The best thing you can do for your children is to teach them Chinese. And make sure their money is not in dollars. The U.S. is now the largest debtor ever…
July 28th, 2008 | Bill Bonner | 2 comments | ContinuedAll Posts Tagged With: "chinese"
Chinese Consumers Are Getting Shiny New Credit Cards
If you think that lack of financing is the only thing holding China back from consuming, consuming, consuming like we Westerners do, then prepare for a shock, as from atimes.com we get the report that “China’s Shoppers Stock Up On Cards” by Catherine Jiang. She writes, “Chinese consumers, until now recognized as among the world’s most determined savers, are adding credit cards to their wallets in record numbers…
July 22nd, 2008 | Mogambo Guru | 0 comments | Continued
Looking Out the Car Window
Elizabeth was looking out the car window as we drove through rural Poitou, a region Southwest of Paris on the road, more or less, to Bordeaux.
February 26th, 2008 | Bill Bonner | 2 comments | Continued
China Added More to Global Economic Growth in 2007 than the United States
“China added more to global economic growth in 2007 than the United States. That’s the first time a country other than the U.S. pulled the bulk of the global economic sled since at least the ’30s.”
February 14th, 2008 | Bill Bonner | 1 comment | Continued
U.S. Stock Prices are Down about 9% so far this Year
Still, the most important thing is to stay out of the crossfire. In any given month, the battle could go either way. Any day now, we could have a buoyant rally in stocks…and a breathtaking correction…
February 12th, 2008 | Bill Bonner | 5 comments | Continued