demographic deficit

The stock market bubble starts to burst

Exponential rapidly rising or falling markets usually go further than you think, but they do not correct by going sideways.

China’s ‘perpetual motion’ housing machine is starting to slow

Evergrande’s default will only be the first of many. Companies and countries that have “bet the ranch” on China’s “perpetual motion machine” need to urgently decide how to minimise their potential losses, whilst there is still time