The chart of the week is courtesy Bloomberg and shows the maniacal credit boom in china. The credit to GDP ratio in China has breached historical levels and has entered into dangerous territory eclipsing levels seen before recent busts in 2008 and 2015. Another hard landing looks certain:
Today’s ‘Wordle’ #1042 Hints, Clues And Answer For Friday, April 26th
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Hints, clues and commentary to help you solve today's Wordle and sharpen
your guessing game.
38 minutes ago