Australia’s economy is so linked to China…all of this may as well be happening in Sydney.
| Dear Reader, In China, construction workers are walking off half-finished sites with enough floor-space to cover three-quarters of Manhattan. Their second-largest property developer could be heading into oblivion. Fire sales are hammering a real estate market that was already on a knife-edge. And all of this is having a flow-on effect in a supply chain that accounts for three-quarters of China’s economic output. The plumbing of China’s entire financial system is starting to leak. Australia’s economy is so linked to China…all of this may as well be happening in Sydney. So, what are the ripple-effects going to be on your investments in 2022 and beyond? It’s crucial you understand what’s coming now. And adjust your portfolio accordingly. I’ve made an attempt to help you do that here. Regards, Greg Canavan, Head of Research, Fat Tail Investment Research |
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