During 2015, China’s economy experienced a serious downturn that caused a global recession. Credit growth in China had been running out of control, Investment far exceeded Consumption
Richard Duncan
Recent Posts by Richard Duncan
China’s economy is facing grave challenges. Given the rising tensions with the West, the outlook for continued export-led growth appears dim. At home, China’s giant property bubble
Newspaper headlines give the impression that Inflation in the United States is very high and running totally out of control. But those headlines are misleading.
I recently had a very good conversation with Buck Joffrey for the Wealth Formula Podcast. I highly recommend you listen to it. Topics include: The
Credit growth is slowing rapidly in the United States. That is alarming because in the Twenty-first Century, Credit Growth Drives Economy Growth. Total Credit Growth (adjusted