Here are two facts about China: Real estate values declined 27 Percent last month. Inflation is increasing. Their economic growth has slowed a bit, but it is still really high at 9.7, at least by the official numbers.  Still, China’s leaders have a problem.  Inflation can eventually create disastrous problems, but eliminating it would require… Read more

People are getting excited because China’s economy is expected to soon exceed the United States economy in size.   They seem to think this is bad.  Here’s an example.  This is really a stupid thing to worry about, perhaps even a really stupid thing to worry about. China has a population of 1.34 billion, almost 20… Read more