dim sum bonds

Will Dim Sum Bonds Flourish Under a Trump Administration?

Dim Sum bonds are bonds that are issued outside of China (typically in Hong Kong or London) that are denominated in Chinese currency (called renminbi or yuan).  The communist Chinese government tightly control its own bond market and does not let foreigners to directly invest.  By issuing bonds outside of China, foreign investors can invest…

American flag worn out

Threatening to Leave the Country if Your Candidate Loses is Stupid

With Election Day rapidly approaching, some people are losing sleep and going bananas worrying about who will win.  Whether its collapse of the economy, ethnic cleansing, the rise of socialism, imminent nuclear war, confiscations of guns, appropriation of businesses, the collapse of the health care system, hyperinflation the president selling access to the Oval Office…

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