As a rule, Credit Growth drives Economic Growth. But that is not the case now. Credit growth is very weak, but the economy grew by
Richard Duncan
Recent Posts by Richard Duncan
The Bank of Japan is creating money and buying up Japanese Government Debt on an unprecedented scale. Thus far, the BOJ has bought up 40%
Last year, Macro Watch published a five-video series on China’s economy. It explained that China’s export-led, investment-driven and debt-fueled economic growth model is in crisis
The IMF expects China’s Total Debt to double from US$27 trillion in 2016 to US$54 trillion in 2022. That would be a five-fold increase in
Last month I had the great good fortune to go on a speaking tour around South America at the invitation of the CFA Institute. I