Trillion dollar budget deficits now loom in the United States. At 5-5.5 per cent of GDP, these will be the highest peacetime deficits since the end of the second world war, save only for the deep recession periods of 1981-83 and 2008-09…. Read on….https://www.prospectmagazine.co.uk/blogs/george-magnus/the-stock-markets-historic-fall-was-likely-noise-the-real-story-is-the-growing-us-deficit
George Magnus is an independent economist and commentator, an Associate at the China Centre, Oxford University, and an adviser to some asset management companies.
He is a regular contributor to the Financial Times, Prospect Magazine and other written media, and appears regularly on BBC TV and radio, Bloomberg TV and other outlets.
- Josephine Moulds, The Daily Telegraph
- Will the chancellor’s gamble pay off?
Hammond is playing a high stakes game with the economy Read more →
- Red Flags: Why Xi’s China is in Jeopardy: a debate at SOAS
Recorded SOAS, London, 29/10/2018
- China’s ‘New Era’ under Xi Jinping: Progress or Jeopardy?
Asia House, London Red Flags debate 9/10/2018
In October 2017,Read more →
- Odd Lots podcast on ‘What it takes to understand China right now’ with Joe Wiesenthal and Tracy Alloway
Odd Lots Podcast Recorded: 22/10/2018
China’s stock market seems to have born the brunt of concerns over a burgeoning trade war with the U.S.Read more →
- These are all the reasons U.S. investors should keep worrying about China
Watch household debt, economic growth and politics Read more →
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