by Bill | Jul 2, 2012 | China, Global Economy, US Economy
Chinese reserve accumulation has slowed down rapidly. As a result the growth of foreign ownership in US treasuries (USTs) has fallen. The global liquidity pump of Bretton Woods II, in which pegging emerging markets are recycling their increase in foreign exchange...
by Bill | Mar 23, 2012 | China
One of the world’s biggest commodity producers, BHP Billiton, recently got a lot of attention by suggesting that the so far insatiable Chinese demand for commodities may have come to an end. The argument is simple enough: the rate of growth in China is slowing. ...
by Bill | Mar 19, 2012 | China, Demographics, European Economy
Following the pattern we have identified in other countries in the region, Ukraine is once more getting itself into a deeper and deeper mess. Part of the problem is political, part of it is economic, and part is a combination of the two. Moreover, Ukraine has one of...
by Bill | Feb 24, 2012 | China
The market has recently taken relief from the decision by China to lower the reserve requirement ratio (RRR) as well as the signal that it will be the first of a series of cuts. Monetary easing in China, the notion goes, is bullish for risky assets. This is certainly...
