I read some articles about it and I am not surprised – OECD forecasts: China’s economy overtake the US in 2030

| January 7, 2013

It turns out that the main danger to economies of Europe and Japan, which are expected to sink, is the phenomenon known as aging population which will result in a real crisis in the labor market. Forecasts are talking about  70% of Japan (ie, for every 100 Japanese, 70 did not work), 65% in Korea […]

I had the pleasure to hear Dr Joseph Stiglitz at AFF HK jan 2012 , i wish to share some things he said

| March 24, 2012

I had the pleasure to hear Dr Joseph Stiglitz at AFF conference HK jan 2012 , i wish to share some things he said   He is very pessimistic about the prospects of the US. The US needs to invest and restructure its economy, but policy measures aimed at reducing the fiscal deficit are only making […]