There’s not better visual metaphor for the real estate crash – And if the buildings were closer together, a domino effect would have occurred. This [photo] is not a Photoshop fake. Really not. Mish knows what exactly happened in China [via @muesli]: Read the rest of this entry »
National markets beg to differ: it’s not only about languages, but about the subtle cultural differences which make the difference between top and drop. That goes especially for Asian markets. And there is another specialty about the largest Asian market: Chinese government strictly controls all internet access. This kind of censorship not only influences the political but also the economic sphere. Juergen Hoebarth, who knows the Chinese online market like the back of his hand, wrote a white paper about Chinese start-ups which is definitely worth a look (especially since it’s a free download!). Read the rest of this entry »