Housing Crash 2.0, The Rebalancing Act, A North-South Silk Road

Multipolarity · Feb 2, 2023 · 48m

Philip Pilkington came of age in the shadow of the great Irish property bust of 2008 - it was one of the key reasons he became a macro-economist.

Now, as he warns, history is about to repeat itself. The market indicators are flashing red on both sides of the Atlantic. As we hurtle down the real estate rollercoaster for a long-overdue correction, can the West deal with this reversal? Or are we now too over-leveraged to have any financial. weapons left in our arsenal?

Meanwhile, in China, as the rest of the world founders, the challenge to growth is growing more acute.

We dive deep into recent…