The $23 trillion credit bubble in China
The $23 trillion credit bubble in China is starting to collapse – global financial crisis next? (20 Jan) – Did you know that financial institutions all over the world are warning that we could see a “mega default” on a very prominent high-yield investment product in China on January 31st? We are being told...
US Fed may have saved Singapore
A worker assembles a God of Fortune statue Sunday as part of Chinese New Year decorations along the skyline of Singapore. (14 Jan) - SINGAPORE (MarketWatch) – The Fed may have saved Singapore. Or at least postponed the apocalypse. It’s been no secret Singapore property prices have climbed dramatically recently, jumping...
Pay workers a living wage to curb immigration
Home affairs select committee chairman Keith Vaz (left) greets arrivals at Luton airport, including Victor Spiresau (right), as they arrive on New Year's Day. (Photo: Jennifer Cockerell/PA) (2 Jan) – Cheapskate employers are importing what too often looks like serf-labour instead of hiring ethically at home. Hello,...
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