What Will Blow Up First? Part II
China? A Wealth Confiscation Shock Wave?
17 Minutes, 20 Slides
In Part II of this two part series John & Gord continue on their around the globe review in assessing what is most likely to blow up first. The problems in China dominates the discussion as does what can only be described as a Wealth Confiscation Shock Wave.
The Shadow Banking which was central to the 2008 Financial Crisis is now orders of magnitude larger in China with even less regulatory oversight.
As a consequence Non Performing Loans (NPL) are now skyrocketing.
Despite attempts by China to bring some control to the Shadow Banking activities it appears to be too little, too late.
Wealth Confiscation Shock Wave?
What Should Individuals Do?
- Monetary Expansion is Currency Debasement
Nothing More Than Wealth Confiscation to Finance Excess Debts
- Macro-Prudential Strategy of Financial Repression
Accelerating Government Wealth Confiscation
For more detail signup for your FREE copy of the GordonTLong 2014 THESIS PAPER
Signup for notification of the next MACRO INSIGHTS
Request your FREE TWO MONTH TRIAL subscription of the
Global Macro Tipping Points (GMTP) Report
No Obligations. No Credit Card.