EVENTS:   A Generational Opportunity to Invest in the Nuclear Renaissance - - 22 Jun 26   Where is the National Bureau of Economic Analysis? - Danielle DiMartino Booth/QI Research - 25 Jun 26     ROADSHOWS: Where is the National Bureau of Economic Analysis? - Danielle DiMartino Booth /QI Research   •   London   21 - 26 Jun 26       Internet and Media Coverage and Ideas - Barton Crockett /Rosenblatt Securities   •   London   22 - 23 Jun 26      

China - The Bigger Short

Andrew Hunt Economics

Wed 26 Oct 2022 - 15:00 BST

Topics

  • China's economy is well known to be one that is debt reliant, but it has recently suffered four potentially fatal shocks:
    • A "Death Cross" between the rate of growth of GDP versus interest expenses.
    • Debtor income discontinuities caused by zero COVID policies.
    • Rising interest costs and rollover difficulties vis-à-vis the banks' $3 trillion of foreign currency liabilities.
    • The impact of a busted Ponzi Scheme within the property developers that may cost China's banks the equivalent of 40% of GDP in loan losses.