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Malinvestment

IMG Auteur

Tim Iacono

The Mess that Greenspan Made

Published : August 12th, 2016

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FOLLOW : Fixed Georgia

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Category : Opinions and Analysis


	It’s nice to see that, while leaders come and go, some things remain the same, namely, the growing number of spinning plates the Chinese government attempts to prevent crashing to the floor via a credit and infrastructure binge at which future historians will marvel. Bloomberg provides the details in this story that includes the graphic below. SOE: State Owned Enterprise, FAI: Fixed Asset Investment Of course, to the enlightened modern-day economist, there is no such thing as “malinvestment”, so, there’s that…

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IMG Auteur

Tim Iacono 13 abonnés

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Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.

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