The chart of the week is courtesy Bloomberg and shows the maniacal credit boom in china. The credit to GDP ratio in China has breached historical levels and has entered into dangerous territory eclipsing levels seen before recent busts in 2008 and 2015. Another hard landing looks certain:
‘Gray Zone Warfare’ Is Almost Everything I Wanted It To Be
-
After getting hands-on with Gray Zone Warfare I’m impressed that it has
managed to live up to the hype and can see it being great in the future.
10 minutes ago