Worth a Look – Liberals, Liars and China
Michael Shuman at Time states the obvious: China’s is growing faster than the U.S. not because its current political regime is so brilliant, but because the country is still rocketing out of Socialism.
Why it’s hell being a lib in America!
The liars behind “liars’ loans” turn on each other.
Great stat but misses the story: these are mostly folks who were speculating in houses as if they were stocks. When the margin call comes you let go of the stocks, not your credit card.
Tags: Andrew Redleaf, capitalism, china, Hedge Funds, Richard Vigilante
