Tag Archives: Credit Expansion

U.S. Banks Primed And Ready To Roll – Expect the Unexpected

We’ve been busy crunching numbers on the consolidated balance sheet of U.S.-chartered depository institutions and comparing their mix of assets relative to their pre-crisis levels. The large U.S. banks begin reporting earnings on Friday. The Coming Credit Led Expansion Our … Continue reading

Posted in Economics, Monetary Policy, Uncategorized | Tagged , , , | 2 Comments

China’s Credit Bubble

Just a  follow up to our last post.  This chart from the IMF illustrates how China was able to skirt — in relative terms — the deep economic contraction by generating a huge expansion in domestic credit and increase in … Continue reading

Posted in Black Swan Watch, China | Tagged , , | 2 Comments