Luca Bindi, LL.M.

It is a factor behind a profound shift in the global financial system: the disappearance of China’s current-account surplus.
Source: China’s current-account surplus has vanished - The Economist

Source: Just 4 Trading Days Until The Longest Bull Market Of All Time: What Happens Then - Zerohedge

Source: "Get Prepared" For The Chaos To Come, Snyder Fears Global Financial Bear Market Looms - ZeroHedge

Stylised facts on the Economy of Ecuador in 2018:

1. Real estate bubble
2. Rising levels of private debt
3. Low salaries with respect to private debt and real estate market values
4. Low interest rates with respect to the intrinsic political uncertainty and default risk of the debtors
5. Adoption of the US$ as the national currency, that veils the underlying pressures on the currency from the international flows of capital
6. Inflow of foreign capital that is attracted by the adoption of the US$ (thus no risk of devaluation of the currency)
7. Asset bubble
8. Financialization of the economy
9. Dependency from the oil industry for about 36% of the national exports
10. Deep interconnection with  the US (and its satellites) economy and financial system - if the US economy contracts, so does Ecuador.

Conclusion: in case of a global recession with a reduction of the oil price and contraction of demand from oil from abroad, as Ecuador has renounced to its monetary independence then the so…

"China’s economy is not just about providing jobs, goods and services. It is about regime survival for a Chinese Communist Party that faces an existential crisis if it fails to deliver. The overriding imperative of the Chinese leadership is to avoid societal unrest."  "Essentially, China is on the horns of a dilemma with no good way out. On the one hand, China has driven growth for the past eight years with excessive credit, wasted infrastructure investment and Ponzi schemes." Source:  Rickards Warns "Prepare For A Chinese Maxi-Devaluation" - Zerohedge

Source:  Full ECB Preview And Draghi Scenario Analysis - Zerohedge

Source:  Capitalism: Why Chile Is So Much Richer Than Venezuela - Zerohedge

Source: Prof. Steve Hanke Twitter

Source: Dolar Today Twitter

Source: Dolar Today

Source: JIM ROGERS - 26 May 2018 - The Next Economic Problem Will Be The Worst In Our Lifetime!

Source: JIM ROGERS - 21 May 2018 - There May Be No One To Sell To In The Next Crisis!

Under Maduro, it is heavily burdensome to start and run a business in Venezuela. Besides the fact of its doubtful profitability:
http://www.doingbusiness.org/data/exploreeconomies/venezuela#starting-a-business

Source: Venezuela's Annual Inflation Rate at 30.817% - Prof. Steve Hanke Twitter

The Return of Marco Polo’s World and the U.S. Military Response by ROBERT D. KAPLAN