Archive for the 'Depression' Category

Surviving a Chinese Downturn

Watching that 9% drop in the Chinese stock market and the turbulent day here in the US makes me wonder what we’re all in for.
Foreign investment in the Chinese stock market is extremely limited and its capital exposure relative to the world’s resources is still pretty minor.  So why all the fuss?
It’s the little engine [...]

March 1st, 2007 | Posted in China, China, Corporate Life, Depression, Economics, Politics, USA, World, World Events | No Comments

Deficit drops, Tax revenues rise, Democrats reel

The New York Times reports that an unexpectedly steep rise in tax revenues from corporations and the wealthy is driving down the projected budget deficit this year.
White House officials are expected to announce that the tax receipts will be about $250 billion above last year’s levels and that the deficit will be about $100 billion [...]

July 9th, 2006 | Posted in Bush, China, China, Depression, Economics, Housing, Politics, USA, World, World Events | No Comments