“Investing in China is a very dangerous game even with a PE of 10. The terminal value for foreigners’ investments in China is zero”.
In this video, Russell Napier brilliantly lays out why he believes we are at the brink of a new global regime change. He highlights the main ramifications of financial repressions in our modern economies and offers a few examples of what financial repression measures could look like.
See also 2 additional interviews below. They are priceless interviews. Must watch from beginning to end. Like Napier, we expect that the next global market disrupting factors will come from Asia.
In this third video, Napier explains why we should expect central banks to slowly lose their independence to the executive branch of the government.