Outlook of the World by John Taylor (Hedge-Fund FX Concepts)
- China is bust by the end of this century (overcapacity),
- Greece will default but no CDS is valid (study from some law profs) ,
- The world is slipping back into recession (obvious, look at the bond yields from Germany, USA, Japan, UK - it is already priced in),
- We have war, economic warfare (more apparent since CHF central bank intervened publicly).
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