Who to blame for current financial crisis?

Greenspan (regulators): for he kept interest rate too low (1%) for too long, during the recession after dot com bubble. Bush (politicians): for his failed Iraq war which cost American tax payers more than 500 billions so far. He asked American “go shopping” after 911, in addition to buying a car or a house. Democrats […]

Who Knows Chinese Stock Market Better?

Mr. Greenspan (former US Fed chief), Jim Rogers (legendary investor), or Shang Fu Lin (Chairman, China Securities Regulation Committee)? For me this is an easy pick (the latter two). But it seems people in the west believe in Mr. Greenspan better. Now after making comments in Feb (which partially caused the Feb. 27 crash), the old man speaks again. Don’t get me […]