China’s Middle Class May Be Xi Jinping’s Biggest Threat

While many assumed the government had bought off this influential group with decades of rising incomes, its political awakening may have just begun. Read More Here

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The Unavoidable Crash

After years of ultra-loose fiscal, monetary, and credit policies and the onset of major negative supply shocks, stagflationary pressures are now putting the squeeze on a massive mountain of public- and private-sector debt. The mother of all economic crises looms, and there will be little that policymakers can do about it. Read More Here

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