Time to celebrate, and welcome debt
30 Apr 2012 [0 Comments | 4 views]
For all the woe of recent years, there is one good reason to hope. Be under no doubt, in the world of technology some pretty radical stuff is going on. We have already seen some major breakthroughs of late. During this summer’s Olympics, much attention will be focused on Oscar Pistorius, one of the world’s [...]
The dangers of unrest in China
30 Apr 2012 [0 Comments | 3 views]
China’s leaders are worried, very worried. The very thought of social unrest leading to some kind of new cultural revolution scares them, and so it should. It should scare us too. The last thing we want to see in China is some form of Arab Spring. The consequences could be dire. For that matter we [...]
China’s bubble
30 Apr 2012 [0 Comments | 3 views]
It boils down to house prices, skyscrapers, and large infrastructure projects that seem pretty pointless. According to Shanghai Securities News, the price of newly built residential property in Shanghai, measured per square metre, fell 20.7 per cent year on year in the first quarter. According to China’s National Bureau of Statistics, the price of new [...]
China, another Lehman moment and the new industrial revolution
30 Apr 2012 [0 Comments | 3 views]
Speculation is growing. The arch bears, the ones that were predicting doom years before the world was rocked by the collapse of Lehman Brothers, are having another picnic. And if you want to go down to the woods today, you’d better go in disguise, for every bear that ever there was will gather there for [...]
Is Western dominance near its end?
1 Mar 2011 [0 Comments | 100 views]
A new TV series, The West and the Rest, narrated by Niall Ferguson and based on his book of the same name, will be getting its airing soon. But Ferguson’s book is not alone. The last couple of months have also seen the release of ‘Why the West rules for now’ and ‘Why the West [...]
China prepares to save the world, or at least the West’s grocers
1 Mar 2011 [0 Comments | 56 views]
The ‘great bubble of China’ theory is gaining momentum. More are signing up to the view that China’s economy is set to crash, or at the very least go the way of Japan 20 years ago. Here are some reasons why we don’t think this will happen, and here is one example of a British [...]
Now China is slated for Spanish rescue
14 Jan 2011 [0 Comments | 299 views]
The answer is: China is a currency manipulator. What’s the question? Sometimes it seems the conclusions that people like to draw are the same, regardless of what the intelligence says. And so it is, or at least this is what we reckon, that China gets hammered whatever it does. You may have heard this one [...]
The world in 2050: India will be close to overtaking the US, and the UK will be a long way down the premier economic league
10 Jan 2011 [0 Comments | 577 views]
The UK is set to grow by an average of 2.3 per cent a year for the next 40 years, whereas China will grow by an average of 5.9 per cent, and India by 8.1 per cent. And by the half-way point of this century, not only will China be the world’s largest economy, India [...]
Ford leads the way into China
7 Jan 2011 [0 Comments | 197 views]
As you know, China doesn’t buy Western goods. For that matter, Western companies wishing to set up in China have to deal with a sea of red tape making it nigh on impossible for them. It’s all a part of China’s refusal to play fair. And yet, if that is so, explain why it is [...]
Cost of food set to escalate, but is this crisis what it seems?
6 Jan 2011 [0 Comments | 338 views]
According to data out from the UN, global food prices hit a new all-time high in December. The Guardian and the Independent were full of woe on the news, warning that prices are now higher than their levels in 2008 when we saw rioting across the world. The Guardian quoted Abdolreza Abbassian, an economist at [...]
