China Blames a Different Boogeyman Each Time the Economy Stumbles

In a humiliating televised confession, Wang acknowledged that “I acquired the news from private conversations, which is an abnormal way, and added my personal judgment and subjective views to finish this story” (which, you know, is how journalism usually works). In the United States when someone accurately predicts a downturn or policy change, we practically throw him a ticker-tape parade; in China, they throw him in jail.

→ Business Insider

The World’s Greatest Jeweller

Poppy Brooch, diamond, tourmaline, and gold, 1982
 
Unlike the big, heavily branded jewellery firms—Cartier, Graff, Harry Winston—JAR has just one small shop, a blank-fronted place in a dull plaza in Paris, and doesn’t spend a sou putting adverts in glossy magazines. Or indeed anywhere. Because secrecy is JAR’s secret weapon. You won’t find the shop’s address in any directories; as a rule, would-be customers have to be vetted and introduced, like Freemasons, by a friend. Rosenthal himself maintains a Garbo-like silence in the face of the press, giving only a handful of interviews in his 37-year career and—at least partly for reasons of security—never, ever allowing himself to be photographed.

→ Intelligent Life

How Russian TV Propaganda is Made

 
There was no channel war now, I mean, no competition. A directive came from the Presidential Administration saying: stop trying to outdo each other, stop showing who’s got the best exclusives here. The only exclusive stuff you could have was when one person found someone’s granny, and another found someone else’s granddad. On the whole, though, it was a massive stream [of content]. United in a common impulse, everyone shared everything with everyone else: pictures, speakers, contacts. Everything became a single whole. Different holding companies, different shareholders, different media organisations. A united propaganda body emerged.

→ Open Democracy

The Evolution of Magazine Covers

 
Not so long ago, black people couldn’t vote. Though they still face significant discrimination, they are also now idolized on magazine covers. As women have earned more rights over the years, they now take control of their sexuality. And Vanity Fair’s most iconic cover this year is a woman who used to identify as a man.

→ Medium

Blaming China for Black Monday is Like Blaming a Bartender For Your Hangover

IMG_3028Pubonomics :

What is happening? Why is China—the country that people once thought was the engine of the world economy—tottering so badly ?

To answer these questions it is necessary to recognize that China was never the engine of the world’s growth. To be such an engine you have to import more than you export. Then you would create a demand that is filled by other countries, which as a result export more than they import. Importers are the engines in the supply trains of the international markets. Exporters are the wagons, pulled by the demand created by the profligates. Think of what drives liquor markets: barmen or drinkers?

→ Quartz

Credit: Michael Lomax, Impossible Bottle