John Ward – Preserving Wealth – Falling Demand For Manufactured Goods + Credit Aridity + Falling Employment Hours = Plummeting Property Prices + Rising Sovereign Debt + Rising Gold Value. – 21 February 2013

Ignore the bollocks: watch the signals

The near-certain reassertion of fundamentals is driven by myriad factors. Some of these were covered in a recent Slog Saturday Essay about interest rates, when during the second half of the piece I pointed out that only if everyone is in the same tent will the élite stand firm. China clearly isn’t in the tent: before long Beijing may start pissing into it….and before not much longer, others may join in. But there are eclectic drivers of equally unstoppable importance.

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