Friday Displacement Activity Reading

What has been preventing me from working this morning? or what will the BBC be reporting on tomorrow?

Six Easy Pieces: Fundamentals of Asset Allocation Explained:
Do not be put off by the title, this is a well laid out and easy to understand piece that also reflects out everyday living, and I like the nod to Richard Feynman’s most excellent book. Pragmatic Capitalism







Search for China’s “Bear Stearns moment” is flawed

‘ The first problem with identifying a “Bear Stearns moment” is that there are actually multiple moments. Reuters Breaking Views

Where Asia’s Movers, Shakers Work Out
And there is a little quiz, guess the cities, Me? absolutely no idea . .  WSJ China
As with the USA so the UK always follows like a kitten chasing a ball of wool . . 

Five years of disastrously low interest rates have left Britain addicted to cheap credit

‘ You need to go back almost nine years to find a time when real interest
rates last rose. Almost a million mortgage holders have never known a
rate rise. ‘ The Cobden Centre