www.reuters.com/article/us-china-lenders-p2p-insight/beijing-struggles-to-defuse-anger-over-chinas-p2p-lending-crisis-idUSKBN1KX077 For Wang, the Beijing investor, the pain is acute. He and his family had invested 7 million yuan – their life savings, with which they had planned to use
by OT-GOD-IS-DEMIURGE www.theatlantic.com/international/archive/2015/02/how-an-ad-campaign-invented-the-diamond-engagement-ring/385376/ In the 1930s, few Americans proposed with the precious stone. Then everything changed. In his 1982 Atlantic story, the investigative journalist deconstructed what he termed the “diamond invention”—the
by Jim Rickards via Daily Reckoning The coming credit crisis in China is no secret. China has $1 trillion or more in bad debts waiting to explode. These bad debts permeate the economy.
State-run news agency Xinhua said the Party will remove the provision that the President and Vice President “shall serve no more than two consecutive terms” from the constitution of the