Posts Tagged ‘Li Keqiang’

Notes From Underground: The G20 Is as Shaky as a “Fiddler On A Roof”

April 20, 2015

Indulge me, my readers. When I saw the movie Fiddler On the Roof 43 years ago with my now-wife, there was a line that made me laugh for it mirrored conversations that we shared about my nose always being buried in a book about history, economics and probably politics. In the movie, the young radical Perchik wishes to ask Tevye’s daughter, Hodel, to marry him. The question takes place in this dialogue:

Perchik: Hodel there’s a question, a question I … I wish to discuss with you
Hodel: Yes?
P: It’s a political question
H: What is it?
P: The question of marriage
H: Is this a political question?
P: Well, yes. Yes, everything’s political. Like everything else, the relationship between a man and a woman has a socio-economic base. Marriage must be founded on mutual beliefs. A common attitude and philosophy toward society.
H: And affection?
P: Well, yes, of course. That is also necessary.

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Notes From Underground: The Weekend News … Markets Await Chinese GDP

July 14, 2013

It has been a very quiet weekend for financial market-moving news. Egypt and Syria brought nothing positive and even the European press was quiet. Reuters reported that the Spanish recession is deemed to be over but that is a highly debatable issue. The market is waiting to see if China makes its 7.7% GDP number, though why the market cares about massaged data is beyond my comprehension. Chinese Finance Minister Lou Jiwei said in Washington July 11 that the Chinese GDP may show growth below 7%. The official Chinese news agency walked back that number and claimed that the finance minister misspoke, probably due to travel fatigue. The consensus is for 7.7% so let’s see what the Chinese statistics delivers.

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