While the West lectured on governance, Beijing bought the developing world at interest rates no one could refuse.
This was my APRI article. Thanks.
I don’t think many understand its implications to multicurrency/ multipolarity.
The yield spread is now back at c. 300bppa and looking to widen.
Hegemonic handovers have challenger bond yields falling and incumbent’s rising.
This was my APRI article. Thanks.
I don’t think many understand its implications to multicurrency/ multipolarity.
The yield spread is now back at c. 300bppa and looking to widen.
Hegemonic handovers have challenger bond yields falling and incumbent’s rising.