China allows first corporate bond default
http://www.cnbc.com/id/101474300
Good. Refreshing! Let the market choose winners and losers.
Sunday, March 9, 2014
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Welcome! I started this blog primarily for friends and people around me. This blog is just an avenue for me to put my thoughts in writing, and I make no effort to promote it. My investment approach is based on the understanding of History, Politics & Austrian Economics, and how these areas interact with each other. Disclaimer: I make no guarantees of my predictions. Please do your homework thoroughly before making any investment decision.
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2014
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March
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- Singapore Coin Fair 2014
- Fed removes goal post
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- Purchasing power of british pounds.
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- Russia and China rush into North Korea
- The Fed needs an Austrian economist in their team
- China allows default
- Savers fight back!
- US 'growth' not the same as before
- Mistake wasn't deflation. It was bailing people out.
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March
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