The chart of the week is courtesy MarketWatch and shows inflation levels over time. We have been in a dis-inflationary phase for over 20 years now and could soon enter a deflationary spiral as record levels of quantitative easing (QE) have failed to spark an upthrust in inflation:
Evergrande Founder Hui Fined For Falsifying $78 Billion In Revenues
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The founder of troubled property developer China Evergrande is fined by the
country’s securities regulators for financial fraud to inflate the group’s
reve...
8 minutes ago