#HardLanding  

As I’ve been saying: Hard landing. Today’s WSJ editorial on the unravelling of the Chinese stunning.

Guess what? If you spend far too much in inefficient ways, force growth and fuel it with artificial credit, and then cover up bad loans it doesn’t end well. Ghost cities are merely the outgrowth or rotten policy.

 
11
Kudos
 
11
Kudos

Now read this

The Price of Free Speech

From The Next Web’s Anna Heim: Paris High Court today ordered Twitter to reveal data that will help identify authors of racist and anti-Semitic tweets, French news agencies AFP and Reuters report. The court also gave the company 15 days... Continue →