Friday August 28, 2015
Greek Hovel wildlife diversity report…now it is the poisonous spiders
Tara the cat medical update – the bills are going the roof, but some progress
Weekly Postcard #121 - The Women's FA Cup Final and what it says about the loathsome BBC

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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