Category Archives: Economy

This Gives “Big Data” a Whole New Meaning…

big-bra-man-web

Finding patterns in data in retailing. You just can’t make this stuff up – see the article: How Alibaba is using bra sizes to predict online shopping habits – women that purchased larger bra sizes also tended to spend more overall:

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Filed under Economy, IT

China’s Trajectory: Looking at the Possible Futures for the Middle Kingdom

Forbiddencity

 

 

 

 

 

 

 

 

 

First up, Gordon Chang, who has been writing about this for years – is he right now?:

China’s Third Era: The End of Reform, Growth, and Stability

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Next, the other side of the argument: Francesco Sisci, the dean of Beijing’s foreign press corps, in three articles, the last of which appears as an appendix in the second link. Of particular interest to me is this last and oldest one (from 2007), reprinted from the Italian La Stampa (the translation and editing could use some work), regarding democracy in China…

Why China won’t fall apart

What China Sees in Hong Kong (includes as an appendix “China’s Inevitables: Death, Taxes—and Democracy”)

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All are good, interesting reads. You will not rue the time you spend to further educate yourself about China.

2013_smog beijing_China-1

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Filed under China, Developing Nations, Economy, History, Political Risk, Trade

Turkey – What is Going on?!?

stompingOver the top police violence, or what? Why would this be happening in (supposedly) the model nation for the region?

 

Brief summary here (English translation from Germany’s Der Spiegel).

Context: Stratfor’s analysis here.

Opinion piece about Erdoğan (the Turkish prime minister) here (from an American journalist living in Istanbul).

Outstanding, deep economic background here (Asia Times). Well worth the time to read.

Excellent continuing series of news dispatches here (London’s Telegraph newspaper).

Turkey-uprising2

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Filed under Developing Nations, Economy, Europe, Political Risk

The Economist Points Out the Euro Crisis, but Misdiagnoses and Cannot Understand Why

Europe bleeds out

“59.1% of those under 25 are unemployed in Greece, 55.9% in Spain, 38.4% in Italy, 38.3% in Portugal, 26.5% in France—3.6m youths in all…” OK, but because of interest rates?

atwotoobigtofail

Why? Progressive, “state-controlled economies really are… crony capitalist systems which pick winners and losers. They maintain the status quo at all costs — and reward those who have captured government over those who innovate.” – Richard Fernandez

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Filed under Economy, Europe

Spengler on the Global Failure of Keynesianism and Global Economic Stagnation…

You may not agree with him, but he is always fascinating…

spengler

Spengler demolishing Keynesianism

Spengler holding forth on stagnation

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Filed under Economy, Finance, Trade

Young Europeans Turning Their Backs on the European Union

This article accurately reflects what I’ve been hearing from my younger cousins and nieces/nephews in Europe…

“…the alienation and desperation of an entire generation of young people… The EU has plans for a $6 billion initiative to help young people find jobs. But compare that to the $700 billion spent so far on rescuing Europe’s banks. It’s hardly a surprise that Europe’s disaffected youth believe their leaders care more about bankers than they do about them.”

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Filed under Economy, Europe, Finance

“When doing business in China, trust no one.”

Interesting set of links from a law blog about doing business in China… This one reminded me of the best book on the subject, Mr. China

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Filed under China, Developing Nations, Economy, Finance, Political Risk