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    • Meanwhile, in China, there’s a huge stock market crash
      It has dropped about 30% in the past 3 weeks, and today: BREAKING: CHINA’S NATIONAL SOCIAL SECURITY FUND (PENSION FUND) ORDERS ALL ITS ASSET MANAGERS “NOT TO SELL A SINGLE STOCK” – CAIJING MAGAZINE Yeah. And this: In an extraordinary weekend of policy moves, brokerages and fund managers vowed to buy massive amounts of stocks, [...]
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To all those rich people who think they are the most productive people on earth

Don’t flatter yourselves.  Dragons are not productive.

Every school kid knows this.

Just sayin’.

********************************************

Paul Krugman and Joseph Stiglitz have a chat:

 

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