Rhunzzz

3 Steps for America To Regain the World's Trust

What I found particularly illuminating in this book were the chapters on China and Japan.

China's demographic time-bomb, the opacity of its public companies, its pursuit of negative real interest rates, its stockpiling of commodities... all ominous rumblings behind a facade that is still relentlessly bullish.

Are Japan's housewives finally starting to buy stocks? I saw a NYT article to that effect recently, but who knows.