China and Russia are dumping their dollars or have you started growing your own food?

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 […]

‘Sanctions won’t hinder Iran-China trade’

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 […]

World’s Second And Third Largest Economies To Bypass Dollar, Engage In Direct Currency Trade

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 […]

Unrelenting Global Economic Crisis: A Doomsday View of 2012

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 […]

The Euro collapse, FEMA camps and China’s and Indian’s demise it’s all coming to pass as I write this

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 […]

Chinese fund managers sentenced to DEATH for cheating investors out of $1 billion

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, […]

Out Of The “Hard Landing” Pan And Into The “Crash” Fire – Are Things About To Get Even Worse For China?

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 […]

Israeli Organ Harvesting

By ALISON WEIR Last week Sweden’s largest daily newspaper published an article containing shocking material: testimony and circumstantial evidence indicating that Israelis may have been harvesting internal organs from Palestinian prisoners without consent for many years. Worse yet, some of the information reported in the article suggests that in some instances Palestinians may have been […]

Arrest of Rio Tinto executive points to deepening economic crisis in China

The arrest of Stern Hu, Rio-Tinto’s China iron ore executive, in Shanghai on July 5 signals a more aggressive policy by the Chinese regime toward its economic rivals, amid an ongoing slump in export orders and rising unemployment. Fearing social explosions—a danger highlighted by the protests that erupted in Xinjiang on the same day—Beijing has […]

Tumbling tower of China: Amazing pictures of 13-storey block of flats that toppled over

No, no, no, this is not how it goes. If a high rise building collapses it takes the way of most resistance and it collapses into a fine pile of dust into it’s own footprint. This is an anomaly. A newly built 13-storey residential building collapsed in Shanghai yesterday, killing one worker. The block of […]

China’s Economy Grows 6.1%, Slowest Pace in Almost a Decade

Raising productivity has been identified in an OECD report on New Zealand as the country’s greatest medium term challenge. The report, released today, provides analysis of New Zealand’s economic situation, identifies perceived failings and offers a raft of measures on to how to improve them. It noted New Zealand’s economy was now among the most […]

Hyperinflation and US bankruptcy when will the dollar finally being dumped as the reserve currency?

“The implication is that authorities must be selling their dollar reserves in order to stabilise the USD-CNY exchange rate,” Gruenwald, a former International Monetary Fund official about the Chinese central bank. According to Puru Saxena, CEO of Puru Saxena Wealth Management the US is already bankrupt. His argument is that the GDP is US$ 14 […]

Consumer demand slumps in China

BEIJING, China (CNN) — Slumping consumer demand pushed China’s consumer and producer price indices into negative territory in February, state-run media reported Tuesday. Chinese Premier Wen Jiabao delivers his work report at the National People’s Congress. Consumer prices fell 1.6 percent for the month, compared to a year ago, while the producer price index dropped […]