Posts Tagged Economy
File not found. Europe Is Edging Towards Recession, Debt Crisis More Unsolvable
European Commission has cut Europe economic growth forecast for 2012 from 1.8% to a mere 0.5%. That’s going to make the debt crisis more tricky.
You are Either A Moron Or An Idiot If…
Anyone who believes that he/she is 100% certain that Chinese policymakers can do no wrong is either a moron or an idiot.
China Exports Growth Slowed In October
China’s export growth slows further from 17.1% to 15.9% in October amid on-going European debt crisis which drags down EU economy.
Why You Should Be Worried About Italy
LCH.Clearnet raises initial margin on Italy’s debt, and why you should be concerened about Italy as their bond yields surge.
China Inflation Eased Further To 5.5% In October
Inflation in China fell to 5.5% in October as food prices fell. That makes the case for some selective easing, but not aggressive one at this stage.
An Economist At A Government Think-Tank Thinks Yuan Should Be Devalued
Fan Jianping of State Information Centre thinks that Chinese Yuan should be weakened as money may be flowing out of the country.
Why China’s Sovereign Wealth Fund Is Not Interested In EFSF
CIC is not showing interest in bailing out Eurozone as they don’t think they can get fair return because (peripheral) Europeans are lazy.
Economy, United States. 7 November, 2011, 22:00
ECRI’s Lakshman Achuthan Is Still Forecasting A Recession
ECRI’s Lakshman Achuthan is not changing his recession call despite economic data coming in better than expected.
Greece Is So Yesterday, It’s Now About Italy As Bond Yields Surge
Italy’s 10-year bond yield is rising ever close to the 7% mark which is widely viewed as sustainable.
China’s Inflation In October Is Set To Fall
The food component of CPI is set to fall significantly, which will probably drag the headline inflation down quite significantly.
Greek Prime Minister George Papandreou Resigns
Greek Prime Minister George Papandreou is stepping down. Lucas Papademos, former ECB VP, could be the new PM.
Politics & Society. 6 November, 2011, 23:16
Richard Wilkinson On How Inequality Screws Societies Up
“Income means something very important within our societies, and nothing between them,” said Richard Wilkinson.
Is George Soros Thinking About Shorting Hong Kong?
As Team Soros meet real estate guys in Hong Kong, some speculate that perhaps George Soros is thinking about shorting Hong Kong.
Greece’s Referendum To Go Ahead, And The Government Is About To Collapse
George Papandreou decides to go ahead with the referendum anyway while his government is probably about to collapse.
European Debt Crisis: This Is How You Should Think About It
This is why the European “solution” has not been working, and will not work to really solve the debt crisis, once and for all.
Nomura: One-In-Three Chance Of China Hard Landing
Nomura thinks that there si one-in-three chance that China’s economy faces hard landing by 2014, highlighting 6 reasons why this is a real possibility.
After Mania Comes Depression: Italian Yields Blow Out
Italy’s government bond yields are higher, and the Italian-German yield spread is reaching new Euro-era record high.
China: October PMI Declines, Input Price Index Dips Below 50
China’s manufacturing PMI declined in October. New exports order once again dipped below 50. However, input pirce index indicates fading price pressure.
Greece To Hold Referendum On EU Rescue Package
Greek government will have a vote of confidence on Friday, and will hold a referendum on the EU bailout plan.
China’s Underground Lending Saga: Henan Edition
Underground lending operations are running into troubles in Henan. Some customers have apparently kidnapped the boss of one of such companies.