Fuel price cap drives China to a halt
THE use of old-fashioned price controls to fight inflation is causing road chaos in some parts of China as speculators hoard fuel and refineries send their product overseas.
Fuel hoarding is so 1970s, but then again so are old-fashioned price controls to fight inflation.
Calculated Risk on Vacation until October 21st
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I'll be lost in the wilderness - with little wifi - until probably October
21st.
Best to all!
8 hours ago
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