My apologies, but once again I have been too busy traveling to post as often as I would like. Cialis best price: i am currently in Malaga, in southern Spain, in my family’s home, where incidentally I can see first-hand the consequences of the global economic crisis. After enjoying for nearly a decade the spectacular [...]
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Tags: Barcelona
Posted in Asian development model, Consumption and production, Savings glut • 99 Comments »
Last week I spent in Brazil, where I was honored to meet someone I admire very much, former Brazilian President FH Cardoso, along with a large group of Brazilian investors, politicians, and academics, including several old friends. At some point I will write about some of the things I learned there, but I am still [...]
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Tags: Cardoso, HKMA
Posted in Fiscal stimulus, Trade protection • 57 Comments »
Today’s Financial Times and last week’s Economic Observer had articles that display the kinds of confusion that economic crises can create among policymakers. The Financial Times article was actually an opinion piece written by Wang Qishan – a Vice premier in the State Council and presumably one of the top three or four economic policy [...]
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Tags: Chen Deming, Wang Qishan
Posted in Fiscal stimulus, Trade protection • 56 Comments »
Things have been so busy this past week with various writing commitments and with the celebration of the third anniversary of my music club (four amazing shows with some of Beijing’s greatest artists and a lot of support and coverage from local music scene participants an the press) that I have been neglecting my blog; [...]
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Tags: Lewis Carroll, PG Wodehouse, SMEs
Posted in Asian development model, Banks, Fiscal stimulus, Money growth, NPLs • 38 Comments »