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Warning signs of the next financial crisis?

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Café 8

Central Pier 8

香港島

Hong Kong

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Let’s recall those heady days of 2006 when home prices were rising 10, 15, even 20 percent a year, allowing millions of homeowners to refinance mortgages and collectively take out more than $300 billion in cash from the increased value of their properties.

This time, however, it’s not households using cheap debt to take cash out of their overvalued homes. Rather, it is giant corporations using cheap debt — and a one-time tax windfall — to take cash from their balance sheets and send it to shareholders in the form of increased dividends and, in particular, stock buybacks. Are we on the edge of the next financial crisis?

Join upcoming meeting of The Economist Club to discuss the topic: “Warning signs of the next financial crisis?: corporate debt and the buyback economy of 2018", which will be held on July 21st at 16:30 in Cafe 8 (Central Pier 8, rooftop). The event host is Jessica.

Required reading:



Sign up: click "Going’ on Facebook event page

Fee: it's free to attend, yet we would buy a drink as a courtesy to the venue.

Meeting Format:
First we meet and introduce ourselves. After sharing our initial thoughts on the topic, we begin a free-flowing discussion and then split into sub-groups of 3-5 people for more detailed discussions. Questions, new paths for discussions, personal experience, and opinions are highly encouraged. We conclude the event with everyone sharing their takeaways on the subject.

Disclaimer:
The Economist Club is a community of The Economist magazine readers, enthusiasts and curious people. The Economist Club is not affiliated with The Economist Group or any of its subsidiary. Events are organized by the group of passionate volunteers.

See you there and thanks for being with The Economist Club.
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Date and Time

Location

Café 8

Central Pier 8

香港島

Hong Kong

View Map

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