MishTalk

MARCH 21, 2014

China’s private sector debt has increased from 115% of GDP in 2007 to 193% at the end of 2013. reached in 2007. Our analysis indicates that China’s economy has arrived at that unstable state where speculative and Ponzi finance appear to dominate. That 80% increase over five years compares to the U.S.’s s 26% in 2000-2005. trillion GDP.

Finance 75

Finance Cash Flow Banking Government 75

Harvard Business

FEBRUARY 7, 2017

Companies deliver superior results when executives manage for long-term value creation and resist pressure from analysts and investors to focus excessively on meeting Wall Street’s quarterly earnings expectations. From 2007 to 2014, their R&D spending grew at an annualized rate of 8.5%, greater than the 3.7%

Management 28

Management Metrics Financial Company 28

MishTalk

APRIL 1, 2015

Although most governments are required to balance their budgets on a cash flow basis each fiscal year, a structural budget gap can arise when recurring expenditures are greater than recurring revenues. Of course, Chicago would also have to meet the other eligibility criteria. It is not a balance sheet test, but a cash flow test.

Financial 28

Financial Engineering Finance Government 28