Archive | November, 2012

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US Federal Reserve policies confront a closing door

The blog’s friends at the American Chemistry Council used a very relevant quotation recently from Alexander Graham Bell, who invented the telephone and numerous other modern wonders: “Sometimes we stare so long at a door that is closing that we seek too late the one that is open.” It is a theme taken up recently […]

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China’s infrastructure lending jumps $1.1tn before Congress

Its never easy interpreting China’s statistics. Partly this is due to the sheer impossibility of producing accurate numbers in an emerging economy. It is also made difficult by the fact that as the incoming premier Li Keqiang noted some years ago, its GDP statistics are “man-made and therefore unreliable”. This doesn’t mean, however, that China’s […]

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