China surging
Credit jumping sixfold, yes, you read that correctly, sixfold. And what’s more, the authorities are not about to curtail that anytime soon. Although the Chinese export machine has come to […]
China is buying energy resources left, right, and center..
We already noted it earlier, but the sums are large, and the format is nice: cash strapped energy developers get cash for long-term supply contracts.
Some surprisingly good news..
A rebound in Chinese auto sales. Since this is now the second largest car market in the world, it matters.
Banks and free markets
You might not have noticed, but in general, we’re supporters of free markets. However, we blamed at least part of the crisis on a rigid free market ideology, leading to […]
China’s big economic stimulus package
Just as we wrote that ultimately, the limits of monetary policy in a deflationary environment can be overcome with the help of a great public spending boost (guaranteeing that the […]
China next?
Dr. Doom (aka Nouriel Roubini) is at it again. Can’t this guy shut up for once? The problem is, he is usually right. More than five years ago he predicted […]
How about this for a bubble..
And it’s about to burst as well. What foreign diplomacy and policy were impotent to achieve but good old US style bubble economics has no trouble in letting Putin sing […]
Two new fronts open up in the crisis
More wise words from the recent Nobel laureate.
Emerging market crisis threatens to engulf the EU
Just when you might think that in the US a glimmer of hope is emerging, there is another front that has opened up.. No wonder the euro is weakening so […]
Brazil an opportunity?
Here is a pitch from Money Morning. We’re not entirely sold, but there are some interesting titbits we’ll discuss at the end.