Search interesting materials

Sunday, July 12, 2015

China's stock market defence of 2015; India's currency defence of 2013

The Chinese defence of stock prices [ht]:


is reminiscent of India's currency defence of 2013:


In both cases, policy makers did not get the basics of economic policy in a market economy.

No comments:

Post a Comment

Please note: Comments are moderated. Only civilised conversation is permitted on this blog. Criticising me is perfectly okay; uncivilised language is not. I delete any comment which is spam, has personal attacks against anyone, or uses foul language. I delete any comment which does not contribute to the intellectual discussion about the blog article in question.

Please note: LaTeX mathematics works. This means that if you want to say $10 you have to say \$10.