CapitalistMarks

China going bust?

Posted on 31. Aug, 2009 by scott.

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First of all, the headline today might seem weird for a country with a growing economy (maybe as much as 10% this year) and a stock market that has been up nearly 100% since the first of the year.
But let me give you some of the info behind the headline.
Interestingly, I heard an interview with [...]

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The dog days of summer. 2nd qtr GDP -1.0%.

Posted on 31. Jul, 2009 by scott.

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Third qtr GDP should be positive and by the fourth qtr the recession will be declared dead.

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It’s the jobs, dummy! Unemployment is the only Macro thing that matters now!

Posted on 08. Jul, 2009 by scott.

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Give and man a fish and he eats for a day, give a man a handout and he spends it on something meaningless and short-term. Teach a man to fish, or make him work for something and . . . and . . . you’ve just created a JOB!