Friday, June 05, 2009

60% of Chinese exports to the US are from foreign-owned corporations

I have been looking for this stat for a long time.
This is higher than I expected.

EconoSpeak: 60% of Chinese exports to the US are from foreign-owned corporations

Why Fed Actions are not all that Inflationary

Accrued Interest: SMACKDOWN WEEK: Now consumers are all but extinct

Rational Markets

"The markets resemble the Star Wars bar scene more than they do the economics faculty lounge at Princeton."

Reminder from Theodore Roosevelt

“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly; who errs and comes short again and again; because there is not effort without error and shortcomings; but who does actually strive to do the deed; who knows the great enthusiasm, the great devotion, who spends himself in a worthy cause, who at the best knows in the end the triumph of high achievement and who at the worst, if he fails, at least he fails while daring greatly. So that his place shall never be with those cold and timid souls who know neither victory nor defeat.”

"Citizenship in a Republic,"
Speech at the Sorbonne, Paris, April 23, 1910


The history of the crash in one Picture

anatomy-of-a-crash.png (PNG Image, 1029x792 pixels) - Scaled (82%)