Chinese Wobbles, BRICS' New World Order, San Fran Down The Pan
This week, the lads are kicking back against the recent pervasive narrative in the financial press: that China is on the verge of a big wobble or recession. As they show, most of the China hawks are high on their own supply in an oriental Copium den.
The biggest news of the week is the BRICS summit in Johannesburg. With plans to expand way beyond the famous five, are we witnessing the birth of The Global South as a political force, akin to the EU? Is this the moment when a new kind of regionalism comes roaring back?
Finally, Andrew Collingwood has been looking into the US property market -…
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