Oh shit!

I really - really - hope I get another job before this happens.

China: the coming costs of a superbubble

China may seem to have defied the recession and the laws of economics. It hasn't. When China's bubble bursts, the global impact will be severe, spiking US interest rates.

The world looks at China with envy. China’s economy grew 8.7 ( Read more... )

Folks,

As they say in the trades: "And you know, that's gotta hurt!"

The Great Fall of China

The most important story to come out of Washington recently had nothing to do with the endless presidential campaign. And although the media largely ignored it, the story changes the world.

The story's unlikely source was the staid World Bank, which ( Read more... )