For a few decades now, the Communist Party in China has had an implicit social and political contract with the Chinese populous for decades, which goes something like:
“We will deliver economic growth and improvements in your material living sta…
Tag Archive for Man In The Street
Economics, Liquidity Trader Complete
Fed Officials Confused, Contradictory- We Are Doomed
by Lee Adler • • 0 Comments
John Hilsenrath at the Wall Street Journal does a nice job of reviewing and summarizing the dueling speeches of 3 Fed officials today. Not only are they in disagreement about what the Fed should do next, they don’t even seem to be able to agree on what exactly the economy is doing. What else is…
