Saturday October 25, 2014
The deaths of my mother and aunt
Video Postcard #85 – happy Birthday Nadine, welcome to Britain & immigration issue
Video Postcard #84 – The lies from the BBC and our leaders over ISIS edition

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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China Crash 2012 – Socks, Walnuts and capital misallocation

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- Tom Winnifrith

I have for months argued here that the experts have got it wrong. City analysts tell you that by slashing interest rates and by investing $99 billion in new infrastructure projects China can avoid a hard landing and its economy can “land softly” before growing again rapidly next year. The experts have already been shown to be wrong and a massive crash is already underway. As I have noted before your China exposure should be precisely nil.

I shall explain where socks

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