• Fri
  • Sep 19, 2014
  • Updated: 10:53am

Economic Bubble

Asset inflation policies threaten to create another economic bubble

Five years after Lehman Brothers went bust, the global economy remains in stagnation. But you wouldn't notice it if you are in the stock market. The US market is hitting all-time highs. The Japanese market has risen by half in five months.

Tuesday, 21 May, 2013, 4:15am 12 comments

Danger signals as China's state sector leverage reaches new heights

If there is one lesson everyone learned from the 2008 crisis, it is that a rapid rise in leverage can signal the risk of an approaching financial crash.

9 May 2013 - 4:39am 2 comments

The Shanghai rubber bubble of 1910 holds a lesson for today

When you are reputed to be London's most highly paid hedge fund manager, you can afford to indulge in a few whims. David Harding's whims are a tad unusual, however.

12 Apr 2013 - 5:43am

Economist warns of dangerous asset bubble on mainland

Economist Wu Jinglian, one of the mainland's best-known advocates of market reform, warned yesterday that excess domestic money supply was creating an increasingly unsustainable asset bubble.

16 Dec 2012 - 4:41am

HKMA curbs home loans to prevent property bubble after US stimulus

The HKMA on Friday ordered banks to curb home loans to borrowers with more than one mortgage to prevent the city being flooded with hot money after the US unveiled a bold new stimulus plan.

14 Sep 2012 - 8:36pm 1 comment

Win tickets to see the Amazing Bubble Man

When Lunchbox Theatrical Productions' chief executive James Cundall saw Louis Pearl's Amazing Bubble Show at the Edinburgh Fringe Festival last year, he was mesmerised by the things he could do with something as simple as washing-up liquid.

29 Aug 2012 - 3:49am

If Greenspan could get things so wrong, then what about us?

For the last couple of years Monitor has argued doggedly that there is no bubble in Hong Kong's property market.

24 Jul 2012 - 12:00am

Risk of a housing bubble? It's already with us

'On my radar screen another risk has emerged. That's the risk we encountered back in 2009: the renewed risk of a housing price bubble. The city's low mortgage rates are hugely negative. Lots of people have come to the conclusion that they buy bricks and mortar, tangible assets, and could preserve their purchasing power.'

27 Mar 2012 - 12:00am

Fundamentals, not bubble, driving HK's property prices

It's almost two years now since the International Monetary Fund warned that a bubble was about to develop in the Hong Kong property market.

'Strong capital inflows and the resultant large liquidity overhang in the financial system could potentially lead to rapid credit growth, fuelling asset markets and creating macroeconomic volatility,' the fund warned back in 2009.

2 Sep 2011 - 12:00am

Fears of a mainland housing bubble are wildly inflated

One of the main reasons so many people say the mainland's economy is heading for a hard landing is that they believe the country's housing market is an enormous bubble that's on the point of bursting.

You can understand why they think that. Even according to the most conservative estimates mainland home prices have doubled in the last 10 years or so.

15 Jul 2011 - 12:00am