Home » Posts tagged 'china' (Page 102)
Tag Archives: china
China Cannot Let This Happen
China Cannot Let This Happen After borrowing — and largely wasting — $15 trillion during the Great Recession, China now looks like a typical decadent developed-world country, complete with slow growth, anemic consumer spending and unstable financial markets. But it’s not France, Canada or the US, where recessions happen and voters peacefully replace one major […]
Goldman Strikes Again: Did A Probe Into “Global Warming” Fraud Cost A Prime Minister’s Job
Goldman Strikes Again: Did A Probe Into “Global Warming” Fraud Cost A Prime Minister’s Job When Tony Abbott became Australia’s prime minister in September 2013, the chain of events that would prematurely end his tenure may already have been in motion: just a few months later China would order its out of control shadow banking […]
China’s “Credit Mystery” Deepens, As Moody’s Warns On Shadow Financing
China’s “Credit Mystery” Deepens, As Moody’s Warns On Shadow Financing Last month, we took a detailed look at what we said could be a multi-trillion yuan black swan. In short, one of China’s many spinning plates is the country’s vast shadow banking complex which allowed local governments to skirt borrowing restrictions leading directly to the accumulation of […]
Can Obama Lecture Xi on Human Rights?
Can Obama Lecture Xi on Human Rights? Exclusive: The Obama administration often scolds China over its human rights record – and President Obama is sure to hammer away at those themes in his summit with Chinese President Xi – but it’s hard for the United States not to look hypocritical given its own checkered history, writes Jonathan […]
Equity Markets and Credit Contraction
Equity Markets and Credit Contraction There is one class of money that is constantly being created and destroyed, and that is bank credit. Bank credit is created when a bank lends money to a customer; it becomes money because the customer draws down this credit to deposit in other bank accounts and to pay creditors. […]
“Keep Reporting On Bright Economic Future” – China Ministry Of Truth Demands Media “Properly Interpret” Data
“Keep Reporting On Bright Economic Future” – China Ministry Of Truth Demands Media “Properly Interpret” Data The following censorship instructions, issued to the media by government authorities, have been leaked and distributed online. As China Digital Times reports, propaganda directives issued by the Xinhua News Agency and the Central Propaganda Department show that Chinese media are being instructed […]
Fed’s “Doom Loop” Locks Us On Course for Another Crisis
Fed’s “Doom Loop” Locks Us On Course for Another Crisis Too Much of a Good Thing PARIS – We’ve seen at least three articles explaining why the Fed failed to increase interest rates last Thursday. One says Goldman Sachs is calling the shots now. Another says China has the Fed under its thumb. Still another […]
“Emerging Markets Are On The Verge Of Liquidation” Top Performing Hedge Fund Manager Warns; “QE4 Is Coming”
“Emerging Markets Are On The Verge Of Liquidation” Top Performing Hedge Fund Manager Warns; “QE4 Is Coming” Until recently, John Burbank’s Passport Capital was one of the top 15 performing hedge funds in 2015. Recent events have only led to an even higher YTD P&L making Burbank one of the top performing managers of 2015: […]
Currency Wars, Battles, And Hostile Actions
Currency Wars, Battles, And Hostile Actions With its recent miniscule 2% devaluation of the Yuan, media pundits noted that China had now also entered into the global currency war. What this comment implies is that other countries with the ability to issue or print their own currency, including the U.S., have been participating in a […]
America’s Latest Foreign Policy Fiascos, Part I
America’s Latest Foreign Policy Fiascos, Part I Some 15 months ago I published a piece onAmerican Foreign Policy Fiascos, in which I summarized the significant negative progress that has been achieved through American involvement in Afghanistan, Iraq and Georgia, among others, and then went on to boldly predict that the Ukraine is likewise going to […]
Will The Fed Pick A Winning Combination?
Will The Fed Pick A Winning Combination? It’s highly amusing to read all the ‘expert’ theories on a Federal Reserve hike or no hike tomorrow, but it’s also obvious that nobody really has a clue, and still feel they should be heard. Don’t know if that’s so smart, but I guess in that world being […]
Is Brazil About to Drag Down Spain’s Biggest Bank?
Is Brazil About to Drag Down Spain’s Biggest Bank? The timing could not have been worse. In July last year, an analyst working for Banco Santander Brasil did something he shouldn’t have. He warned the firm’s private banking clients about the economic risks posed by the reelection of Brazil’s scandal-tarnished president, Dilma Rousseff. Those risks […]
Equity markets and credit contraction
Equity markets and credit contraction There is one class of money that is constantly being created and destroyed, and that is bank credit. Bank credit is created when a bank lends money to a customer; it becomes money because the customer draws down this credit to deposit in other bank accounts and to pay creditors. […]
Germany Reintroduces “Border Controls” With Austria, Sends Riot Police As Refugee Crisis Spirals Out Of Control
Germany Reintroduces “Border Controls” With Austria, Sends Riot Police As Refugee Crisis Spirals Out Of Control Two weeks ago, in what was the first official shot across the bow to Europe’s long-standing “Schengen” customs union, we reported that the Italian province of Bolzano across from the Austrian border announced it is willing to “temporarily suspend Schengen” and […]
A Major Bank Just Made Global Financial “Meltdown” Its Base Case: “The Worst The World Has Ever Seen”
A Major Bank Just Made Global Financial “Meltdown” Its Base Case: “The Worst The World Has Ever Seen” When it comes to the epic bubble in China’s economy, it really boils down to one – or rather two – things: a vast debt build up (by now everybody should be familiar with McKinsey’s chart showing China’s […]
