#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.

 
13
Kudos
 
13
Kudos

Now read this

Microsoft, Facebook Home, MG, and that meaning of it all

///It’s Friday, so expect a typo or two. Email corrections to imkidding@goaway.com. Yesterday at Facebook the technology media showed up in full force, counting in the hundreds by my estimation, to gawk at whatever Mark and his merry... Continue →