The Chart of the Week 31 July 2014
Written by John O’Donnell, Online Trading Academy
The Starship Enterprise allusion is used because China has “gone where no man has gone before” in the world history of capitalism. The outcome resulting from this explosion of credit has yet to play out. Whether the outcome is good or bad for China and the global economy, investors will be presented with new risks and new opportunities. The challenge, of course, will be to recognize the differences (opportunities vs. risks) before things play out.
Bank assets are discussed in video following the Read more >> jump.
Additional perspective can be gained by calculating bank assets as a percentage of country GDP: For the U.S. it’s 90%, Japan 150% and China 300%!
Source: YouTube
