The money network:

The money network:

Why crowdfunding threatens traditional bank lending

China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

October 1986

Bursting the business travel bubble. (intercontinental business travel)

by Randall, Jeff


BURSTING THE BUSINESS TRAVEL BUBBLE

Intercontinental business travel, with first-class tickets, five-star hotels and transfers by taxi, is not most people's idea of a hard life. But at the wrong time, and in the wrong place, it can be. At the least, the resulting jet-lag will blur the brain at a crucial time, and enough of it can be a major cause of executive burn-out.

Behind the airlines' crafted images of almond-eyed beauties service iced bubbly and Russian caviar there is the other side to business travel.

It is a story of idle hours in hostile airports; sleepless nights next to chattering bores; and whitening knuckles in turbulent storms.

But it seems that the more flights one makes, the greater the chance that a really nasty experience will almost certainly occur, as several leading financiers and businessmen explained to Euromoney.

It would be hard to match the ordeal...


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