Why a Banking Crisis in China Seems Unavoidable
Another alarm about the danger that China’s rapid increase in private debt poses to its banks.
Read more...Category Archives: China
The Private Debt Crisis
Why private debt is so dangerous, and why that risk looms large, particularly in China.
Read more...Wolf Richter: Why Hanjin’s Zombie Collapse Won’t Be the Last One
China Containerized Freight Index remains near record low.
Read more...Ilargi: China Relies On Property Bubbles To Prop Up GDP
More concerned tea-leaf reading in the wake of a BIS report that sounded alarms about China’s debt growth.
Read more...Are We Really Going to Sell Out the US Alliance for Property Prices? Australia’s China Choices
Australia faces choices in deciding what role China should play in Australia’s future. China is aggressively deploying “soft power” and outright offers of money (or threats to withhold funds) in attempting to sway Australian foreign policy both in the short-term, in pressing China’s case for control of the South China Sea, and in the longer-term, to reconsider its alliance with the United States.
Read more...Shaky State of North-South Relations
North-South, or developed-emerging economy dealings, are becoming more contentious.
Read more...Dodgy New Zealand Companies: Mapping Their Global Footprint Since 2009
New Zealand’s scam companies: a map of their global footprint
Read more...China Destabilizes Global Economy by Exporting Deflation Through Currency Devaluation
China is behaving badly by trying to maintain growth at the cost of worsening deflation in the rest of the world.
Read more...Rebalancing, Wealth Transfers, and the Growth of Chinese Debt
By Michael Pettis, a Senior Associate at the Carnegie Endowment for International Peace and a finance professor at Peking University’s Guanghua School of Management. Cross posted from China Financial Markets. For the past ten years much of what I have written about debt in China was aimed mainly at trying to convince analysts and policymakers […]
Read more...Chaos Theory, Shocks, and Fragility, Australia and Elsewhere
Australia and other countries had the opportunity to reduce financial fragility. They may soon discover the cost of doing too little.
Read more...Need a Loan in China? Hand Over a Nude Photo
Lender demands in China as a sign of credit stress.
Read more...And Now, Price Deflation in India and China?
Price deflation, and classic debt deflation dynamics, are staring to appear in India and China.
Read more...Vancouver Mayor Mulls Empty Homes Tax
Vancouver ponders a long-overdue measure to target residential real estate warehousing.
Read more...Tom Engelhardt: How Donald Trump Reveals the March of American Authoritarianism
Trump as a symbol of an America morphing into a visibly less democratic fading empire.
Read more...Steve Keen: Zombie-to-Be Economies and the Walking Dead of Debt Include China, South Korea, Canada, Finland
Steve Keen’s macroeconomic model allows him to identify zombies-in-the-making. It’s not pretty.
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