The born-red Xi is still an enigma. He is given the mandate to preserve the regime. His admiration for Song Jiang has never been mentioned inside China or in the gossipy overseas networks. It is intriguing that this predilection for a Byronic hero, if true, was revealed to a foreign journalist. The culturally coded language conveys that Xi is no Maoist. That a man sitting in his chair is a secret admirer of Song Jiang is enough to make Mao turn in his glass coffin.
"The Lock-In Effect of Rising Mortgage Rates"
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Today, in the Calculated Risk Real Estate Newsletter: "The Lock-In Effect
of Rising Mortgage Rates"
A brief excerpt:
Here is new working paper from Feder...
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