Those enthusiasts about China’s perky economy should heed the warnings of Premier Wen Jiabao on the dangers of overinvestment producing another economic bubble.
Those enthusiasts about China’s perky economy should heed the warnings of Premier Wen Jiabao on the dangers of overinvestment producing another economic bubble, writes The Washington Post’s David Ignatius. China watchers need to look more closely as its biggest problem is that its growth is unstable, Wen cautioned during a press conference two years ago. Last week he echoed these sentiments again, saying "We still face a very complex situation," in reference to what Ignatius calls "the twin dangers of overheating at home and the global recession abroad". He continues: "The rise of China is one of the blessed miracles of modern economic history. But Chinese leaders know they cannot repeal the economic laws of gravity. As the economist Herbert Stein observed decades ago, ‘"If something is 'unsustainable,' that means it won't be sustained.’ That is surely true with the unbalanced, export-led growth that has powered China's ascent."
Swipe right to make the connections that could change your career.
Swipe right. Match. Meet over coffee or set up a call.
No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.
A NASA astronomer explains how astronauts dispose of their, uh, dark matter.
- When nature calls in micro-gravity, astronauts must answer. Space agencies have developed suction-based toilets – with a camera built in to ensure all the waste is contained before "flushing".
- Yes, there have been floaters in space. The early days of space exploration were a learning curve!
- Amazingly, you don't need gravity to digest food. Peristalsis, the process by which your throat and intestines squeeze themselves, actually moves food and water through your digestive system without gravity at all.
The Harvard psychologist loves reading authors' rules for writing. Here are his own.
- Steven Pinker is many things: linguist, psychologist, optimist, Harvard professor, and author.
- When it comes to writing, he's a student and a teacher.
- Here's are his 13 rules for writing better, more simply, and more clearly.
A growing body of research shows promising signs that the keto diet might be able to improve mental health.
- The keto diet is known to be an effective tool for weight loss, however its effects on mental health remain largely unclear.
- Recent studies suggests that the keto diet might be an effective tool for treating depression, and clearing up so-called "brain fog," though scientists caution more research is necessary before it can be recommended as a treatment.
- Any experiments with the keto diet are best done in conjunction with a doctor, considering some people face problems when transitioning to the low-carb diet.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.