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.


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.