What on earth are you doing here?
You should be over at Will Davies' place, understanding the nature of crises.
When you've done that, you can decide whether John Ross (Economics adviser to a certain K.Livingstone) or Duncan (Ex-Treasury fund manager of a post-Keynesian bent) has the most effective investment strategy for China.
& if, as I increasingly suspect, this government - indeed, this whole parliament - is in the early stages of dying of shame, lefties amongst you might want to wonder if we have any lessons to learn from our Italian comrades who got quite comprehensively hammered this time last year. Go check a variety of views on all this @ Red Pepper.
Addendum - if it's Italy on your mind, don't miss Henry's wonderful review of a new book on the Autonomist movements of the 1970s and their relationship with the PCI over at Crooked Timber.