Daily Archives: August 30, 2012

Hype vs. growth: China’s Yuan Renminbi in international payments

I’m VERY skeptical about the race to declare dollar extinction/renminbi dominance, but two items have been brought to my attention in the past few days that I thought would look rather nice when mashed up together. The first is this chart, from SWIFT:

How alarmed you are as a result looking at this chart I suppose depends on some combination of what your biases are, how unplugged you are and how alarmed you tend to become at things that contradict your expectations. Let’s consider the observations to make from this chart and some other things and then we’ll come back to what our response should be.
Continue reading

Emerging & Frontier Markets Headlines 2012.08.30

What to expect from Bernanke at Jackson Hole — Mohamed El-Erian

Interview with Tamar Frankel, author of “The Ponzi Scheme Puzzle: A History and Analysis of Con Artists and Victims” — NYT Dealbook

Zambia’s Mismanaged Agricultural Sector — Zambia Reports
Continue reading