The big exporters – China and Germany, who Martin Wolf calls “Chermany” – ran big trade surpluses. The big spenders – notably Greece and the US, who we will call Gremerica – ran large trade deficits.
March 29th, 2010 | Bill Bonner | 2 comments | ContinuedAll Posts Tagged With: "central planning"
China and its Trade
In the early 19th century, traders from Britain and America bought porcelain (china), silk and tea. Trouble was, they could find nothing to sell in exchange.
November 23rd, 2009 | Bill Bonner | 1 comment | Continued
Will Gold Make Higher Highs From Here?
What’s more, the emergence of the gold exchange traded funds (ETFs) has put a huge portion of the gold market in a very small number of hands. If the ETFs sell…who will they sell to? Or more succinctly, a lot of the gold demand is coming from a few institutions. If other institutions (central banks and sovereign wealth funds) don’t pick up the slack, there will be more sellers than buyers and prices will fall.
October 7th, 2009 | Dan Denning | 3 comments | Continued
Smart People to Blame for Central Planning
‘The Singularity’ is an idea from Ray Kurzweil. The gist of it is that computers will soon be smarter than humans; by the middle of this century they’ll be smart enough to figure out how to get smarter and smarter, faster and faster.
September 7th, 2009 | Bill Bonner | 22 comments | Continued
Chinese Economy Seems to be Growing
One of the risks we think is especially understated for China is the risk of central planning. Investors tend to favor China – over, say, India – because they think the Chinese government – even in the hands of communists – is capable of guiding the economy to prosperity.
May 11th, 2009 | Bill Bonner | 1 comment | Continued
