The Only Chinese Hard Landing Will Be On America’s Head
A lot has been made of the so-called Chinese property bubble. And after 2008, when America’s subprime bubble was the straw that broke the camel’s back, who can blame those who see China as low-hanging...
View ArticleChina Hysteria
I’ve already gone over the problems with both the rabid Sinophile “China will bail out the world” view, and its rabid Sinophobe “hard landing will crush China” equivalent. Both views are broadly wrong...
View ArticleSkyscraper Index Indicates Next Global Crash in 2013
Most of us are at least passingly familiar with the theory: the completion of a new tallest skyscraper presages a market crash. Over-exuberant construction reflects over-exuberant markets, and...
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