Daily Archives: Thursday, June 1, 2017

A credit rating agency spinning its usual nonsense

There is a lot of talk among the economics journalists about the impending collapse of China, apparently drowning in mountains of unsustainable debt. Don’t hold your breath. The Chinese government fully understands its capacity as the monopoly issuer of its … Read the rest of this entry »

Posted in Central banking, Economics, Fiscal Statements | 13 Comments