This is an incredibly insightful analysis of the Chinese economic “miracle” by Jim Chanos, the renowned hedge fund manager. It’s a long one, so you might have to watch it in several sittings. The level of meaningless construction spending and investment Mr. Chanos describes is mind-boggling and scary. At 28:50, he talks about there being 2.6 billion square [...]
Archive for the ‘Foreign Affairs’ Category
Jim Chanos on China: Is Chinese Economic Growth Really Just a Massive Fraud?
Posted in Current Events, Economy, Foreign Affairs, Politics, tagged China, Chinese Economy, Economic Growth, Inflation, Jim Chanos on December 9, 2010 | 24 Comments »
The Official Site Supporting Nancy Pelosi for Democratic Minority Leader!
Posted in Current Events, Domestic Affairs, Economy, Foreign Affairs, Health Care Reform, Politics, tagged Minority Leader, Nancy Pelosi, Nancy Pelosi for Minority Leader, Nancy Pelosi Minority Leader, Official Website of Nancy Pelosi, Pelosi to stay on as minority leader on November 6, 2010 | 4 Comments »
ATLANTA – Hurray for Nancy Pelosi, that great liberal lioness! Gifted herald of government largesse and bureaucratic dogoodism. We salute you! I want to throw my name in the hat as someone who strongly, and I mean strongly, favors your candidacy for Democratic Minority Leader! I think it is excellent that you are so blindly narcissistic that [...]
Checkin’ in on Chavez: The State of the Venezuelan Economy in 2010
Posted in Current Events, Economy, Foreign Affairs, Politics, tagged 2010, Hugo Chavez, Inflation, Latin America, Venezuala, Venezuelan Economy on September 2, 2010 | 3 Comments »
You’ve declared an economic war against me, so I accept your challenge, stateless bourgeoisie. I’m declaring an economic war with the help of the people and workers. War is war, my friend. Don’t complain to me later.” —Hugo Chavez to Lorenzo Mendoza, President of Empresas Polar SA (a food distributor), June 2010. ATLANTA— I decided [...]
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