Monthly Archives: March 2013

China’s economy has become the second largest in the world, but its rapid growth may have created the largest housing bubble in history. Here is a direct link.

How did Zhang Xin go from working in a sweatshop to being a billionaire real estate developer? Lesley Stahl reports. Here is a direct link.

This is another secular trend likely to continue as excessive debt levels are written off and down. Bloomberg Detroit bureau chief Jeff Green and Bloomberg Government senior economic analyst Nela Richardson discuss the city of Detroit facing a state takeover … Continue reading →