Monthly Archive for August 2011

Markets have been crazy this month, but rather than try to wade through all the news, much of which doesn’t seem to have much informational content, I thought I would duck out altogether and instead make a list of things I expect will happen over the next several years. We are so caught up in [...]

Foreign capital, go home!

Is the PBoC going to stop buying USG bonds?  Once again we are hearing very worried noises from various sectors about the possibility of a reduction in Chinese purchases of USG bonds.  Here is what an article the South China Morning Post said: China will press ahead with diversification of its US$3.2 trillion in foreign exchange [...]