China Archive
23 Oct 2015
Will China’s Meltdown Trigger a Crash?
Let’s talk briefly about China. China is thought to be the great growth story of the post-2008 era. China’s economy not only bottomed before the developed world, but by most accounts, China was thought to be the engine that pulled the world out of recession, thanks to its near-clocklike hitting of 7%+ in GDP growth
21 Oct 2015
More QE Will Not Stop the Coming Crash
The markets are surging this morning based on hype and hope of more QE from Central Banks. This view is overlook the fact that EVERY collapse follows a pattern: 1) The initial drop 2) The bounce to “kiss” former support 3) The real implosion. We’ve passed #1 and are in the middle of #2. Next
25 Sep 2015
One by One Central Banks Are Losing Control
Since 2008, the Keynesians running global Central Banks had always suggested that there was no problem too great for them to handle. They’d promised to do “whatever it takes,” to maintain the financial system and print the world back to growth. Thus far, we’d seen some pretty aggressive moves. The most aggressive was committed by
16 Sep 2015
These Two Assets Show Us a Crash is Coming
If the foundation of the financial system is debt… and that debt is backstopped by assets that the Big Banks can value well above their true values (remember, the banks want their collateral to maintain or increase in value)… then the “pricing” of the financial system will be elevated significantly above reality. Put simply, a
