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Divining Unemployment in China

Divining Unemployment in China | Economics | Scoop.it
China's official urban unemployment rate is near-worthless. Alternate measures are crucial for getting a handle on the real situation
Chuck Pharris's insight:

China shifted a large portion of their workforce to manufacturing because it had the highest productivity multiplier to the economy.  As you see manufacturing employment goes, so goes China.  Right now it's a negative slope.

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China Cashes In on Bankrupt Detroit

China Cashes In on Bankrupt Detroit | Economics | Scoop.it
Communist programs killed Detroit, now Communist China is being hailed as the savior for the failed policies of socialism/progressivism. by William F.
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