China’s Biggest Problem Isn’t Trump, It’s a Broken Banking System
While much of the media remains focused on Trump and trade, the greatest threat to the Chinese economy may be reckoning with a massive financial bubble from within.
While much of the media remains focused on Trump and trade, the greatest threat to the Chinese economy may be reckoning with a massive financial bubble from within.
The main indicators of the economic cycle point to a possible crisis and recession in the US economy. and maybe also in Europe.
The differences between government stats and reality are a problem, especially since these estimates are used to make policy.
The signing of the EU–Mercosur trade agreement constitutes a starting point — but an unholy alliance between protectionist politicians, agricultural lobbyists, and environmentalists may be forming.