A great article has just come across Zero Hedge ( a website I highly recommend). It deserves wider recognition so here it is. In summary it displays the following facts:
1. The two decade China story is over.
2. The disaster that is now the commodity supplying nations, especially emerging economies that borrowed heavily
3. The diminishing returns generated from debt fuelled economic expansion
4. The limits of government deficit spending
5. The discrediting of QE in the USA
6. The global financial crisis tools for fixing the global economy (debt) is no longer available to fix this crisis.
Enjoy the read