applied know how
Since the Federal reserve and just about every Western country tried to reflate us out of the 2008 depression, there have been many people crying INFLATION.
Inflation creates a specifically strong reaction amongst many (older) people who’s parents or grandparents were ravaged by inflation during the middle of the 20th century or who bore the brunt of inflation in the 1970s. … Read more
Reuters comments that China’s credit woes are bubbling up into the news again. I have included these reviews for those of you who are part of Chinese businesses (previously here and here).
The World Bank’s top economist, Kaushik Basu, is worried about China’s reliance on credit to fuel growth. He said last week that eventually credit will catch up with it: “We’ve seen that in the U.S.… Read more
One of the company’s I’ve invested in has relocated machinery production to China, recently, from Europe.
I suggested they look at Thailand, or Malaysia as a potential base, but China won out. I think their decision may not be so insightful as they thought.
Chinese GDP growth hit its lowest level since 1999 last year. Part of the slowdown is being driven by Beijing’s efforts to re-balance the economy away from exports and investment-led growth to domestic demand driven growth.… Read more