First decline in 60 years set to have long-term consequences for domestic and global economies
Source: China’s population falls in historic shift | Financial Times
Northern Comment Editor – The implications of this for China are enormous but the impact on the rest of the world may be way beyond significant. The implications were explored by Goodhart and Pradham in their fascinating book The Great Democratic Reversal previously reviewed in Northern Comment.
The issue of violent crime is an important one for the mid terms. According to Pew Research 61% of all registered voters see violent crime as very important about how they will cast their votes. For Republican voters this increases to 73%. Interestingly, however, the figures on violent crime do not seem to warrant such concern high levels of concern given the trend seems to be downward.
Exclusion of moderates from China’s leadership spurs record stock outflows
Source: No ‘adults in the room’: Xi Jinping catches global investors off guard | Financial Times
Northern Comment Editor – What does Liz Truss and Xi Jinping have in common?
Josephine Cumbo YESTERDAY
Hundreds of UK companies could face demands for larger cash injections from their retirement schemes after cracks formed in pension funds’ hedging strategies during last month’s crisis in the country’s debt markets.
Source: UK companies face bigger cash calls from pension funds after LDI crunch | Financial Times
Northern Comment Editor – So this is what is happening to pension funds. The LDI hedging strategy, which seems to have worked for a couple of decades is starting to look insufficient. If it does lead to more cash calls on companies to fund liability gaps that means less money for investment. Undermining “growth, growth, GROWTH”.
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