Thursday, July 12, 2012
Singapore contracted in the quarter, due to manufacturing. It was a small contraction, but their YoY real GDP increase is 1.9% following 1.4% in the previous quarter, and this is pretty darned bad for Singapore. However they have capacity constraints of different kinds, and domestically-generated GDP would be higher were this not so. It is, however, a measure of growing weakness in the region.
Perhaps there is a backup plan.
Joke: The Three Worst Chinese Tortures Known to Man
I'm comparing MZM divided by wages to the inverse of the 10-year treasury yield. There is an amazing amount of correlation here.
Interest Rate Epiphany (Must See Charts)
In honor of your Bling Dynasty and Mandate of Heaven, I thought I'd offer a martial arts reference. What I got was so much more.
Enter the Panda
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We only work with factories we have personall visited and approved, to ensure your products reach you on time, within your budget and most importantly to a quality and standard that you can be proud of.
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