Category: Government

“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 […]

Boojum: Yes, that’ll really help

18 October, 2016 (09:00) | Boston, Boston Redevelopment Authority, Cities, Government, Housing, Redevelopment, Urban renewal | No comments

  By: David A. Smith   When Marty Walsh was elected mayor of Boston over 1,000 days ago, he called the BRA a mess; said he would conduct a search for a new executive director; commissioned audits and reports; received a scathing, irrefutably documented McKinsey operational review of a deeply dysfunctional agency; said he intended […]

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 […]