PONDERING MODERN-DAY RUNS / CREDIT BUBBLE BULLETIN

Pondering Modern-Day Runs Doug Nolan “In 1939, a brief proposal auspiciously titled ‘A Program for Monetary Reform’ was circulated among eco...

SHOULD CHINA SPEND MORE ON INFRASTRUCTURE? / THE ECONOMIST

Should China spend more on infrastructure? Such stimulus would be less wasteful than a recession Rarely can so much have been used by so few...

WAR AND PEACE AFTER CHINA´S GREAT TRANSFORMATION / PROJECT SYNDICATE

War and Peace After China’s Great Transformation In recent years, China’s “great transformation” into the world’s largest economy (based on ...

CHINA´S DILEMMA OVER A CURIOUS BREED OF FINANCIAL FIRM / THE ECONOMIST

China’s dilemma over a curious breed of financial firm Local government financing vehicles, once the motor of growth, are under scrutiny Chi...