Thursday, September 27, 2012

Vulnerability of Economies Exposed to China

Most significantly – likely Australia…. the following are IMF estimates of impact within 12 months of a fall of 1% in Chinese fixed investment. Precision less important then the leverage into those exposed.


Tuesday, September 25, 2012

What is a “safe” sovereign bond ????

There are some more than interesting shifts in risk here…. from Euromoney’s country risk survey.



Saturday, September 22, 2012

Perennial problem for entrepreneurs

Mike Su, on building

"To build something exceptional, you must make exceptions. To build something scaleable, you cannot make exceptions"


Friday, September 21, 2012

As I say not as I do….. guess who

Photo of the Day

Sep 20, 2012 at 3:21 pm… from:

A vending machine in the front lobby of the Brooklyn Public Library, one of two dispensing the 20-ounce sugary drinks Mayor Bloomberg wants to ban.

Since Mayor Bloomberg is so determined to prevent privately owned New York businesses from selling sugary drinks in sizes larger than 16 ounces, you would think he might take action to prevent the actual New York City government agencies he controls from doing the same. Yet in the lobby of the central Brooklyn Public Library today, I encountered not one but two Snapple vending machines offering for sale non-diet beverages in 20-ounce bottles. All too often this is how government regulation works — the government tries to impose rules on the private sector, complete with penalties for failing to comply. But the government itself doesn't follow the rules it tries to make the private sector obey.


Tuesday, September 11, 2012

Where the west is headed…..

For those who believe the “fall of the west rise of the rest” hypothesis is incorrect…..



Tuesday, September 4, 2012