In the world of geopolitics, broadly defined to include defense, military, intelligence, diplomacy and various the aspects of statecraft in the international arena often intersect with the world of global capital markets. The sphere of global capital markets include stock, bonds, derivatives, gold, commodities, foreign exchange, etc. These those two worlds are not completely independent, and often converge.
The Chinese economy has a convergence of geopolitical and economic problems that could collapse at any time. Jim Rickards reveals this $3 trillion problem and how it will impact you…
China’s problems are not entirely external and are not limited to the new Trump administration. China is now embroiled in an internal political struggle around the efforts of President Xi to make himself the most powerful Chinese leader since Mao Zedong.
In September Janet Yellen gave a speech in Jackson Hole, Wyoming titled “Designing Resilient Monetary Policy Frameworks for the Future.” That title at least suggested that some new thinking and new policies might be on display. They weren’t.
Based upon my reading of recent developments, U.S.- China relations could soon be heading for crisis.
People you meet in the street are often a better source of information than the experts in the hotel conference rooms. I asked one student if people in China were trying to get their money out of the country.
His eyes lit up and he replied, “Yes, everybody I know!”
Jim Rickards shows you why the world is on the verge of a new currency war that could also lead to a devastating trade war. Read on…
The confrontations between the U.S. and China on trade, currencies and geopolitics will begin immediately at a rhetorical level, but may take a year or two to play out at a policy level. Supply chains, long-term contracts, and reserve positions don’t turn on a dime even when new administrations are sworn in.
The same force that made the dollar the world’s reserve currency is working to dethrone it.
Investors are giddy now that the Dow’s broken through the mythical 20,000 mark. Many anticipate Trump’s economic agenda will spur the economy.