"The Chinese military is in dire need of modernisation to mirror the rise of the country and its growing commercial interests. It is absurd to expect China to continue to play second fiddle to countries such as France and Great Britain. What it needs is good advice and better PR."
By AsianGolfer on China: Projections of power

"Having seen similar statements from other investment bank executives, I think banks still don't understand risk in the way that, say, engineers and (re)insurers do. Banks seem incapable of imagining scenarios where the future is not an exact repeat of the past."
By langbourner on Jamie Dimon warns next crisis could see ‘more volatile’ markets