Wednesday 18th July

Am I a China Bear?, Chovanec
{http://chovanec.wordpress.com/}

Corn driving commodities, the drought driven rally
{http://soberlook.com/2012/07/year-to-date-commodity-returns.html}

A Declining Euro Can't Cure All Ills
{http://online.wsj.com/article/SB10001424052702303754904577531032942698056.html}

Whithering China?
China has reported the worst quarterly GDP growth, 7.6%, in almost three years. This is a less vicious downslide compared with the Global Financial Crisis if measured by peak-to-trough deceleration, but nearly as bad as in the Asian Financial Crisis.
{http://www.econbrowser.com/archives/2012/07/whither_china.html}

Is China’s electricity data worth any of your precious attention?
The slowing growth in China’s electricity output and consumption has been drawing a lot of attention the past few months. Production in June growth was flat, year-on-year, prompting many questions as to how Q2 GDP managed to grow at 7.6 per cent.
{http://ftalphaville.ft.com/blog/2012/07/17/1077301/is-chinas-electricity-data-worth-any-of-your-precious-attention/}

Here's All You Need To Know About China's Fragile $2.2 Trillion Shadow Banking System
{http://www.businessinsider.com/complete-guide-to-chinas-shadow-banking-system-2012-7}

Another reason to admire Singapore

Know why nobody cares about Europe anymore?  Because we're all worried about the US now.
{http://www.businessinsider.com/the-us-is-the-new-focus-of-worry-2012-7}

LOL
London 2012: an etiquette guide for Olympics visitors
How do you hire a Boris bike? Why are Brits always saying sorry? Do you look a bit like a terrorist? Find the answers in this guide for foreign visitors.
"Britons love bleak humour: that's why all the hire bikes are branded with the name of a bank currently being investigated for fixing interest rates. It's supposed to be funny."
{http://www.guardian.co.uk/sport/2012/jul/16/etiquette-guide-visitors-london-olympics?newsfeed=true}