Category: Speculation
31 May, 2013 (09:00) | Apartments, China, Demographics, Families, Global news, Housing, Markets, marriage, Speculation, Urbanization | No comments
By:David A. Smith [Continued from yesterday's Part 1] Yesterday’s post on matchmaking in China, using an absorbing article in the New York Times (March 10, 2013) (channeling China Daily three years earlier), brought us two demographic realities: China’s wealth has been booming, leading to a widening Gini coefficient (haves and have-nots) and China has [...]
30 May, 2013 (09:49) | Apartments, China, Demographics, Families, Global news, Housing, Markets, marriage, Speculation, Urbanization | No comments
By:David A. Smith So bound up are we by our place of habitation (you are what you live in) that we use abode as a proxy for family status (household!), for social status (“they bought a McMansion“), for family configuration (“we’re moving in together”), and for health status (“we’re moving Mom to a nursing [...]
28 May, 2013 (16:58) | Euro, Foreclosure, Global news, Homeownership, Markets, Mortgages, Spain, Speculation | No comments
By:David A. Smith Spain is caught in a deflationary spiral, and as far as I can tell it is only getting worse. From positive money, 2010 When a delinquent entity whose solvency is in question is not a bank or company but a nation, the techniques that work for addressing a bankor [...]
9 May, 2013 (11:51) | Angela Merkel, Economics, Eurozone, Germany, Global news, Politics, Speculation | No comments
By:David A. Smith We can’t all be bankrupt … can we? Ten little Eurozone boys went out to dine One choked his little self and then there were nine. These days it cannot be any fun to be Angela Merkel – nothing is going right and she has no Plan B, no exit [...]
18 April, 2013 (09:00) | Banks, Cyprus, democracy, Eurozone, fraud, Global news, Recapitalization, Speculation |
[Continued from yesterday's Part 1.] By:David A. Smith Yesterday’s post on the sudden illumination of the rottenness of Cyprus revealed that not only is the recapitalization already 31% over budget in a week (€23 billion new estimate divided by original €17.5 billion), requiring another €5.5 billion with the EU’s demigods have decided must [...]