About this episode

In this episode, Anthony Fatseas interviews Michael Howell about the current state of the economy and liquidity, discussing various financial topics including inflation and market corrections.

Mercantilist Reformation - https://anthonyfatseas.substack.com/p/the-mercantilist-restoration-how?r=1ni7opInterview recorded - 22nd of June, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming back Michael Howell. Michael Howell is the founder of CrossBorder Capital, a former Salomon Brothers research director, and the author of Capital Wars. During our conversation we spoke about Michael's overview of the economy and liquidity, Kevin Warsh's hawkishness, debt rollover, inflation linked to supply chain, Chinese issues and more. I hope you enjoy!0:00 - Introduction1:14 - Overview of economy and liquidity?6:14 - Kevin Warsh hawkishness8:43 - Debt rollover18:58 - Inflation linked to supply chains20:41 - Balance Sheet Recession22:51 - Chinas economic problems28:02 - Chinese bonds30:08 - Other economies37:23 - Dollar & Gold41:46 - One message to takeaway?Michael Howell is CEO of CrossBorder Capital, a London-based FCA registered, independent research and investment company that he founded in 1996. Previously he was Head of Research for Baring Securities and Research Director of Salomon Brothers Inc, the US investment bank. The liquidity methodology he…

People in this episode

Host: Anthony Fatseas

Guest: Michael Howell

Topics covered

• economy
• liquidity
• debt rollover
• inflation
• supply chain
• Chinese economy
• market corrections

Keywords

• liquidity
• market corrections
• debt rollover
• inflation
• Chinese economy
• CrossBorder Capital
• Kevin Warsh

Mentioned in this episode

Organizations: CrossBorder Capital, Salomon Brothers

Books & works: Capital Wars

Places: China

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