China

In the following post I list a number of risk factors which I believe investors should give serious consideration, but I do not for one second pretend for that list to be exhaustive. Neither should you read anything into the order of which…

Part 1.  Will Europe face defaults? Its official – Spain and Portugal will need to be bailed out soon.  How do I know? In one of my favorite TV shows, Yes Minister, the all-knowing civil servant Sir Humphrey explains to cabinet…

By Vedran Vuk With consumer prices in China up 4.4% this October over last year, the country has taken another move to avert inflation: price controls. There’s just one problem. Thirty years ago this would have been a viable policy…

by Michael Hudson Here’s the quandary that the U.S. economy is in: The Fed’s quantitative easing policy– creating more liquidity so that banks can lend more – aims at helping the economy “borrow its way out of debt.” But banks are not…

by Michael Pettis Last week I suggested that slowly the consensus is shifting towards a recognition that Chinese growth may slow sharply in the next few years.  When I discuss this prospect with analysts and investors, however, they…

Rumours are that a hike is coming tomorrow already. Fan Cheuk Wan, who is head of research at Credit Suisse Private Bank's Asia/Pacific region, says she wouldn't be surprised to see as much as 100 basis points in the near-term. But she…

Fortune recently did a story on Jim Chanos called "Chanos vs. China" which warrants reading.  Below is the associated video in which you can hear Chanos making the bearish case for China. Chanos is the most unapologetic and…

I caught this at the bottom of Andy Lees' morning note: China – To limit inflation China will impose price controls on food according to the NDRC, and will severely punish anyone found speculating on corn or cotton. “The policies that…

This is a post I wrote at New Deal 2.0 on the potential for a disastrous trade war. There has been a considerable amount of discussion about current account imbalances in light of last weekend’s failed G20 summit. For the most part, the…

Another economic parody