Swiss Economicblogs.org
Sweet Authoritative Nothings The People’s Daily. “Authoritative Person” may be hiding somewhere in the picture to the left. There is a mysterious figure making regular appearances in China’s government mouthpiece “People’s Daily”, which simply goes by the name “authoritative person” (AP). This unnamed entity always tends to show up with bad news for assorted speculators, by suggesting that various scenarios associated with monetary and/ or fiscal stimulus are actually not in China’s...
Read More »China’s Rolling Boom-Bust Cycle
