Mpettis.com

Posted on February 7, 2015 by Yves Smith at Nakedcapitalism.com Yves here. Get a cup of coffee. This is a fabulous, readable but nevertheless carefully argued and therefore long post on the drivers of the Eurzone crisis and what the parameters for a...

By John Mauldin People of privilege will always risk their complete destruction rather than surrender any material part of their advantage. Intellectual myopia, often called stupidity, is no doubt a reason. But the privileged also feel that their privileges...

By Michael Pettis Doug, Pancoast, an American entrepreneur living in Shanghai, asked to interview me for his blog, and I agreed to do so. I think it was meant to be a brief interview, but I began to respond on a Saturday evening, while waiting for the...

Author: Michael Pettis  ·  September 5th, 2014  ·  RGE EconoMonitor Michael Pettis is a professor at Peking University’s Guanghua School of Management, where he specializes in Chinese financial markets. He has also taught, from 2002 to 2004, at Tsinghua...

A dangerous fallacy exists, especially in Africa, that the Chinese economic miracle will keep rolling indefinitely. While it’s true China’s economy has kept outperforming most others despite the global slowdown, evidence is fast emerging this was done...