Category: Capital markets

“Great job! You’re fired!”: Part 2, You’re fired!

1 December, 2016 (09:00) | Capital markets, China, Finance, Global news, Government, Lou Jiwei, organizational behavior, Politics, Speculation | No comments

By: David A. Smith    [Continued from yesterday’s Part 1.]   As we saw in yesterday’s Part 1, using as source material a Wall Street Journal (November 7, 2016) story coupled with a personal experience from thirty-plus years ago (sepia font), Lou Jiwei had been hand-picked as China’s Finance Minister by none other than Xi […]

“Great job! You’re fired!”: Part 1, Great job!

30 November, 2016 (09:00) | Capital markets, China, Finance, Global news, Government, Lou Jiwei, organizational behavior, Politics, Speculation | No comments

By: David A. Smith   In life there are technocrats and there are politicians, and in political situations the former usually work for the latter – and are fired by the latter where their usefulness is over.  As reported in the Wall Street Journal (November 7, 2016):   BEIJING—China removed its high-profile, reformist finance minister […]

Always look on the bright side … or else (dee doo): Part 3, Afloat when they should sink

27 May, 2016 (09:39) | Argentina, Capital markets, China, Economics, Exchange rates, Global news, Government, Housing, Speculation, Statistics |

 [Continued from yesterday’s Part 2 and the preceding Part 1.]   By: David A. Smith   As established in Parts 1 and 2 of this post comparing an unlikely pairing, Argentina and China, using as source material the Wall Street Journal (May 3, 2016) and Significance, December, 2012; Albiceleste font), we’ve seen that Argentina’s charismatic […]

Always look on the bright side … or else (dee doo): Part 2, anything but journalism these days

26 May, 2016 (10:00) | Argentina, Capital markets, China, Economics, Exchange rates, Global news, Government, Housing, Speculation, Statistics |

[Continued from yesterday’s Part 1.]   By: David A. Smith   If life seems jolly rotten There’s something you’ve forgotten And that’s to laugh and smile and dance and sing. Yesterday’s post conjoined the odd couple of Xi Jinping, president of China, and Graciela Bavacqua, at the time Argentina’s chief statistician, around the subject of […]

Always look on the bright side … or else (dee doo): Part 1, Gloomy views and positive energy

25 May, 2016 (09:30) | Argentina, Capital markets, China, Economics, Exchange rates, Global news, Government, Housing, Speculation, Statistics |

 By: David A. Smith   Some things in life are bad They can really make you mad Other things just make you swear and curse. Some things in life are really bad   Some decades ago, back when hand-held calculators were the rage of high-tech, a team of psychologists interested in people’s deference to presumed […]