Wolf Richter on “This Week in Money.”
“These things can go on for a long time — until they can’t…”
What happens to prices when the biggest, reckless buyer walks away?
The upside is fake stability. The downside is too ugly to contemplate.
The last big enthusiastic buyer, China, is leaving the party.
Its largest & second largest markets. In how much trouble is it?
Are these Conglomerates the Black Swan in China?
Sudden Financial Meltdown is “less likely.”
New CEO Cuts Costs: Ford shifts production of compact car from Michigan and Mexico to China.