Global Liquidity Watch Report 

Publisher: Profit Research Center Ltd., Tokyo 
50 pages 

Signals from the global credit creation analysis by Richard Werner for professional/qualified investors, not investment advice. 

This economic research report presents the basic positive, neutral or negative signals derived from an analysis of bank credit creation and central bank quantitative policy in more than 40 countries.

These are indicative signals and do not constitute investment advice. For investment advice, please contact Providence Asset Management Ltd., 3 The Square, Winchester SO23 9ES or by writing to richard.werner@linacre.ox.ac.uk

These legendary Global Liquidity Watch economic research reports are offered in real time to institutional investors for an annual subscription of USD 40,000, but are made available sporadically with a time delay by Quantum Publishers Ltd. to professional investors and qualified investors who seek to add information input from Professor Richard Werner’s credit creation analysis for their own analysis and as one decision-making input. Based on this macroeconomic analysis, Richard Werner was able to predict major events, such as the collapse of the Japanese economy in the 1990s, the massive fall of the yen against the US dollar, the European property bubbles in Ireland, Spain, Portugal and subsequent banking crises and recessions, the continued weakness of the yen, as well as the German property bubble, starting in 2009 and ending in October 2022, now turning slowly into a major banking crisis.

The economic research report only presents the key results of this particular type of economic analysis, as well as the graphs and recent data on important measures of credit creation. There are three to five pages of brief commentary. The analysis is often limited by data availability issues. Timing may be imprecise and other factors may dominate the outcomes from time to time.

The economic research report is intended for sophisticated and/or professional investors and is not likely to be suitable for small-scale private investors.