Evergrande... How fragile is the Chinese Economy? Dr. Walter Kemmsies and Mark Hall break down policy errors that contributed to the current situation and what to look for as China tries to unwind Evergrande. Aside from the direct real estate impact in China, the ripple effect will likely have consequences in the commodities market, freight indexes, and others, depending on how it is unravelled and the speed at which it happens.
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China’s debt to GDP ration is 297%. Some of the increase in debt is because of the belt and road initiative. They lent money...
The Wall Street Journal wrote that, Ford electric vehicle owners will soon gain access to Tesla’s vast EV charging network, according to the CEOs...
Walter and Mark discuss the cargo ship that was stuck in the Suez Canal in March 2021. It brought up the question of how...