Developing Affordable Housing Ecosystems World Wide
[Continued from yesterday's Part 1.] By: David A. Smith Rearranging the Chinese puzzle pieces in light of the new information presented in a solid Telegraph story by Ambrose Evans-Pritchard, reported in yesterday’s Part 1, that China’s expansionist monetary policy was designed to keep its economy growing even in the face of a global [...]
By: David A. Smith Making sense of the Chinese housing economy from a distance is like a tangram – even though every now and then one grasps another puzzle piece, they can be reconfigured endlessly, each time with a different meaning – and that presumes we have hold of all the pieces. And [...]
By: David A. Smith As J. R. R. Tolkien once wrote, so it begins. As reported in Bloomberg News, there is a stirring behind the Misty Mountains: Treasury Draws Negative Yield for First Time During TIPS Sale Negative return – investors are paying to give their money to Treasury for a short [...]
By: David A. Smith “Ben! What are you doing about the economy? “ “Mr. President, I’m doing what I told you I would.” – not overheard on a non-wiretapped line “You can’t accuse me of inconsistency.” You have to forgive Politico for seeing only the politics of the most recent not-rainy-enough pronunciamento [...]
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