Gillem Tulloch – Think Piece

Featuring Gillem Tulloch

In the Think Piece series some of the most lateral and brilliant thinkers in modern finance tell us what is on their mind at the moment. Consider it an informal walk around the inside of their heads. This week Gillem Tulloch, Founder of GMT Research, tells us what’s on his radar.

Published on
15 January, 2015
Topic
China
Duration
13 minutes
Asset class
Equities
Rating
18

Comments

  • SC

    Shaun C.

    27 8 2015 17:46

    4       0

    Spot on.

  • BC

    Bruce C.

    22 8 2015 03:49

    1       0

    Good sound, could understand fine!

  • TY

    Tyler Y.

    21 8 2015 12:37

    2       0

    Great last line to the interview. Very cogent thought process and excellent anchor points to his argument with net new credit relative to GDP. Scary times are upon many

  • DM

    Daniel M.

    18 8 2015 02:48

    1       0

    Nice piece

  • GT

    Graham T.

    17 8 2015 12:12

    0       0

    I guess the "tipping point" was the bursting of the stock market bubble and the "managed" lower currency is a consequence.

  • KB

    Keith B.

    16 8 2015 23:55

    0       0

    If his timing is " now" considering technology effects on oil production...this is all massively deflationary.

  • KB

    Keith B.

    16 8 2015 23:54

    0       0

    This seems so much more prescient now.
    Question is: the state has limitless resources and how long can the balloon be held in the air before it falls from its own weight....sound like Herb Stein.

  • KD

    Kevin D.

    4 6 2015 18:12

    3       0

    Great stuff. Gillem is way ahead of the curve on China, and producing eye opening hard analysis and numbers

  • TR

    Thomas R.

    27 1 2015 14:45

    1       0

    China created capacity, infrastructure and dragged millions from poverty. We claim it is broken. There will be restructuring, but at the end of it they will still have what they built. Jokes on us!

  • AA

    Ali A.

    22 1 2015 12:28

    2       4

    Nothing new or original here - the standard China bear case - over production, over leveraged, etc

  • RO

    Robert O.

    18 1 2015 07:46

    0       0

    How does China get around Herbert Stein's Law “If something cannot go on forever, it will stop.”? It won't but maybe they can learn from Japan and become a zombie or 20+ years.

  • LM

    Leland M.

    17 1 2015 20:20

    6       0

    For the first time with a RealVision video I found myself laughing at the end and I'm afraid its not a haha laugh but an oh shit laugh.

  • MM

    Myles M.

    16 1 2015 08:26

    2       0

    Great interview. I'm interested in the Japan/China QE currency war and how that plays out: there's no love lost between them and now Japan has declared military ambitions for the first time since WWII

  • sp

    shashwat p.

    16 1 2015 03:11

    0       0

    Delightful Interview. Though I agree 100% but the key point is that the "bust" will not occur till all asset prices are grotesquely distorted by mammoth credit expansion. Just like japan......

  • CB

    C B.

    15 1 2015 17:03

    13       0

    This analysis is spot on. More from Mr Tulloch please!

  • PH

    Philip H.

    15 1 2015 16:33

    13       0

    "Sobering" is an understatement. The question is what is the tipping point???