Leaks from Brussels, Germany and Greece indicate that European, US and other governments are already putting into place contingency measures ahead of a potential Greece withdrawal from the eurozone. The pessimistic view – which to a large extent may well
Cranes are silent as China’s slow down steepens
Misallocation of capital, speculation, corruption,an aging working population and tighter monetary growth could dampen China’s growth in the next decade.
Declining orders, weaker industrial statistics and anecdotal evidence, indicates that China’s official growth numbers are overstated. Reported, official, first
Danger spots beyond the eurozone
Events in China, Iran, Mid-East, and the US presidential polls could eclipse the EU crisis
GLOBAL market participants have become so euro-centric that broader economic and geopolitical risks have been placed on the back burner. Despite the seriousness of a … Read the rest
Asia follows European bubble towards unsustainable debt
GLOBAL stock markets have rallied sharply because of the promise of yet another bailout of Greece. Despite the euphoria, the massive private and public-sector European debt overhang is as serious as ever. The threat of contagion, leading to one or … Read the rest