Tag Archives: Steel

As We Were Saying…

…yesterday on politics driving the tariff  “proclamation.” It is All Politics Note, today’s announcement on tariffs was a proclamation, not even a legal document.   Only words, and we know, for certainty, with this president, words can mean whatever he wants … Continue reading

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China’s Bad Debt Problem

Reuters out today with a must read piece on China’s deteriorating commercial bank loans to the country’s steel sector, which now has a total debt burden of $400 billion, about the size of South Africa’s economy. Could this be one … Continue reading

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