Whats's Hot
 | The End of Cheap China: Economic and Cultural Trends that will Disrupt the World Book (Wiley) List Price: $24.95 Price: $12.98 You Save: $11.97 (48%) |
|  | Sustaining China's Economic Growth After the Global Financial Crisis eBooks (Peterson Institute for International Economics)
|
|  | Charlie Rose - China's Economy / The Tillman Story (August 16, 2010) TV Series Episode Video on Demand () Price: $1.99
|
|  | 50 - 5/8" Economy Contoured Side Release Plastic Buckles Art and Craft Supply () Price: $9.95
- Made for 5/8" webbing
- .81" Broad at the widest point
- 1.77" Wish
|
|  | Pampers Cruisers Diapers Economy Pack Plus Size 4, 160 Count (Packaging May Vary) Health and Beauty (Pampers) List Price: $51.44 Price: $47.19 You Save: $4.25 (8%)- Pampers Cruisers diapers are offered in sizes 3, 4, 5, 6, and 7
- 3-Way Fit gives babies our superlative fit ever so they have the freedom to play their way
- New Sesame Road graphics feature your favorite characters on every diaper
|
|  | Mahalo U-30GN Painted Economy Soprano Ukulele (Green) Musical Instruments (Saga Musical Instruments) List Price: $34.95 Price: $21.99 You Save: $12.96 (37%)- Maple fingerboard and unite stained ebony black
- Includes color-identical gigbag for storage and transport
- Affordable, pleasant soprano-style ukulele
|
|  | Autel MaxiTrip TP100 4-In-1 Auto Computer Automotive Parts and Accessories (Autel) List Price: $119.99 Price: $58.99 You Save: $61.00 (51%)- Inspect tool functionality including reading and clearing trouble codes on OBD-II/EOBD compliant vehicles, pin frame data and the ability to turn off check engine light (MIL)
- Set off computer real-time information monitoring including average trip MPG, tank MPG, average go like greased lightning, average speed per tank of gas, miles to empty, and miles driven on tank
- Semi-stable dashboard mountable design featuring four functions: trip computer, digital gauges, scan appliance and vehicle black box
|
|  | Cintz 30 ft adjustable soccer Speed and Agility ladder with flat rungs and ladder organizer in a bag, (Ladder splits into two ladders of 15 ft each) Sports (Cintz LLC) Price: $37.99
- Can be split into two ladders of 15 ft each
- Comes with a ladder organizer for easy storage
- Comes in a convey bag
|
|
China, the Miracle Economy
Man's trust!
Yes, it's the 'miracle economy.' China, that is. Many analysts think it has 'decoupled' from the rest of the world economy. While the rest of the world sinks into the 'worst slump since the '30s,' it is said to be growing at 8% per year.
Go figure.
Well...when we go figure we figure there's something fishy about it. In fact, we get a fix on it's a fraud.
In America, the bear market bounce took a little jig downwards yesterday. Stocks - steady by the Dow - fell 96 points. Oil fell below $70. The dollar and gold remained almost unchanged.
But China's revved up so hot she seems no doubt to throw a rod. We've been telling our Dear Readers to stand clear.
At least, that's the case with the Chinese stock market. It's a suds. And it's getting ready to pop.
As for the economy...we figure it's a fraud...
Chinese officials have a funny way of counting. When products are shipped from the plant, for example, they are counted as 'sales' even though no one may actually buy them.
There are some other ways of keeping score that tend to tilt the game in China's favor - at least, on notepaper. When you add up all the scores - it shows China a big winner. But by the end of the day, it isn't at all clear that China's economy is growing at such a breakneck speed. In fact, it isn't lambently that China is really growing at all - not in a genuine and helpful way.
And here...perhaps we should pause. We are about to tell you that China is a scam. It's not really becoming more well off. But before we do, we have to explain what prosperity really is.
Do you remember the Bubble Years? Of course you do. They just ended scarcely 24 months ago. Well, during those years we were told that we were getting richer. Two forms of evidence were presented - one statistical...the other observational. The numbers told us that GDP was growing. Since economists consider GDP growth is the same as prosperity...they thought Americans were getting richer. ...
Read more...
spanish antiquescheap sterling silver jewelry and Sterling Silver Clip Earrings
|