It all started with an empty box under the Christmas tree back in 1977. More precisely, it started with several hundred thousand empty boxes under several hundred thousand Christmas trees. They were the year’s must-have gift and the dawn of a whole new merchandising era,...
August 07, 2019
Déjà vu for IOUs — and because this is China we’re talking about, it may be the world economy that ultimately pays. First the headline numbers. The New York Times reports that amid the slowing Chinese economy, where headwinds are getting windier amid a lengthy and intensifying trade war, businesses are accepting IOUs from one […]
December 16, 2017
It all started with an empty box under the Christmas tree back in 1977. More precisely, it started with several hundred thousand empty boxes under several hundred thousand Christmas trees....
