Friday, June 24, 2016

As Financial Markets Focus on Brexit, The Chinese Yuan Drops Sharply


As financial markets fixate over the nail-biting and cliff hanging Brexit, hardly anyone has noticed that the yuan has significantly been tanking


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Minsky's Fragility Cycle Meets Wile E. Coyote: The Philippine Banking System’s Velocity Trap

  But the boom cannot continue indefinitely. There are two alternatives. Either the banks continue the credit expansion without restriction ...