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China’s Latest Lending Orgy

  • Written by Syndicated Publisher No Comments Comments
    February 18, 2016

    Well, you can’t fault China for not trying to resuscitate their ailing economy and flagging stock market via yet another reckless expansion of credit and debt as detailed in this Bloomberg report that includes the video below with some startling long-term data.

    As I recall from my brief foray into management more than 20 years ago (one that, it turned out, I was particularly ill-suited for but was fortunate enough to learn this early in my career so I could move on), you never want to be accused of doing nothing when things are going badly and the Chinese are certainly not doing that.

    Images: via Flickr (licence attribution)

    About The Author

    As you may have already deduced, this is not your typical financial blog, accompanied by some run-of-the-mill investment newsletter, and I’m not your typical financial writer.

    In fact, I spent my entire working career as an engineer before retiring back in 2007 at the tender young age of 46. Two years prior to that in 2005 I started writing a blog – The Mess That Greenspan Made – mostly just to poke fun at the housing bubble and the policy makers who had led us down that path.

    Details about the investment newsletter and information about the performance of the associated “model portfolio” can be found here and if there are any questions that I can help answer, just send mail to tim@iaconoresearch.com.

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