George Friedman – China is like Japan in 1989 (economically); China lost its competitive edge – ValueWalk Premium

George Friedman – China is like Japan in 1989 (economically); China lost its competitive edge

June 10, 2016
By Steve Blumenthal

“The best thing we can do is get back to pricing risk.
Getting to that point should be and will be painful.”

— PJ Grzywacz, President, CMG Capital Management Group

“Central banks don’t like being the only game in town,
but they don’t know how to get out of it.”

— Mohamed A. El-Erian, Chief Economic Adviser, Allianz

“If I had gone to people four years ago and said, ‘Forty percent of the world’s sovereign bonds would be at negative rates (even 40 percent of corporate bonds now in Europe are coming . . .

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