China Credit Bubble

This tag is associated with 2 posts

Crunch-Time For The U.S. Dollar And The Global Economy

Posted by EM_Equity ⋅ April 8, 2016 ⋅ Leave a comment

By Charles Hugh Smith The reality is that we’re one panic away from foreign-exchange markets ripping free of central bank manipulation. While all eyes on fixated on global stock markets as the measure of “prosperity” and “growth” (or is it hubris?), the larger force at work beneath the dovish cooing of central bankers is foreign exchange: … Continue reading →

China’s Newest Export: Empty Buildings

Posted by EM_Equity ⋅ March 2, 2016 ⋅ Leave a comment

By Michael Pento, Pento Portfolio Strategies A little over six months ago the owners of the Baha Mar, a $3.5 billion Bahamian resort, filed for bankruptcy. Shoddy construction from the China State Construction Company led to delays resulting from leaking plumbing, porous Chinese concrete and large cracks at critical stress points. The doomed project even … Continue reading →