Chinese replay of Japan’s two lost decades
Matein Khalid There is now no doubt in my mind that we are witnessing a replay of the inflection point in the global liquidity cycle that culminated in the Asian currency meltdown in 1997, the TMT debacle in 2000 and the subprime mortgage crisis/credit market contagion in September 2008. China’s $5 trillion deflation nightmare has only just begun, a replay of Japan’s two lost decades with a […]







