The above headline ran in the Atlantic magazine last week in the US. Also, the Financial Times speaks of a “financial storm” bearing down on the US commercial property market. Many analysts are talking of commercial property as the biggest systemic risk in the US today and being the next shoe to drop. Is thereContinue reading “The next crisis will start with empty office buildings”
Tag Archives: Crisis
Could there be a Chinese Credit Suisse?
The Great Wall of China dates from the 7th century BC and is over 20,000 km in length. It has had a profound military, economic and political impact on China. But at times of global financial crisis, China also seems to have had a financial “great wall” protecting it from contagion. China’s economy in the 80’s.Continue reading “Could there be a Chinese Credit Suisse?”