2min chapter

Forward Guidance cover image

Credit Market Implosion Will Be Severe, Says Harald Malmgren | Nicholas Glinsman, Harald Malmgren

Forward Guidance

CHAPTER

China Is Uninvestible, You're Not a Feduciary Agent, You Don't Care.

If you're a feduciary agent running people's money in the west, then china is uninvestible. You invest to express views in china by chinese proxies and don't know whether you'll get your money back. So there's this huge need. And i mean, you can take evergrand aside and look at chama, or look at any of the others. They've olt default it on. But why would china bounce given this pressure globally on he real estate? Anyway, nieitits whyle. Most suppli us to b r i, we'll only accept dollars, regardless of what people say about the rememb i.

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