Top 10 American Misconceptions about China (Version 3)


Written by Frank Li

Hello from China!

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What We Read Today 25 October 2016

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).


Every day most of this column ("What We Read Today") is available only to GEI members.

To become a GEI Member simply subscribe to our FREE daily newsletter.

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 more features, analysis, studies, and news published in the last week

Documentary Of The Week: Job Buffers Are More Efficient Than Unemployment Buffers

Written by John Lounsbury

Econintersect: This is a presentation by Prof. Bill Mitchell at the September 2012 Jobs for Europe conference in Brussels organised by the European Commission.


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Infographic Of The Day: Commodity Update, Is The Summer Slump Over

Last update, we triumphantly proclaimed that commodities were back.

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Video of the Day:

Little Kieran is lucky to be alive after being born with her heart outside of her chest. When Caitlin and her husband Brian went for their routine 20-week sonogram to find out the sex of the baby, doctors made the discovery that their daughter's heart was growing outside her body. Specialists at the Mayo Clinic created a 3D image of the baby using MRI scans in a medical first. After an emergency c-section doctors were able to put her heart back inside her body in a 5-hour surgery.

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Current Weather Outlook

Written by

This report is in our usual weekly format and focuses on the next 30 days which should be again close to "Normal" but with a wetter than usual Northwest and a slower than usual west to east movement of weather systems. We should expect either a La Nina Winter or a Near La Nina Winter which means where it will be wet or dry and warm or cool is becoming fairly clear for CONUS and also for other parts of the World. Full details are provided below. But first, we start the report with the key finding of the San Francisco Fed study of the Impact of Weather on Jobs. 


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This Or That?

 more opinion

Prop. 51 Versus A State-Owned Bank: How California Can Save $10 Billion On A $9 Billion Loan

by Ellen Brown, Web of Debt

School districts are notoriously short of funding - so short that some California districts have succumbed to Capital Appreciation Bonds that will cost taxpayers as much is 10 to 15 times principal by the time they are paid off. By comparison, California's Prop. 51, the school bond proposal currently on the ballot, looks like a good deal.

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 USA economy at a glance (boxed items are updates in last 7 days)

October 2016 Conference Board Consumer Confidence Declines

Written by Doug Short / Jill Mislinski and Steven Hansen

The Conference Board Consumer Confidence Index which had increased in September, declined in October. The Index now stands at 98.6 (1985=100), down from 103.5 in September. The market expected (from Bloomberg) this index to come in between 98.6 to 106.5 (consensus 101.0).

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