Posts Tagged ‘China’

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    Yak Herders

    May 3, 11 • 512 Views • No Comments

    Demand is soaring for yartsa gunbu, a “nutty tasting fungus” from China’s Tibetan Plateau and similar Himalayan regions in Nepal and Bhutan. Reputed to have cancer fighting capability, aging retardants, and libidinal qualities, the fungus......  [read more]

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    Medicare Math

    May 1, 11 • 427 Views • No Comments

    The ratio is 3 to 1. The “3” is how much Medicare recipients are receiving. The “1” is what they paid. Still though, you can see from this NPR report why most people call Medicare an entitlement. According to a study from the Urban......  [read more]

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    Aspirational Pecans

    Apr 20, 11 • 486 Views • No Comments

    Our story starts with the walnut. Loved in China, and always cheaper than pecans, during 2007, suddenly, the walnut became relatively expensive. Following the law of demand, Chinese consumers bought fewer walnuts and more pecans. And that was when they......  [read more]

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    Comparing Central Banks

    Apr 9, 11 • 431 Views • No Comments

    Perhaps we can divide the world between inflation fighters and recession fighters. Right now, most of the inflation fighters are in the developing world. In Brazil, Russia, India and China (the BRICs), more expensive food and energy and growing demand are......  [read more]

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    The Center of the Global Economy

    Mar 27, 11 • 360 Views • No Comments

    Let’s start with a dot in the Atlantic Ocean, maybe 900 miles from Morocco. Then, follow that point, as it glides eastward toward Izmir, Turkey. According to London School of Economics Professor Danny Quah, you have just seen how the world’s......  [read more]