Wednesday, November 23, 2011

Black Swan Capital: Lessons in the Alphabet

What comes after B?
Self-reinforcing downside of G-3 feedback loop being driven by the Double-Ds of Deflation - deleveraging and falling demand.

BEIJING, Nov 23 (Reuters) - China's factory sector shrank the most in 32 months in November on signs of domestic economic weakness, a preliminary PMI survey showed, reviving worries that China may be slipping towards a hard landing and fuelling fears of a global recession.

Looking at the chart I've included, what comes after B?  
If you said C, I think you are correct!
  Currency Currents 23 November 2011

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