Weekly Commentary: Let The Facts Speak: Q4 2020 Z.1
The credit bubble continues to be fueled by a mind-boggling expansion of government debt. Outstanding treasury securities jumped $700 billion during the Q4.
China is not just shackling Hong Kong, it is remaking it
FOR MOST of its modern history, Hong Kong had no time for nostalgia. Little remains of the Victorian mansions or art-deco towers that once flanked its harbour. The city was built by unsentimental people in a hurry: traders and shippers and British opium peddl…