#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.

 
15
Kudos
 
15
Kudos

Now read this

The stupidest thing I have read in some time

TechCrunch today posted an editorial - blog post, let’s not get fancy - throwing its support behind CISPA. I’m utterly not kidding. Here you go: There are two governments vying to be the best at spying on U.S. citizens: the American... Continue →