(Update: as is common when you link to “copyrighted” content it is impossible to embed it in your blog. If you want to see the 60 minute segment scroll down to the bottom and click on the word segment) Update II: It seems that the globe is catching on to the idiocy of building 12-24 […]
Tag Archives: China
Zero Hedge is very careful in describing military movements if two coastal provinces in China. Something to keep an eye on fir sure! We don’t know if it merely a coincidence that a story has emerged discussing a Chinese mobilization in response to the ongoing territorial feud with Japan over the Diaoyu/Senkaku islands (and the […]
It is said that if the bankers can no longer hide their Ponzi schemes they take us to a hot war. And in true banker tradition it seems they are doing exactly that. Japan which is of course nothing other than a puppet state for the United States is ratcheting up the tension with China […]
Max Keiser on Press TV explains why the dollar will collapse in 2013. He also explains what the tax hikes for the $ 400.000 and over really mean and why inflation means that it means more poverty for the middle class. Here is another link giving more details about the fact that 77% of the […]
China says it is on alert after Japan dispatched fighter jets over the East China Sea. Japanese media report Japan sent F15 fighter aircraft after detecting a Chinese marine surveillance plane in disputed airspace near contested islands in the East China Sea. Chinese Foreign Ministry spokeswoman Hua Chunying told reporters Tuesday Beijing will pay close […]
For those of you unfamiliar with the term rehypothecation here is my post on it from a while ago but in short it means using the same real world collateral multiple times to secure loans. In London the same collateral is sold infinite times to investors who want safe reliable investments and who haven’t a […]
From Zero Hedge Here is a summary of where the world stands: Unable to reach a compromise over the weekend, South Africa is now in an all out labor strike, with the police again firing rubber bullets at miners with lethal escalation guaranteed Back from vacation, the once again penniless citizens of Spain, Greece, and […]
A young colleague of my husband is going on a trip around South America with his partner and expects to be able to find a job and safe up in Perth for what he hopes will be the next step. Here is why he might want to reconsider: Australia which like any other “developed” […]
Here is the link to the Al Jazeera site for a great Documentary about young well educated professionals in China who just like their US and European counterparts can’t find jobs after they finished their university studies! (Sorry can’t embed it)
This weeks Corporate Scamster words are: Channel Stuffing. Channel Stuffing= Channel Stuffing is the practice of sending retailers more product than they can sell. It is used by big Corporations (and not so big ones) to manipulate their sales figures. The idea being that if the product has left the factory floor the sale […]
Hat tip Mick MC… This from Tehran. Four bankers condemned to hang, two to lifetime Prison and the rest of some 36 bankers to jail time of anywhere from 25 years, 20 years, 10 years, to less severe sentences. For what? The embezzlement of a mere $2.6 Billion. In China two female bankers have been […]
Much is dreamed about here in New Zealand, how China is going to take over from the US as it becomes clear that the US is not going to be able to fix itself any time soon. Thing is China build 65 MILLION houses nobody can afford and now it is building English style estates […]
Another nail in the coffin of the country that once was the leader of the free world. SANTIAGO, June 26 (Xinhua) — China and Chile agreed Tuesday to upgrade their bilateral ties to a strategic partnership, and double trade in three years. Chinese Premier Wen Jiabao and Chilean President Sebastian Pinera announced Tuesday the establishment […]
China has been buying lots of gold. China has been making deals with every superpower except the US to deal with these countries in their own currencies. Ad while China as an economic power is collapsing it is clearly not intending to stay depressed very long. In order to recover China has to have access […]
Remember that non-binding piece of paper signed with NATO? Here it comes and forget about the nuclear free zone that was New Zealand because every army uses Depleted Uranium bullets and NZ will not be an exception to that rule. On June 4 NATO’s Secretary General Anders Fogh Rasmussen and New Zealand’s Prime Minister John […]
Sometimes being I able to say “I told you so” leaves you with a very bitter taste in your mouth but here it is. China competed everybody around the globe to smithereens with cheap crap and artificially low prices using their people as slave labour and now there is nobody left to buy their shit. […]
Update; UEFA of course if the abbreviation for a Soccer tournament and might include China. Just goes to show how much I know about sports. I have also been notified that the video has been removed. Send to me by a reader here is a link to a Chinese Olympic advert depicting London being destroyed […]
Washington is forcing as much of the world as it can to overthrow international treaties and international law. Washington has issued a ukase that its word alone is international law. Any country, except those who receive Washington’s dispensation, that engages in trade with Iran or purchases Iran’s oil will be sanctioned by the US. These […]
Just in case you’re wondering how things are progressing towards WWIII here is an update: The USS enterprise readied for a false flag attack in order to get rid of the the old danger and it’s radioactive nuclear reactors in a opportune spot on our globe ready to radiate some 70 million Iranians for the […]
In July 2011 I wrote about China being a barkeeper with only one “big” customer and some little ones. The big one being America. America had been putting his consumption on the tap and was a all out alcoholic. China’s barkeeper was essentially enabling a once rich but now destitute customer with his drug of […]
The huge war thread to be played as and when the financial elite can no longer hide their epic malfeasance and they need a diversion is continuing to deteriorate. Here are some pointers: European countries have not agreed to and economic oil boycott. It will sign no more contracts with Iran and will break the […]
While the London Goldman Sachs boys are getting their massive bonuses and Greece rents out it’s antiquities to stave of its inevitable default which will start the domino crash of the Global finance system, Russia and China are seeing the writing on the wall and are dumping their dollars. In Europe the pressure to fill […]
China has once again condemned the United States’ unilateral sanctions imposed on the Islamic Republic of Iran, saying the US is seeking to internationalize its unilateral sanctions. On Saturday, the Chinese Foreign Ministry says Beijing will maintain its normal cooperation with Tehran in the areas of energy and trade. The Chinese Foreign Ministry made the […]
According to Zero hedge: To all who still think that in the war of attrition between the USD and the EUR (because contrary to what some have “discovered” only recently, currency wars have been going on for a long, long time and will continue to do so, before morphing into trade and real wars), in […]
The only things not taken into account in this article is what would happen if Ron Paul (whom I don’t necessarily agree with on his National policies) we’re to win the election if he was allowed to run, or the military constraints stopped the wars from happening which is not entirely impossible seeing as the […]
When I scour the Internet for News and items I think New Zealanders should know I often think of a man whom while we fell out over my apparent disrespect for ANZAC day I still think of as a friend. I will refer to him as A as I want to protect his privacy. A […]
Now there’s a concept. You rip people off you get the death penalty! That would sort the banks out real quick wouldn’t it? A real estate tycoon in Lishui, Zhejiang Province, has received a death sentence for illegally raising 5.5 billion yuan ($800 million) from the public, reported the Procuratorial Daily on Monday. Ji Wenhua, […]
Just in case you’re wondering if things are any better in China just becasue they make things while earning a slave wage, think again! Over the past week one of the more hotly debated and market moving topics was the resurgence of speculation that China may be on the verge of a “hard landing.” To […]
John Key’s shares are in the BoA. He can’t be very happy about where they are going! Earlier today Bank of America released a presentation and a conference call in which the firm’s head of China equity strategy David Cui spoke about the dreaded “China Hard Landing” or the event that would kill all decoupling […]
