Roberto Abraham Scaruffi: Hong Kong 'rebellion', another UK-USA-China fraud...

Thursday, 2 October 2014

Hong Kong 'rebellion', another UK-USA-China fraud...

It's the Party v the people in Hong Kong. Our cover story argues that the Chinese government's obsession with stability lies behind its refusal to consider moving towards real democracy in the territory. Yet it fails to understand that it is not autocracy but popular satisfaction with government that will ensure real, long-term stability

John Micklethwait, Editor-in-Chief

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Politics this week
Ashraf Ghani was sworn in as Afghanistan’s new president in Kabul as part of a power-sharing deal in which his election rival, Abdullah Abdullah, in effect becomes prime minister. Elsewhere, two bombs killed 15 people while the inauguration was going on
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Business this week
The abrupt departure of Bill Gross from PIMCO, which he helped found in 1971 and now has $2 trillion in assets under management, shook the bond-investment industry. Mr Gross left to join a smaller firm, though he was reportedly about to be fired by PIMCO’s board because of misgivings about his management style. PIMCO said that investors withdrew a net $23.5 billion from Mr Gross’s Total Return fund in September, with the biggest outflow happening on the day he resigned
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