McKinsey sees “ominous” signs of another Asian debt crisis.
It found firms in most of Asia face “significant stress” after examining the balance sheets of more than 23,000 companies. bloom.bg/31MPUa7
asian
Blood in the water for Asian markets tonight. NIKKEI opening 2% down, New Zealand and Australia taking a beating.
First equity markets in the Asia Pacific are open. – Stocks are still an absolute mess– Less correlation in the FX markets though the yuan's now above 7.13 – Bonds … Read more
CNBC: Record Low Unemployment For Asian Americans
CNBC: Record Low Unemployment For Asian Americans (July 5, 2019)
Malaysia Proposes Common Asian Gold-Backed Currency
from Zero Hedge For years, gold bulls had speculated that China has been quietly piling up physical gold, awaiting the moment to unveil a gold-backed currency, either after the dollar’s reserve … Read more
Global growth slowing down, Asian growth not great, Trade-war ON….
Markets needed it b/c the USD is important (see thread why) & because of this: a) Global growth 📉 (we got EU May flashes today 🤗) b) Asian growth not … Read more
Japan & Cryptocurrency – Key Players That Are Transforming Asian Giant’s Crypto Exchanges
Japan is one of the leading countries that are adopting cryptocurrencies with a broader driving force. Although the depth isn’t measurable but likely something great will happen to Japan’s crypto … Read more
“Bubble Drunk” Asian-Millennials-In-Hoodies Blow $28 Million On Simpsons Art
Authored by Jesse Colombo via RealInvestmentAdvice.com, During an economic bubble like the late-1990s dot-com bubble or the U.S. housing bubble, frivolous, hubristic investments and business decisions become appealing to many … Read more
Next Chapter in Bankruptcy & Restructuring Saga of European and Asian Airlines
The fate of the A380 is sealed. By MC01, a frequent commenter, for WOLF STREET: On February 5, German low-cost carrier Germania announced it has filed for insolvency in Berlin and that all … Read more
Budget, Asian airfreight, US profit forecast, Growth index, Capex, Share buybacks
by WARREN MOSLER December 2018 CBO Monthly Budget Review: Total Receipts Up by 1% And Spending Up 9% in the First Quarter of Fiscal Year 2019 The federal budget deficit … Read more
Researchers discover that 54.5% of all plastic in the oceans comes from just five Asian countries; less than 1% comes from the United States.
Plastic waste inputs from land intothe ocean – Science Magazine This isn’t shocking. Look up the carbon output of China alone. Leftists want to save the world but don’t even … Read more
Asian Debt Defaults to Rise as Currencies Weaken, Liquidity Tightens… Satyajit Das: “The World Will Pay for Not Dealing With Debt”
Asian Debt Defaults to Rise as Currencies Weaken, Liquidity Tightens China, India cited as main spots to watch for more nonpayments Shadow banking crackdown, rising rates hurting weak borrowers A … Read more
The ACLU declares war on Asian-Americans, says universities should punish people for being born Asian
by: Ethan Huff (Natural News) If you’re white, the American Civil Liberties Union (ACLU) wants to see you wiped off the face of the planet – and it’s willing to … Read more
How bad is it going to get in Asia? Well South Korean Won is telling us. Very Bad. Retest of Asian Debt Crisis levels.
twitter.com/hks55/status/1054485725205483520 twitter.com/hks55/status/1054476039513169920 twitter.com/hks55/status/1054480119081910272
Chinese Fishermen Wage Hybrid War On Asian Seas
by stockboardasset The U.S. Department of Defense’s annual report to Congress, released in August, details military and security developments of the Chinese armed forces, drew attention to the “People’s Armed Forces Maritime Militia” … Read more
Slowdowns in China and India eat away at Asian oil demand
via RTRS SINGAPORE (Reuters) – Oil demand from Asia’s biggest importers, China and India, is growing more slowly than expected, exposing weakness in two of the world’s largest economies and … Read more
1997 Asian financial crisis – Thailand > Malaysia > Indonesia > South Korea > Russia debt default > Long Term Capital Managament…derivative implosion, economy on brink of collapse.
“Thailand is not important” – 1997 Thailand > Malaysia > Indonesia > South Korea > Russia debt default > Long Term Capital Managament…derivative implosion, economy on brink of collapse. COMPLEXDYNAMICINTERCONNECTEDLEVERAGEDUNSTABLESYSTEM … Read more