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The Wrap: Hormuz Still Closed, Home Prices Stagnant to Down
The latest turn of events in Washington has left the Saudis and Israelis profoundly annoyed. The US kicked over the hornets nest in Iran, but now Washington is seeking peace even as the Iranians continue to attack the Gulf states. A few ships carrying LPG for Pakistan have been allowed through the Strait after paying Tehran the extortionate sum of $1 per barrel, payable either in Chinese yuan or bitcoin.
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Apr 105 min read


Will BRICS Topple the Dollar?
Whenever you hear the magic words "blockchain" and "digital tokens," it's a good guess that whatever follows is nonsense.
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Oct 21, 20245 min read


EVs Wane, Fintech Sputters & COF Dumps Commercial Mortgages
Now let’s take a look at how some members of the banking and fintech sector are doing in the first month of 2024.
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Jan 29, 20248 min read


China's Debt Crisis Accelerates
Our view is that China has been caught in a debt deflation for the past five years.
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Aug 22, 20238 min read


Housing, China & the Dollar
The world of secured finance is still coming to grips with the idea of several more increases in the federal funds rate this year.
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Jul 5, 20236 min read


Trade Warrior: Dan Caprio on the EU, China and Global Trade
A nation of 1.5 billion souls is being held hostage by a criminal gang called the Chinese Communist Party.
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Oct 4, 20217 min read


Bill Witherall: China and Wall Street – Decoupling or Linking?
China and American are more linked than ever and despite the bluster of President Trump...
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Oct 23, 20205 min read


The Politics of Chinese Credit Risk
In December this past year, Chinese lender Citic Bancorp warned that the high-flying HNA Group was having trouble paying its considerable short-term debts. After building a $40 billion pile of investments around the world largely funded with debt, HNA seems to have reached the end of its ability to grow further, both in financial and political terms.
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Jan 15, 20186 min read
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