Meraglim Blog

GROWTH IN EUROPE, CHINA AND THE U.S. IS SLOWING. NOW JAPAN JOINS THE CLUB

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

The global growth slowdown now looks contagious.

China has been slowing for the past several years. The Chinese government has tried monetary ease, currency manipulation and bank lending mandates to prop up growth, but it’s not working. Chinese corporate defaults are on the rise. The situation in Europe is no better with Italy, France and Germany all coming close to recession and with continued declines in the forecast.

The U.S. has been doing better than Europe, but the trends are not encouraging. U.S. growth slowed to 2.2% in the fourth quarter of 2018 and is set to slow to 1.7% in the first quarter of 2019. With Europe, China and the U.S. all in slowdown mode, what else could go wrong?

The answer is Japan. Many signs are emerging that Japanese growth is slowing and a recession may be on the horizon. This article describes how the latest Bank of Japan business confidence survey hit a two-year low. Other surveys are showing additional signs of slowing or negative growth.

Japan is planning a major sales tax increase this year that may give the economy a temporary lift (as consumers rush to beat the tax increase), but will end up slowing the economy once the tax is in place and the accelerated demand comes to a grinding halt.

In short, all of the Big Four global economies — the U.S., China, Japan and Europe — are slowing and monetary policy seems helpless to stop the decline. Get ready for synchronized global declines in growth and perhaps a global recession in the year ahead.

Institutional investors can schedule a proof of concept with the world’s first predictive data analytics firm combining human and artificial intelligence with complexity science. Check out Jim Rickard’s company at Meraglim Holdings to learn more.

IF THE SCIENCE IS NOT ON YOUR SIDE, JUST TRY THREATS

It’s clear that good science does not support the extreme claims of the climate alarmists. Yes, there is such a thing as climate change, but it’s slow, difficult to predict and almost impossible to model because of the complexity of the process. The climate alarmists have grabbed most of the headlines for the past ten

Read More »

WHY TRUMP WILL WIN REELECTION: NOT POLLS OR PUNDITS; JUST COMMON SENSE

Political analysts use polls, betting odds, historic trends and other inputs to make their (usually wrong) political predictions. We all remember that “experts” said Hillary Clinton would win the presidency in 2016 (they gave her a 92% chance on the morning of the election), and that the UK would vote to “remain” in the EU

Read More »

HERE’S ANOTHER ELITE WITH ANOTHER PLAN TO TAX AWAY YOUR WEALTH

The elites never rest when it comes to devising new ways to take your money through taxes, inflation or outright confiscation. The latest Trojan horse the elites are riding to take your money is climate change. The climate does change over long periods of time for reasons that are not well understood except that they

Read More »

KRUGMAN SHOWS HE KNOWS LITTLE ABOUT ECONOMICS AND LESS ABOUT FINANCE

We already knew that Nobel Prize winner Paul Krugman knows almost nothing about economics. Now, we see from this article that he knows nothing about banking either. Krugman claims that the repeal of Glass-Steagall and the actions of banks in general were not the cause of the 2008 financial crisis. The conventional wisdom is that Lehman Brothers,

Read More »
Scroll to Top