Mish's Global Economic Trend Analysis: Stabilization or Stagnation? Expect Downward Surprise: "Not Just China - The struggle for growth same applies to nearly every country on the planet for a multitude of reasons:
- Excess debt
- Poor demographics
- Tapering
- Unwinding of leverage
- Unwinding of carry trades
- Higher interest rates
- Reversion to the mean on corporate profits" (read more at link above)
