Wednesday 30th May


China Prudence without a purpose |
Miser and wanton?
 The Economist {http://econ.st/KFEfgE}

Is the China Model a Myth? | All Roads Lead to China - Business News, Analysis, and Insights from China {http://bit.ly/L4bhX8}


SPAIN VS. PORTUGAL: THE COUNTDOWN TO ZERO | PRAGMATIC CAPITALISM {http://bit.ly/L4bERx}

"Asia Exposed" by Stephen S. Roach
Asian authorities were understandably smug in the aftermath of the financial crisis of 2008-2009. Growth in the region slowed sharply, as might be expected of export-led economies confronted with the sharpest collapse in global trade since the 1930’s. But, with the notable exception of Japan, which suffered its deepest recession of the modern era, Asia came through an extraordinarily tough period in excellent shape.
 | Project Syndicate {http://bit.ly/MUX5n6}

London Banker: "Heads I win, tails you lose."
'hedge funds were less a new method for investment, than a new method for higher remuneration.'
{http://bit.ly/MUYhac}