Extreme weather in Guangzhou kills five and brings destruction to China’s
industrial heartland
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At least 33 people were left injured and factories damaged after a tornado
in the capital of Guangdong province
At least five people were killed and 33 i...
45 minutes ago
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Well, actually credit expanded more rapidly than the 4.2 percent rate in 2010 in every single year that Greenspan chaired the Fed. In fact, it expanded more rapidly in every year in this series (going back to 1976) and probably every year since the Great Depression. In other words, for Alan Greenspan night is day, up is down, he is looking at an extraordinarily slow pace of credit expansion and telling reporters that is the fastest on record...