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Xie believes the Chinese economy is in no near-term threat. But he does see problems down the line because of a property bubble. He recommends even more monetary tightening to reduce the ill effects of this bubble.
Xie comments on the U.S. and on Europe as well. The video of his comments runs just under ten [...]

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The well-regarded and surprisingly independent Beijing-based media outlet Caijing is no more. The site is up, but the content is frozen in time, nothing having been written since early November. Happily, Caijing editor Hu Shuli has now re-appeared with Caing. And Caing has started things off where Caijing left off, drawing attention to the bubble [...]

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I mentioned comments by former Morgan Stanley economist Andy Xie on reckless monetary policy earlier today. Below are interviews Xie gave with the Financial Times in Shanghai back in September which give a more comprehensive look at his views on China, debt bubbles, trade, the U.S., monetary policy and more (Hat tip Prieur du Plessis).
Part [...]

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Andy Xie believes ultra-low interest rates in the U.S. and elsewhere are fuelling an asset price bubble which will pop dramatically in 2012.  In his view, the policies of the world’s central banks are reckless and will lead to worse down the road.
Bloomberg quotes him as follows:
“There is a Chinese saying that one could quench [...]

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Is it just me or did Secretary Geithner just talk out of other side of his mouth? Today he wrote an Op-Ed in the Wall Street Journal with two Asian leaders to mark a big meeting of APEC (Asian Pacific Economic Cooperation) in Singapore.
The WSJ article started out with a bunch of diplomatic niceties about [...]

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Bear Juror Says U.S. Case So Weak She’d Invest With Defendants – Bloomberg.com
Russia Warns of Gas Crisis as Ukraine Faces Financial Turmoil – Bloomberg.com
Staatsbank HRE verliert 1,7 Milliarden Euro – Spiegel Online
WNYC – The Brian Lehrer Show: Tweeting Tragedy (November 10, 2009) (This is about tweets at Fort Hood.)
Republicans Edge Ahead of [...]

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Andy Xie thinks the Fed is on an inflationary path.  Last month, he wrote an article in Caijing which says that ‘stagflation lite’ is the Federal Reserve’s preferred outcome. What’s interesting is his recent article about the need for China and Japan to join forces under an ASEAN umbrella, rejecting the APEC umbrella shared with [...]

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If you have been wondering whether a statistical recovery is at hand, today’s ISM manufacturing report should be the clincher.  The report was definitely bullish with the ISM index rising to 55.7 and sub-components supporting the understanding that the manufacturing sector is expanding. This is quite a contrast to last month’s weak data and demonstrates [...]

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Former Morgan Stanley economist Andy Xie joins other famed prognosticators like Nouriel Roubini in worrying about an incipient asset bubble. The Rosetta Stone Advisors board member sees the huge increase in money supply created by central banks as fuel to an asset bubble fire. He even goes so far as to call the central banks [...]

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La producción industrial cae un 13.1% y encadena 16 meses de descensos
Spain’s industrial production is still cliff diving. How are their banks able to withstand this catastrophe?

FT.com – HSBC chief fears a second downturn
Consider this a double dip alert.

There’s no such thing as too big to fail in a free market – Telegraph
This is an [...]