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target 's List: Internet
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Oct 20, 09
"5575 submitted stories, and counting
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Chinese tycoons break records at Sotheby's in auctions Hong Kong – China Business
http://business.timesonline.co.uk –
It's a couple of days old, but I find this story interesting. The world's governments keep telling us that there's zero sign of inflation, but this is a perfect illustration of what actually happens when you print money and push interest rates down to zero. You force people to drive up the price of every asset from wine bottles to imperial thrones.
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bounceologist's picture
Submitted by bounceologist
6 days 10 hours ago Made popular 3 days 12 hours ago
Tags:
* assets
* auctions
* china
* Deflation
* economy
* hong kong
* inflation
* investments
* monetary policy
3 Up Down
Millions of readers are moved by the apologizing letter from China's primier –
http://news.xinhuanet.com –
One letter from China's primier Wen Jiabao spreaded on the internet since 12th, Oct in the evening.
In this calligraphy full of aesthetic sensibility by brush in black ink, 67-aged Priemier rectified his mistakes which has been cited by one reporter and made an apologize with sincere and professional words.
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Lindayu1984's picture
Submitted by Lindayu1984
1 week 1 hour ago Made popular 4 days 11 hours ago
Tags:
* calligraphy
* Primier Wen
4 Up Down
Why Didn't Peasants Riot During China's Three-Year Famine? (1) – General
http://www.insideoutchina.com –
Xujun Eberlein's interview with Great Famine survivors (some of them close family members) reveals how people were told to die in doors, and that the people's respect for The Party in 1960 was so great that everyone figured the officials were not to blame. High quality writing, too.
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南抗谷歌，北据腾讯
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Oct 20, 09
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