China Remains a Formidable Adversary
By Paolo von Schirach — WASHINGTON — A few years ago, America’s China watchers decided that Beijing’s economic rise...
Tag: China real estate bubble
Thanks To The Central Banks, The Equity Bubble Is Getting Bigger Governments are not engaging in serious economic policy reforms. Central bankers keep pumping in more liquidity. What will happen next?
WASHINGTON – Imagine this. There are lots of chronically sick patients in the hospital. Many of them are deteriorating...
David Stockman: China’s Real Economic Figures Are Scary The West cannot insulate itself from a global deflation caused by the end of China's boom
WASHINGTON – Serious international economic and business media in the past used to quote official Chinese economic statistics indicating...
Chinese Communist Party Instructs Media To Stress “Superiority of China’s System” When confronted with bad news, all autocracies tell lies
WASHINGTON – The Financial Times reports that the Chinese Communist Party gave detailed directives to all Chinese media about...
China’s Economy “Worse Than You Think” Jim Chanos of Kynicos conlcuded long ago that China is a house of cards
WASHINGTON – A few years ago, Jim Chanos of Kynicos Associates made news because he had the temerity to...
How Bad Is The Chinese Economy? While there is little transparency, what we know creates a scary picture
WASHINGTON – There is no way to tell which way the Shanghai Stock Market is headed. However, it is...
China Dumping Excess Steel China has created enormous over capacity. It is now selling its products below cost to the rest of the world
WASHINGTON – In a “normal” capitalistic country, when supply expansion strategies in any given industry exceed market demand, the companies...
Mountains of Debt in Greece…And In China Debt financed growth is a terrible strategy. Greece is ruined, and China may get there soon
WASHINGTON – There is nothing promising in the outcome of the “European Tour” taken by Greek Prime Minister Alexis...
The End Of China’s Boom China could continue growing if it became an innovation society. But innovation requires freedom
WASHINGTON – The China story has changed, quite a bit. Yesterday it was about relentless growth. Today it is...
Fiscal Stimulus Does Not Work –Yet We Keep Applying It Stimulus funds are badly used. Capital is wasted, debt grows, and the economy does not benefit
WASHINGTON – “If economic troubles are approaching, put together a big stimulus package”. This is the universally accepted prevention/remedy therapy...