Quote of the day

“I find economics increasingly satisfactory, and I think I am rather good at it.”– John Maynard Keynes

Saturday 22 November 2014

AEP in the Telegraph comes up with the goods on China:

For a picture of the changes taking place in China - that could have a profound effect on the global economy - read this article. Try and get the undercurrents it has - oil prices rising as a result of loosening of monetary policy, but one analyst is quite sceptical about the markets' response; read right to the end to make sure you get it in perspective - none of the alarmist nonsense I throw at you in class sometimes (to keep you on your toes) without the sensible down-to-earth analysis at the very end:

http://www.telegraph.co.uk/finance/economics/11246733/China-blinks-as-economic-downturn-deepens.html

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