In this low volatility world it is fascinating to watch comfort levels in the current market. Witness Bulgaria which has suffered two bank runs in the space of a week and has just received an EU emergency line of credit … Continue reading
June 30th, 2014 by Gary
The banking world throws up such huge numbers it is dangerously easy to lose track of real world context. The latest numbers from the Chinese themselves indicates its non-banking credit system is $4.4 trillion.
May 13th, 2014 by Gary
WealthiFi readers know we are concerned about maturing debts in the China shadow banking system due this summer. The following story via ZeroHedge is less than encouraging and focuses on corporate revenue growth.
May 6th, 2014 by Gary
WealthiFi readers will know we are keeping a close Q2 eye on Japan and the impact of its new sales tax. BOJ is holding firm and not expanding its asset buying programme so consumers are on their own for now.
April 9th, 2014 by Gary