Andy Xie

Re: Andy Xie

Postby winston » Sun Oct 08, 2017 9:54 pm

The bubble economy is set to burst, and US elections may well be the trigger

Andy Xie says the failure of central banks to focus on asset inflation has led to rising inequality on the back of mistaken stimuli. More than interest rates, it will be political tensions in the West that will burst the bubble

American household net worth is at an all-time high of five times GDP, significantly higher than the bubble peaks of 4.1 times in 2000 and 4.7 in 2007, and far higher than the historical norm of three times GDP.


The top 1 per cent in the US owns one-third of the wealth and the top 10 per cent owns three-quarters . Half of the people don’t even own stocks.


How is this all going to end? Rising interest rates are usually the trigger.


The most likely cause for the bubble to burst would be the rising political tension in the West. The bubble economy keeps squeezing the middle class, with more debt and less wages. The festering political tension could boil over.

Radical politicians aiming for class struggle may rise to the top. The US midterm elections in 2018 and presidential election in 2020 are the events that could upend the applecart.


Source: SCMP

http://www.scmp.com/comment/insight-opi ... ay-well-be
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Re: Andy Xie

Postby behappyalways » Sat Jan 06, 2018 8:18 pm

China won't be prioritizing growth this year, economist says
https://sg.finance.yahoo.com/news/china ... 00182.html
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Re: Andy Xie

Postby winston » Sun Jan 07, 2018 8:08 am

The global asset bubble will burst – the only question is when, and how bad it will be

Andy Xie says we are seeing little concern about the swollen asset bubble, even though stock prices are higher than just before other crises and China is looking to slow the credit expansion that has propelled growth. It’s time to watch for signs of a coming contraction

Government actions will lose their grip only when growth expectations crash or inflation flares up. Neither is a major risk for 2018. Hence, 2018 won’t kill the speculators of the world.

China accounts for about half of global credit growth. Credit creation in commodity economies has been dependent on China. The property sector roughly accounts for half of China’s credit growth. Yet, China’s monetary expansion may slow to half the average of the past decade.

Lastly, a US dollar collapse is possible. If so, it will take everything down with it.


Source: SCMP

http://www.scmp.com/comment/insight-opi ... en-and-how
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Re: Andy Xie

Postby behappyalways » Fri Feb 09, 2018 11:34 am

2018 won’t kill the speculators of the world. But it will teach them a lesson or two
https://economictimes.indiatimes.com/ne ... 841196.cms
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Re: Andy Xie

Postby behappyalways » Thu Mar 01, 2018 9:37 pm

next-year-we-may-have-a-market-crash-says-andy-xie
https://timesofindia.indiatimes.com/bus ... 088270.cms
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Re: Andy Xie

Postby behappyalways » Thu Jun 28, 2018 5:34 pm

A lot of Chinese Stocks Are Cheap, Says Economist Xie
https://sg.finance.yahoo.com/video/lot- ... 23381.html
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Re: Andy Xie

Postby behappyalways » Sun Aug 19, 2018 1:50 pm

Hype of China technology stocks risks a replay of the 2000 US dotcom crash
https://www.msn.com/en-sg/news/other/hy ... ar-BBM333F
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Re: Andy Xie

Postby behappyalways » Tue Sep 25, 2018 5:08 pm

Andy Xie: Change Is Coming & With It, A Reckoning
https://www.zerohedge.com/news/2018-09- ... -reckoning
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Re: Andy Xie

Postby behappyalways » Tue Oct 02, 2018 4:59 pm

'Possible' for Chinese yuan to fall another 10 percent if trade war escalates, economist says
https://www.cnbc.com/2018/09/28/economi ... lower.html
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Re: Andy Xie

Postby winston » Tue Mar 05, 2019 7:26 am

Markets aren’t really recovering from the US-China trade war – this is just a dead cat bounce

The change in the Fed’s policy posture has more bearing on global financial health than a resolution to the trade war

Either way, China and the US have worrying debt problems, and Chinese consumers won’t be able to boost the economy

by Andy Xie

Source: SCMP

https://www.scmp.com/comment/insight-op ... hina-trade
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