from The Wall Street Journal, The Housing Non Crisis The home ownership rate is a largely meaningless statistic that has more to do with politics than economics. For starters, it promotes the myth that owning a home is the key
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From Barron’s, Chinese Puzzle by Thomas Donlan: Worldly wise investors and sophisticated geopoliticians sometimes forget that Chinese markets reflect the power of the country’s government more than its economy. The price of stocks in state-owned and state-funded corporations has too
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