(atimes) Macau gambles away its future The prosperous Chinese - TopicsExpress



          

(atimes) Macau gambles away its future The prosperous Chinese region of Macau, whose casinos now earn seven times more than do casinos in Las Vegas, is gambling away its future on the gaming industry - which may be exactly what Beijing wants. THE BEARS LAIR Systemic risk worse than 08 Since the crash of 2008, thousands of pages of financial regulations have been written and speeches bloviated about how we now understand the dangers of too big to fail. Needless to say this is nonsense; systemic risk is worse now than it was in 2008. - Martin Hutchinson
Posted on: Tue, 17 Jun 2014 17:50:01 +0000

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