An Upsurge in Concern About China

The Economist points out that the Chinese current account surplus has started shrinking. The aspect of Chinese rebalancing where change has not begun is consumption. Prieur du Plessis talks about a Hugh Hendry video clip on a real estate bust that might be underway in China. China: Bogus boom? by John H. Makin. . . . → Read More: An Upsurge in Concern About China

Grassroots Strategy for Mobile Phone Based Payments, Sighted in Africa

Today’s mobile phones are as powerful as the computer used in Apollo 11 for the moon mission. So how can India’s 400 million-plus mobile phones/NASA computers transform access to finance?

Many people have been talking about the potential of mobile phones to revolutionise payments and ultimately consumer finance. Chapter 3, `Broadening access to finance’, . . . → Read More: Grassroots Strategy for Mobile Phone Based Payments, Sighted in Africa

Does Cash-For-Clunkers tell anything about Healthcare Reform?

On Thursday night the government announced it was suspending the Cash-For-Clunkers program. In my twitterstream I reacted as follows:

dhsmith24 Cash for clunkers suspended w/i a week. What the heck are these guys doing? And they want to run #healthcare?

The doubt this #fail creates is real enough, but there is more, and Hugh . . . → Read More: Does Cash-For-Clunkers tell anything about Healthcare Reform?