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CHINA; IT’S THE BIGGEST PONZI SCHEME EVER CREATED
One of the aspects I enjoy most about the Internet is to be able to read international newspapers, the ones of some repute and not those tacky tabloids controlled by that wrinkled up little prune, Rupert Murdoch! London’s Daily Telegraph in my opinion is amongst the finest of newspapers. One article which recently grabbed my [...]
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A WEEK OF OBSERVING CHINA AND OTHER EMERGING ECONOMIES
Posted by julian on June 19, 2009 in Economy
I still cringe when I hear Wall Street, American politicians, journalists and economists telling us if it weren’t for those wonderful people who run China and buy our treasuries, we’d be bankrupt! Having a look at why many companies are moving into Chapter 11 reorganization and how quickly they emerge with a clean balance sheet [...]
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