Imagine how apoplectic they are all going to be once the deficit goes to 10 per cent or more and the central banks are buying up all the debt.
Economics
South China Morning Post: China’s property crisis: who and what will save the indebted developers in the world’s largest real-estate market?
Sunac, which forked out 43.8 billion yuan in 2017 to help Wanda, defaulted on a US dollar bond last week, and had its rating cut twice by Fitch, deep into junk status R&F, which bought […]
Economics
EU Commissioner: Merkel’s glorious V-Recovery is not happening in the rest of EU
According to Paolo Gentiloni, the EU’s economics commissioner, “We never counted on a ‘V-shaped’ recovery. Now we know for sure that we will not have one.” Read here
Economics
Eli Clifton – Ukraine War is great for the portfolio, as defence stocks enjoy a banner year
The top five US weapons firms outperformed major Wall Street indexes in the last year, mostly on the backs of American taxpayers Read HERE
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