2008 exposes instability of the wholesale banking system & inside collateral. ABCP implode. Repo stable. BIS wrk 565 https://t.co/rHs2V58aNI
"Even with highest debt/GDP ratio in decades, cost to UK gov of servicing that debt is lowest since WWII, and falling. So what need is
"“If you make China the enemy, China will be the enemy”. That sentence, attributed to a Chinese government official, has been splashed all over the
50 ships laden with Australian coal worth $500m are stranded off Chinese ports with 1000 crew on board, as tensions between the trading partners increase.