What if the crisis in Ukraine becomes a ‘humanitarian rescue’ by the Russian military and energy prices hit the roof? Oil above $150-a-barrel would crash the teetering Chinese real estate bubble as it did in July 2008 for US subprime loans, and bring Wall Street tumbling down. An implosion of the Chinese economy is probably the biggest threat to the global economy out there today. The outflow of Chinese money in recent years has helped the world recover from the global financial crisis, albeit this has also been the smart money leaving a sinking ship. Bubble trouble The Black Swan: … Continue reading Hatching a Black Swan?