Amina Kamal Khan, Urdu VOA News, Washington. China’s announcement to invest in Greece is yet another example of its growing influence in global economy. The past decade has seen breathtaking changes in the global economic landscape. Nowhere has the change been as dizzying as in China, which is celebrating the 90th anniversary of the ruling Communist Party on July 1st. With over trillion in foreign-currency reserves, China has become the world’s biggest lender — outpacing even the World Bank in loans to developing countries. This report takes a look at Beijing’s sizeable foreign reserves and the debate over how much its currency is really worth.
Fengming Liu is associate general counsel for the Microsoft Corporation. Liu, currently on a sabbatical from Microsoft and serving as a visiting fellow at Princeton’s Center for Information Technology Policy, came of age during China’s Cultural Revolution. He discusses that period of turmoil and the transition he made from digging potatoes in the countryside to attending China’s most prestigious law school, Peking University, as part of the first law class following the Cultural Revolution. With additional law degrees from two American universities, Liu is able to speak authoritatively on the differences between Chinese and American legal education. He also discusses evolving notions of client-attorney confidentiality in China. He explains that China is becoming more selective about the type of business investments it wants to attract and its particular interest in companies with clean technology. Finally, Liu addresses America’s concern about respect for intellectual property in China; he notes that strides have been made in this area and also observes that, while some censorship continues to exist, access to information is increasing.
www.madmoneyrecapnow.com. Guy Spier is the manager of Aquamarine Fund, an investment partnership inspired by the original 1950′s Buffett partnerships with market beating returns. Guy follows closely Buffett’s principles on Value Investing and capital allocation.In this Opalesque.TV BACKSTAGE video, Spier tells us how Value Investing has changed over time, as the popularity of style means that generally less opportunities become available to investors. Ideas that will work are still around, but the successful value investor of today has to look further and sometimes think outside the box. Hear from Guy:How Value Investing has changed — new strategies of successful value investors. www.madmoneyrecapnow.com. Eating out with Warren Buffet: How a 0000 lunch made Spier a better investorWhy Guy Spier recently moved to Zurich to manage his fund from SwitzerlandThe EURO – why the monetary union may not last more than 3 or 5 yearsWhy China is not a bubble – how Spier investsIn 2008, Guy and fellow value investor Monish Pabrai, managing partner of the Pabrai Investment Fund, posted the winning bid for the annual charity lunch with Warren Buffet for what was then a record 0100 (in 2010, the winning bid was 2.63 million — all proceeds go to the Glide foundation). Spier explains in this Opalesque.TV video why the lunch was “worth every dime”. Empower Yourself now with priceless skills and education by visiting www.madmoneyrecapnow.com
Curt Renz interviews Sam Stovall, chief investment strategist at Standard & Poor’s Equity Research on 2011 JUN 30. DISCLAIMER: The opinions of interviewees are not necessarily the same as those of Curt Renz. He makes no trades based on prior knowledge. You are responsible for your own investment decisions and are advised to perform further research before making them.
You just don’t feel it that’s all. Maybe its the “invisible” rapture Harold Camping is referring to? The US has had 7 consecutive quarters of positive GDP growth and somehow we are in a depression, according to Peter. Out of all the RT bimbos, isn’t it fitting that a true American is the dumbest one? In the beginning, she says the chart shows unemployment throughout US history when it clearly states “Post-War US Unemployment” – that’s how clueless she is. No wonder she could stand listening to Peter Schiff’s senseless drivel for 15 minutes.