Month: July 2015

Which is the bigger risk to global financial markets — the turbulence in Chinese equities or Greece?

http://www.ft.com/cms/s/0/09893e5a-2578-11e5-bd83-71cb60e8f08c.html#ixzz3fUU4MibD It has to do with fundamentals. The Chinese economy is a command economy fed by easy credit to which far too many stakeholders are addicted. The transition to a consumer powered economy is moving far too slow because consumers, citizens, do not have political power and hence cannot set the priorities. For far too …

Which is the bigger risk to global financial markets — the turbulence in Chinese equities or Greece?Read More »