financial systems

That 4% Gain Doesn’t Look So Bad After Madoff: William Pesek

Dec. 17 (Bloomberg) -- Indonesia has a scandal on its hands, and it involves gross domestic product.

That won’t sound too serious to observers worried about corruption or anti-pornography laws intensifying debates about Islam’s role in public. Yet what might best be described as the “4 percent crisis” is getting breathless press coverage.

That’s the dismal rate at which many expect the economy will grow next year. What, did someone say dismal? When you look around the world, it’s hard to think of a sizeable economy that might perform at even close to 4 percent.

What did I say then?

Party tells cadres to put duty first in reshuffle | SCMP (5 years 22 weeks ago):

Communist Party cadres should uphold the party spirit and keep its best interests in...

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