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Macquarie: “This Is The End Of The Liberal Order… But At Least No Wars Yet”

Macquarie: “This Is The End Of The Liberal Order… But At Least No Wars Yet” One week after Council on Foreign Relations president Richard Haass wrote an op-ed in which he waved farewell to the world he helped create, saying “Goodbye, Liberal World Order.” Then overnight, one of Wall Street’s most original, if underappreciated analysts, […]

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Chinese Cash Flow Shocker: More Than Half Of Commodity Companies Can’t Pay The Interest On Their Debt

Chinese Cash Flow Shocker: More Than Half Of Commodity Companies Can’t Pay The Interest On Their Debt Earlier today, Macquarie released a must-read report titled “Further deterioration in China’s corporate debt coverage”, in which the Australian bank looks at the Chinese corporate debt bubble (a topic familiar to our readers since 2012) however not in terms […]

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It Begins: Australia’s Largest Investment Bank Just Said “Helicopter Money” Is 12-18 Months Away

It Begins: Australia’s Largest Investment Bank Just Said “Helicopter Money” Is 12-18 Months Away Just over two years ago, when the world was deciding who would be Bernanke Fed Chair replacement, Larry Summers or Janet Yellen (how ironic that Larry Summers did not get the nod just because a bunch of progressive economists thought he […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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