As the rhetoric for War in the South China Sea is ramped up almost 25 years after Bond villain Elliot Carver tried to do it to sell more newspapers, the good news is that, when looked at properly, China’s apparent aggression against Taiwan is more about countering what it sees as western provocations.

The job vacancies created by the ‘unexpected early retirements’ of two Fed Presidents seen as Hawkish on Monetary Policy may well be seen as an important catalyst for US fixed income and currency traders, but history may instead see these changes as an important catalyst in a populist resurgence and a pushback against Crony Capitalism and the behaviour of the 1%

The widespread consensus in the Western Media is that EverGrande is going to crash the Chinese Economy and that the Australia/US/UK defense pact is ‘good news’.

While many investors and company analysts may think themselves puzzled by the current behaviour of politicians, they really shouldn’t be, for in many senses it is exactly the same behavior regularly demonstrated by the senior management in large corporations.

“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” --- MARK TWAIN