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China Faces "Minsky Moment" on Ponzi Financing

MishTalk

Inquiring minds are tuning into a report on the Ponzi finance setup in China. We have described in detail over the past two years how we believe China’s twin excesses (excessive investment funded by excessive debt) will inevitably unwind, causing a substantial slowdown in China’s economy, significantly below market expectations.

Finance 75
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Seven Years Later, Global Debt Keeps Piling Up, $57 Trillion More Than 2007

MishTalk

In fact, rather than reducing indebtedness, or deleveraging, all major economies today have higher levels of borrowing relative to GDP than they did in 2007. Since 2007, government debt has grown by $25 trillion. Since 2007, government debt has grown by $25 trillion. China China’s debt has quadrupled since 2007.

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Recovery Mirage in Spain Dissipates Into Ashes

MishTalk

Spain is again dependent on foreign financing. Via translation from Libre Mercado, Spain Again Borrows Abroad to Finance Consumption. That 6 million unemployed can only increase imports, not domestic production illustrates our problems," he warns. Spain''s trade deficit doubled in the first half as imports soared.

Finance 74
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Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?

MishTalk

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation? Fed Balance Sheet vs. Stock Market. Automatic Earth.

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Mish's Global Economic Trend Analysis: Only Hope For Italy is.

MishTalk

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. EC : In Italy, the public sector is not intended as an aid to the production of wealth and public goods and services.

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Oliver Wyman interview preparation: the inside story

Management Consulted

Oliver Wyman’s CEO, John Drzik, states that the long-term aspiration is to be recognized widely in the market as the gold standard in consulting. They seized this opportunity to establish a firm that would help firms gain clarity about their business models, products, and clients and then advise them by creating long term strategies.

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Lettuce Bot - Mish's Global Economic Trend Analysis

MishTalk

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. food system - particularly fruit and vegetable production - depends on immigrants more than any other sector of the U.S.