Thursday September 18, 2014


This time it really WAS a snake encountered at the Greek Hovel
Video Postcard #80, snakes, frigana and falling in love with Kambos issue
Picture article: The summer draws to a close, grapes give way to prickly pears at the Greek Hovel

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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China Crash 2012 – Socks, Walnuts and capital misallocation

Share this article with your comrades in revolutionary capitalism

- 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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