Archive for November, 2015

China’s post 2002 growth, and particularly that which occurred from 2009 onwards, involved the creation of a massively outsized financial system. This caused a record breaking debt to GDP ratio which may turn into a compound-interest-driven Debt Trap similar to…

For the last five years it has been the auto sector that was responsible for almost all of the growth in German IP. Naturally, the Asia/EM slowdown had already started to impact German car exporters quite severely and there were…