China is highly unlikely to suffer a currency crisis like what happen to Indonesia and South Korea during the 1997-8 asian financial crisis due to their massive US treasury holding. But i am concern about their unemployment rate, its potential for social unrest and subsequent implications is very scary.
With the universe so epic, romantic and poetic, I cant see my self spending my reading time with fictions.
After feeling that they got screwed by the fat cats on Wall Street, I dont think Main Street is ready to let the conspicuously wealthy Trumps occupy the White House. This video just made it even less likely.
Vodpod videos no longer available.
Conversation With History is back with few months backlog of videos of interview with characteristically eminent scholars and people of insight uploaded to a refurbished site. Listened to Adam Segal’s interview yesterday, it was a great overview of the US-China-India political economy landscape, from an American perspective. Should check it out. Its layperson friendly. [Youtube=http://www.youtube.com/watch?v=vSAoOMgNLpQ]
It appears that the first sign came in the form of a magnitude 7.2 earthquake off the coast of Japan, just before 12pm, 9th of March. Continue reading