Tavi Costa: Credit bubbles always burst

Tavi Costa - Twitter, Released on 10/7/22

This chart says it all.

Banking assets in China have grown 7 fold since the Global Financial Crisis.

That completely dwarfs the growth of other major economies.

China's banking assets are almost 3x of its GDP.Hong Kong is close to 9.3x today.

Credit bubbles always burst. pic.twitter.com/ZdxOp3vrbN

- Otavio (Tavi) Costa (@TaviCosta) October 7, 2022

Tavi Costa is a partner and portfolio manager at Crescat Capital and has been with the firm since 2013. He built Crescat's macro model that identifies the current stage of the US economic cycle through a combination of 16 factors. His research has been featured in financial publications such as Bloomberg, The Wall Street Journal, CCN, Financial Post, The Globe and Mail, Real Vision, Reuters. Tavi is a native of S??o Paulo, Brazil and is fluent in Portuguese, Spanish, and English. Before joining Crescat, he worked with the underwriting of financial products and in international business at Braservice, a large logistics company in Brazil. Tavi graduated cum laude from Lindenwood University in St. Louis with a B.A. degree in Business Administration with an emphasis in finance and a minor in Spanish. Tavi played NCAA Division 1 tennis for Liberty University.

Tavi Costa: Credit bubbles always burst added by Herman James on 10/08/2022View all posts by Herman James ?+'