Episode 37
Chinese Wobbles, BRICS' New World Order, San Fran Down The Pan
This week, the lads are kicking back against the recent pervasive narrative in the financial press: that China is on the verge of a big wobble or recession. As they show, most of the China hawks are high on their own supply in an oriental Copium den.
The biggest news of the week is the BRICS summit in Johannesburg. With plans to expand way beyond the famous five, are we witnessing the birth of The Global South as a political force, akin to the EU? Is this the moment when a new kind of regionalism comes roaring back?
Finally, Andrew Collingwood has been looking into the US property market - and he doesn't like what he sees. With San Francisco visibly failing, now 160 financial companies have departed from high-tax high-crime New York. What becomes of big city America's decade-long property bubble now that the party appears to be over?
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Next week we launch our first PREMIUM PATREON EPISODE. And it promises to be the best thing since someone put fairy lights on the wheel. You can sign up on Patreon to hear the lads chew over the new wave of mega-ultra-populism embodied by Vivek Ramaswamy and Javier Milei. Don't be an Uncool Virgin Basic Subscriber. Become a Swinging Chad of Premium Multipolarity. Act now!
