Hong Kong

Good video with Steve Keen, the Australian economics professor with Max Keiser. Steve not only talks about the Australian economy and that country's housing bubble but also about the bursting of housing bubbles in Canada, the UK and Hong…

We’ve posted many times on this blog about how the Hang Seng Index is one of our indicators species for global risk appetite. The index usually leads global markets on the downside and turns up before most.

In China, the persistence of inflation pressure has brought “shadow banking” into a topic of hot debate recently. According to a study issued by the People's Bank of China in 2010, non-banking sector lending has expanded to 63.3 trillion…

A few weeks ago, the Economist put out its quarterly gauge of house price values. Australia just beat out Hong Kong as the most overpriced market in the developed world, with an overvaluation of 56%. Japan was by far the most undervalued…