Quotable

“If you look at GDP growth, then China looks like a new engine driving the global economy, but if you look at how growth is being created here by so much wasteful investment you wouldn’t be so optimistic.” – Zhang Xin, quoted in the Financial Times

FX Trading – Your recommended daily allowance of skepticism         

For the past year – since November 4, 2008, actually – I’ve thought about walking around wearing a T-shirt that reads:

Where’s your skepticism?

That way I could maybe get the majority’s brains turning a little bit. (I’ve thought about using “Got skepticism?” but figure milk is probably tired of getting ripped off over and over again.)

…..read more HERE.