Global liquidity via central banks has already peaked and now in sharp decline ~ indicating world business conditions and growth to follow downwards

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Why the China Evergrande Crisis Is Scaring Investors Around the World: Bloomberg

China is a major driver of global growth, so problems there often spell trouble elsewhere. In a worst-case scenario, Evergrande-related stress could spread across the world’s financial system and freeze credit markets around the world. Some are describing it as China’s “Lehman moment.” Others say that this comparison is completely overblown.

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