Tag: recovery

US

Abandoned Schools in Detroit | no sign of recovery here

Colin Henderson

I have mentioned more than a few times my belief that recovery is not a return to 2007. The new normal will create damatic shifts and new paradigms for bank planning. Detroit gets picked on a lot …. but these pictures are not pictures of a temoorary set-back. Prepare to be disturbed. This might go some way to explain why houses in Detroit can be purchased for as little as $5K. Abandoned Schools in Detroit Researched by Nobuyo Henderson Continue reading Abandoned Schools in Detroit | no sign of recovery here

Economy

Is China the next Lucent?

Colin Henderson

This is an interesting article over at Foreign Policy. It is interesting because it fits in the meme of what recovery looks like. Regular readers will by know by now I am firmly in the space that recovery will be framed by a smaller economy, and slower growth of that smaller economy. This piece compares the Chinese economy to Lucent during the dot com bubble. Lucent were selling to dot com company’s which disappeared. China was selling to US and to a lessor extent European consumers who have … disappeared. The minor distinction is that the consumers actually still exist, … Continue reading Is China the next Lucent?