As the world looks at China's GDP growth rate...
...Wry & Dry looks at money: We-the-taxpayers' debt; the myth of 'blue chip' stocks; Clive Palmer's Titanic and the banks' whinge-a-thon. And, of course, Follow The Money.
Oh, by the way, China's GDP growth rate announced this morning was 6.7%, right on expectations. Which had the predictable outcome: people instantly believing that there is some truth in the figure. W&D will wait for the inevitable adjustment.
More important than China's GDP figure...is this week's W&D: read wryly and dryly on...