap stuff.
China, the global growth engine of the past decade, is slowing…under the weight of debt, trade war and that other indisputable force…