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Chinese Stock Market

The China Dance: It Ain't No One Step

Jared Bernstein | Posted 08.02.2013 | Business
Jared Bernstein

Neither China, nor any other country, has "unlimited financial resources." Finite resources are, in fact, the core principle of economics. When you tee up the problem that way, you risk missing the actual problem, which is a combination of state power and the savings imbalances noted above. As the authors note, it has long been the policy of China to suppress household consumption, virtually insuring both excess national savings (Pettis stresses that Chinese household savings are not unusually high) and wide-spread poverty (though they should have noted that there are at least internal noises in China pushing the other way -- we'll have to see what they amount to). Those national savings must flow somewhere, and flow they do, to countries across the globe that consume more than they produce.

Jim Cramer Is Seeing Red

Dan Solin | Posted 01.15.2013 | Business
Dan Solin

Picking the country where stocks are likely to outperform is akin to gambling. Did Cramer pick Turkey in late 2011 as the top performing country in 2012? Why do you believe his predictive powers are more accurate this year?

Ex-Goldman Sachs Banker Confident He Can Beat Chinese Stock Market

Reuters | Posted 06.15.2012 | Business

By Samuel Shen and Kazunori Takada SHANGHAI, April 16 (Reuters) - Ex-Wall Street bankers are betting science can explo...