The chart tells the whole story New orders in manufacturing August 2025 (in real terms, provisional): -0.8% on the previous month (seasonally and calendar adjusted) +1.5% on the same month a year earlier (calendar adjusted) […]
The value of art, like other assets, is falling as inflation and interest rates rise. China in particular is in a debt-deflationary trap. In Ann Pettifor’s substack. Read the article HERE.
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