Zou Pingzuo — Analysis on the current Chinese macro-economy

Six dividends currently exist in the Chinese market, namely the dividends of institutions, science and technology, the labor force, resources, internationalization and ecology.

China should form an economic theoretical system with Chinese characteristics, one that is in line with its own political and economic institutions and is based on China's successful experiences without excessive championing Western economic theories.

On the economic front, China should continue to seek the unity of the market, society and nature. With the precondition of respecting market rules, social rules and natural rules, China should improve its top-level design and macro management.

This process will help form better economic theoretical and technological systems, theories that are inclusive enough to guide China's economic practice.

China.org.cn

Analysis on the current Chinese macro-economy (Part I)

Analysis on the current Chinese macro-economy (Part II)

Zou Pingzuo, researcher with the Finance Research Institute of the People's Bank of China.
Translated by Chen Boyuan. Its original and unabridged version was published in Chinese.

Greece comes out with its new proposal. Here it is. Ready? It's called, "Let's cave again."

Seriously, dear readers, I am getting as tired of writing this as you are of reading it, but I feel that repetition is important.

ATHENS (Reuters) - Greece promised to implement pension and tax reforms as early as next week as the first step to securing a three-year rescue loan to cover debt obligations, according to a letter requesting the funding from European partners on Wednesday. Read more.

And what are pension and tax "reforms?"

They're fucking cuts (pensions) and increases (taxes) on workers and the poor, of course.

I keep repeating it because I want you to reach a level of incredulousness and disgust that brings you deep, deep, deep, deep, in touch with your own, true, raw, inner feelings. (Either that or, I'm really just a sadist.)

That's how the fire of revolt and revolution will be galvanized within you and within all of us. Mwhahahahaha!!!! (rubbing my hands together devilishly.)

No, really, this is bullshit.