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Book Review: China’s Superbank: Debt, Oil and Influence – How CDB is Rewriting the Rules of Finance

Most of the prevailing wisdom about China declares that its economic success is due to a combination of government policy and foreign direct investment. This book, China’s Superbank:Debt Oil and Influence – How China Development Bank is Rewriting the Rules of Finance, goes quite a bit further in lifting the fog behind China’s success first domestically, and now, internationally.

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China Manufacturers’ Survey Shows Shift To Developing Markets

China manufacturers optimistic about developing markets

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Internet Crackdowns As An Economic Performance Indicator

Freedom of speech on the Internet is taken for granted in good times, but when times get touch and there is high unemployment, it becomes a different story. Then, government crackdowns become a good indicator of what is really happening in the economy.

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The Elephant In The Room

One of the big problems with the present economic crisis is that we really do not know how big the problem is. We know that our problems have been caused by the creation, then over-leveraging of debt. But we don’t know how much debt was created, then sliced into derivatives multiple times which were then [...]

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