Tag Archives: china
The Ghost of Mao Zedong
“Let a hundred flowers bloom.” – Mao Zedong Someone screamed “fire” in a crowded theatre in Shanghai about a month ago. For whatever reason the audience was on edge. Perhaps they were watching a suspense thriller, or maybe a horror … Continue reading
Bear Witness to the Madness
Second-rate economic data is first-rate news for Wall Street these days. We don’t quite comprehend the logic. But the popular reasoning goes something like this… Good economic data is bad for stocks. For it means the Fed will begin increasing … Continue reading
The Fastest Way to Escape a Debt Trap
Borrowing money and spending it can be fun. Certainly more fun than saving and paying down debt. Not only that, borrowing money’s much easier too. Saving takes prudence, discipline, and hard work. Running up the credit card takes none of … Continue reading
China’s Spectacular Reckoning
Change is constant. You can count on it. Earlier this week, for instance, it was revealed that China’s economy is growing at just 7 percent annually. The Middle Kingdom’s GDP hasn’t been this slow since 2009…during the midst of the … Continue reading
