In spite of China’s extraordinarily high investment levels, domestic savings nonetheless exceed domestic investment by quite a lot, making it a large net exporter of capital.
Finance
Bloomberg: The World’s Protesters Want to Soak the Rich, But That’s Not All
Expert on inequality says it’s not ‘blanket story’ for unrest Broken politics underlies it too, especially in Middle East Read here
Climate Crisis
Michael Buchsbaum, Edward Donnelly – Fossil Fuel Companies Made Bold Promises to Capture Carbon. Here’s What Actually Happened
A DeSmog review of 12 large-scale projects reveals a litany of cost-overruns and missed targets, with a net increase in emissions. Read HERE
Economics
George Monbiot: Honourable Theft
How one young woman broke down the gates of knowledge Read here
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