ECONOMICS

Sign Up to Get 1ETH

Read more about the article China’s Next Step: “Helicopter Money” Or “Keynes Is Dead” | ZeroHedge

China’s Next Step: “Helicopter Money” Or “Keynes Is Dead” | ZeroHedge

Depending on whom you ask, China’s economy is either imploding or swallowing the world. The Chinese are masterminds of espionage or bloated central planners creating empty skyscrapers. So which is it?

Last night, to get to the root of the dispute, we gathered two men who have been studying and living in China for decades:

Below were the key moments, moderated by the greatMichael Green.

Who needs whom more?

China makes all our stuff. In theory, the U.S. could be flung into (more…)

Continue ReadingChina’s Next Step: “Helicopter Money” Or “Keynes Is Dead” | ZeroHedge

New York Business Leaders Say Economic Outlook Worse Since Lehman | ZeroHedge

The drastically decoupled trend of hard data improvement and soft data dissolution continued this morning with US Manufacturing improving while NY Fed Business Leaders' survey collapsing.

Source: Bloomberg

Business activity in the region’s service sector declined significantly for a second consecutive month in April, according to firms responding to the Federal Reserve Bank of New York’s April Business Leaders Survey. 

The survey’s headline business activity (more…)

Continue ReadingNew York Business Leaders Say Economic Outlook Worse Since Lehman | ZeroHedge