If you want to understand the state of the economic and financial world right now, this is the best chart to have...
This is what it helps explain: slowing global growth (The emerging market investment boom is kaput.); the weakening Chinese economy and currency (Cash is pouring out the middle kingdom.); the relatively strong dollar and the weakness of US exports; the movement of real estate in Vancouver, Sydney and London; the Chinese corporate foreign acquisition spree; the sharp collapse of iron prices; the surging prices of gold; and, on and on and on.
Numbers released from Institute for International Finance Friday show net capital outflows from emerging markets hit roughly $755 billion in 2015, including the group’s best guess for so called “unrecorded outflows.”