Eureka Correspondence

Chinese shadow banking, SMSF alternatives, and major bank blues.

Should we be concerned about the apparent increasing concern by international economists about the level of “shadow banking” in China and the credit fuelled investment boom? Investor George Soros this week labelled it “a debt disaster that’s unfolding in plain sight”. Alan has in the past raised concerns about this issue. If it is of concern, what strategies might we employ to mitigate any future Chinese fallout?

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