by Flexo
Are you invested in China? According to this article, the Chinese economy isn’t exactly sound. If the author of the article, Minxin Pei, is correct, I don’t see how China would make a good long-term investment. Systemic economic waste, bank lending practices, political patronage and the survival of a one-party state are inseparably intertwined in ... Continue reading this article…
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by Flexo
So there’s a new Exchange-Traded Fund that tracks commodities. In this case, oil, aluminum, gold, corn and wheat. It seems like a good way for ordinary investors to get into commodities without dealing with futures contracts and such. So, should I invest? Oil prices are near record levels, while precious metals such as gold and ... Continue reading this article…
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Best Of 2005
by FlexoAs the year is coming to a close, and I will be less available over the next few days, the opportunity is perfect for taking a look at Consumerism Commentary and compiling a list of “best” (or most popular) entries from the year. This will be the 570th entry in 2005, but only a few ... Continue reading this article…