- Fink π§
- Posts
- Morning Call: China & Evergrande Special... What next?
Morning Call: China & Evergrande Special... What next?
Join David & Tim every weekday morning at 9am UK time live in the Discord, or listen back here from 10am each day!
We'll be talking about anything that pops up whether it's market, politics or macro related with a special guest every now and then.
Today we focused on China & Evergrande (what else?) & the potential for a lost decade in China.
It's not a Lehman Brothers moment, but it will have far-reaching consequences, and if the shadow lending / fraud is as widespread as feared, a fast unwind could be on the cards...
A thread on the similarities between 1986/7 Japan & 2021 China π
π€― Mind's blown by this 1987 Foreign Affairs article about the 'Coming US-Japan Crisis'
Japan 1987 π€ China 2021
So much of what applied to πΊπΈπ―π΅ back then, applies to US-China today
Everything changes, everything stays the same...
Source: https://t.co/ihdjiwALVL
πππ pic.twitter.com/1MI1FN75e3β Tim (@VolaTim) September 8, 2021