Month: August 2012

Counterpoint to fear of a China slowdown

Stephen Roach, former Chairman of Morgan Stanley Asia, wrote a piece asserting that China is OK and will not suffer a hard landing. He cites three reasons: The slowdown in China’s GDP growth (in absolute magnitude) was much more pronounced…

Vietnam property market under pressure

Last week, the New York Times reported on the excess supply in the Vietnamese property market. Frightening points from the article include: “The country’s central bank says borrowers have stopped paying back 1 out of every 10 loans in the banking…

Tracing the origin of languange

I’m fascinated by language.  Today’s New York Times discusses an article published in Science on the evolutionary starting point of language and the scientific methods employed to resolve the debate. The postulated precursor-language (“proto-Indo-European”) is the foundation from which Romance languages,…

China datapoints are cause for concern

China’s PMI per the HSBC/Markit survey was 47.8, the eighth consecutive month of contraction (and the lowest reading in 9 months). Additionally, today’s New York Times contained an article suggesting lack of customer demand with resulting build-up of inventories.  According…