Tom Dyson


China’s Bike Sharing Explosion Is a Metaphor for Its Economy

I see a failed business strategy, lost money, defaulted loans, and a bunch of bicycles about to be swept up and taken to a junkyard…

Chaos in World Economy Sends Dow-to-Gold Ratio Lower

Ignore this chart at your peril…

The Fed Is Monetizing Government Debt for the First Time Since WWII

The blowup in the repo market is front-page news. But no one’s talking about the real story…

Global Financial System Cracks as Dollars Dry Up

We don’t know how things are going to unfold, or when. But we want no part of it…

Construction Boom Evident Across China

The great Jinshajiang bridges will someday be engineering icons…

Global Financial System Shows Signs of Trouble as Repo Rates Spike

There aren’t enough dollars in the system, and the situation keeps getting worse…

The City of Eternal Spring

We arrived in Kunming yesterday by high-speed train. The train covered the 441 miles from Nanning in four hours.