FUBAR (the world in general)!
Oh the irony; if Russia became the most desirable place to relocate. Russia’s central bank chairwoman, Elvira Nabiullina, successfully guided the Ruble through it’s crash and recovery. She was an effective foil to the U.S. sanctions debacle, which may yet screw the EU into depression.
If one reads the good stuff, then one knows Elvira Nabiullina has gotten kudos from many western economists for her acumen in things financial within Russia (and we got Yellen, yuck!!).
S.E. Asia’s numbers (specifically Thailand) are proportionately smaller than China’s, but serious nevertheless. Tourism somehow manages to surprise, but cannot carry the economy. A housing bubble appears imminent and household debt is at 85% of GDP.
This cannot end well and I lost my crystal ball eons ago…
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