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:
NFL’s Roger Goodell Backs Extending Season To 18 Games—And Putting Super
Bowl On Holiday Weekend
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Rumors of a reinvigorated push for an 18-game schedule swirled in March,
and on Friday the NFL commissioner expressed his support for making the
change in ...
14 minutes ago