Some reads to keep you busy on the train home:

• The sun also rises. Bond yields, not so much (FT Alphaville)
• Is This Man Going to Be China’s Elon Musk? (Bloomberg)
• Why Everyone Should Meet 401(k) Contribution Limits (Motley Fool)
• Deutsche Bank Blasts James Montier And John Hussman’s Case For Falling Profit Margins (Business Insider)
• “It’s total moral surrender”: Matt Taibbi unloads on Wall Street, inequality and our broken justice system (Salon)
• The three deadliest drugs in America are all totally legal (Vox)
• A housing project in China highlights ties among local-government debt, corporate borrowing and shadow banking (WSJ)
• How Americans Like Their Steak (FiveThirtyEight)
• 5 Things Google will conquer in the future (according to Larry Page) (Financial Post)
• Let’s go fly a drone: the best vacation pics come from above (WSJ)

What’s on your mind?

China’s Debt Risks Come to Fore in Housing Project

Source: WSJ

Category: Financial Press

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

7 Responses to “10 Monday PM Reads”

  1. willid3 says:

    maybe just maybe this has some thing to with our high cost health care?

    and i did have a slight view into this back in 96 when my mother was in the hospital (heart attack). they performed surgery, the surgery went well, but they patient didnt.
    and they knew going in that there was little to any chance that it would help at all. and no the family didnt push or ask for the surgery

  2. willid3 says:

    maybe prospective employees learned from employers that their jobs aren’t that important?

    • Petey Wheatstraw says:

      You said it.

      25 years ago, the SO and I would drive the Dulles Technology corridor in Northern VA. The area was then (as I’m fairly sure it is, now), driven by the Federal contractor juggernaut.

      I would mention that all of these buildings sprouting up employed mid-level managers that did absolutely nothing of value. At best, their productivity amounted to shuffling papers, or “writing” reports no one would ever actually read, or getting fancy with that newfangled PowerPoint presentation that no one would remember. There was a circular pattern of hires and fires. Wasn’t unusual for someone in that industry to keep running into the same faces, moving in different directions in the employment current. They should’a had a Guild.

      Anyway, the middle class is being crushed, even as I type, and mid-level management is taking the hit. What lands the job, in the future, won’t be a warm, credentialed body in a cold seat to round out someone’s dreams of bureaucracy — it will be the worker who can actually produce something of value.

  3. willid3 says:

    seems how you die might depend on who investigates it.
    and it some states. its so badly done that the states health statistics are badly messed up
    and it probably is causing higher or lower insurance rates too

  4. Jojo says:

    In the ’5 Things Google will conquer in the future (according to Larry Page)’, one of the five is:

    2. Curing death: “In healthcare we have Calico — a new company led by the former CEO of Genentech, Art Levinson, that’s focused on health, well being and longevity — and Iris, a smart contact lens designed to transform the lives of people with diabetes.” The keyword there is “longevity.” Page really believes that there is no need for humans to start dying “naturally” once they hit their 80s.
    If he really wants to solve a problem, maybe figure out how people are going to survive extended lives financially when very few companies will consider interviewing, let alone hiring, anyone past 55YO.

  5. J Kraus says:

    Best line I’ve read in weeks: “I prefer steak cooked so that it could very well recover from its wounds with proper bed rest.”