teodesian.net http://teodesian.net//posts/02abb04f-13f7-11ec-bdd7-e0a8b2bd72e7?format=xml teodesian.net : /posts/02abb04f-13f7-11ec-bdd7-e0a8b2bd72e7 en 2026-05-14T14:36:04 2026-05-14T14:36:04 teodesian.net /favicon.ico http://teodesian.net 32 32 teodesian.net favicon Big trouble in China http://teodesian.net/posts/02abb04f-13f7-11ec-bdd7-e0a8b2bd72e7
Major currency movement and capital flows tell us that people are starting to panic.

It’s happening in Greece. And it’s happening in China.

Mr. Tao informed the audience that the capital flight from China in December alone amounted to $20 billion, and that was just from official channels. The true amount could be four times greater.

This is significant for a number of reasons:

a) It’s happening.

Tens of billions of dollars are fleeing China, which is arguably the largest economy in the world. This does not bode well at all for the global economy.

b) They’re admitting it.
]]> nobody http://teodesian.net/posts/02abb04f-13f7-11ec-bdd7-e0a8b2bd72e7 2015-02-19T07:53:23 Big trouble in China http://teodesian.net/posts/1424332403
Major currency movement and capital flows tell us that people are starting to panic.

It’s happening in Greece. And it’s happening in China.

Mr. Tao informed the audience that the capital flight from China in December alone amounted to $20 billion, and that was just from official channels. The true amount could be four times greater.

This is significant for a number of reasons:

a) It’s happening.

Tens of billions of dollars are fleeing China, which is arguably the largest economy in the world. This does not bode well at all for the global economy.

b) They’re admitting it.
]]> nobody http://teodesian.net/posts/1424332403 2015-02-19T07:53:23