Interesting video on the Financial Times about poverty and inflation in Hong Kong. 7% of low income households live in apartments under 200 square feet.
China
Contextless Links
Huskies Athletics cuts the Huskies Cheerleaders :: Cheerleaders pulled a bush league stunt and got what they deserved. I can’t say I will miss them. How much did it cost to distribute all of those Aol. disks in the 1990s? Corruption is worth than imagined in Quebec. The head of Quebec’s anti-collusion unit says he’s [...]
72 cyber attacks, none against Chinese institutions
I wonder who is behind them. Alperovitch said that McAfee had notified all 72 victims of the attacks, which are under investigation by law enforcement agencies around the world. He declined to give more details. Jim Lewis, a cyber expert with the Center for Strategic and International Studies, said it was very likely China was [...]
Column: Environmental inaction costly
My latest column in The StarPhoenix I wasn’t surprised by Mike De Souza’s recent story that briefing notes prepared for Environment Minister Peter Kent indicate he doesn’t seem to take global warming seriously. De Souza, a Postmedia reporter out of Ottawa, has chronicled how Prime Minister Stephen Harper has for years politicized climate change. I [...]
Defense Spending by GDP
The Economist has an interesting article on defense spending by GDP. ON JUNE 8th China’s top military brass confirmed that the country’s first aircraft carrier, a refurbishment of an old Russian carrier, will be ready shortly. Only a handful of nations operate carriers, which are costly to build and maintain. Indeed, Britain has recently decommissioned [...]
Is China headed towards an economic crisis
Paul Krugman thinks so With efforts to cool the economy falling short, China has been trying to limit inflation with price controls — a policy that rarely works. In particular, it’s a policy that failed dismally the last time it was tried here, during the Nixon administration. (And, yes, this means that right now China [...]
Stimulus Packages From Around the World
Since all our countries (sans Germany) are offering stimulus packages these days, I thought I would see how they stack up against each other. The American one is by far the biggesest while Iceland’s economy took the hardest hit. Many economists believe a lot of the figures being announced involved a mixture of truly new [...]
