"Optimism raises equities and rising equities create wealth, thereby induces consumer confidence, so rising confidence increases consumer spending, when increased spending spurs more productions and thereby creates more employments, and vice versa."
Wednesday, October 28, 2009
China Car Market to Grow 10% in 2010: GM's Reilly
China's industry-wide car sales in 2010 are expected to grow to over 13 million vehicles from an expected 12.5 million this year, GM International Operations President Nick Reilly told reporters late on Wednesday.
Monday, October 26, 2009
Saturday, October 24, 2009
Monday, October 19, 2009
Sunday, October 18, 2009
Worst Case Debt Scenario
Wednesday, October 14, 2009
Friday, October 9, 2009
Thursday, September 10, 2009
Wednesday, September 9, 2009
14 Bubbles
List of bubbles:
1. Tulip Mania
2. South Sea /Mississippi Company Bubbles
3. Railway Mania
4. Florida Speculative Building Mania
5. Roaring 1920s/1929
6. Poseidon Bubble
7. Gold
8. Japanese Asset Bubble
9. Dot Com/Tech/Telecoms
10. Global Real Estate/Credit Bubble
11. China/Shanghai Index Stock Bubble
12. Commodity Bubble
13. Oil Bubble
14. Leverage/Derivative/Financial Bubble
Tuesday, September 8, 2009
Friday, September 4, 2009
Thursday, September 3, 2009
Wednesday, September 2, 2009
Tuesday, September 1, 2009
Monday, August 31, 2009
Thursday, August 27, 2009
Tuesday, August 25, 2009
Monday, August 24, 2009
Saturday, August 22, 2009
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