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Why China’s slowdown is taking a heavy toll on Canada | Jeff Rubin
Why China’s slowdown is taking a heavy toll on Canada | Jeff Rubin. If beaten up Canadian investors are looking to assign blame for the bruising suffered by their portfolios of late, they could do worse than point an accusatory finger at China. The resource super-cycle that drove valuations so much higher over the last […]
Al-Qaeda Declares War on China, Too | The Diplomat
Al-Qaeda Declares War on China, Too | The Diplomat. Al-Qaeda central appears to have joined the Islamic State in calling for jihad against China over its alleged occupation of Xinjiang Uyghur Autonomous Region. This week, al-Sahab media organization, al-Qaeda’s propaganda arm, released the first issue of its new English-language magazine Resurgence. The magazine has a strong focus on […]
The dollar decline continues: China begins direct convertibility to Asia’s #1 financial center
The dollar decline continues: China begins direct convertibility to Asia’s #1 financial center. This morning some of the biggest financial news of the year made huge waves all over Asia. Yet in the Western press, this hugely important information has barely even been mentioned. (CNBC.com, for example, has yet to report on this story as […]
The End Of An Era: Is The US Petrodollar Under Threat?
The End Of An Era: Is The US Petrodollar Under Threat?. Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. The reasons for the cozier relationship […]
Ebola outbreak will hit China, virus pioneer Peter Piot warns | South China Morning Post
Ebola outbreak will hit China, virus pioneer Peter Piot warns | South China Morning Post. One of the scientists who discovered Ebola has warned that China is under threat from the deadly virus because of the huge number of Chinese workers in Africa. Professor Peter Piot also made the grim prediction that Ebola would claim […]
China “Ghost Town Index” – Here Are China’s 10 “Ghastliest” Cities | Zero Hedge
China “Ghost Town Index” – Here Are China’s 10 “Ghastliest” Cities | Zero Hedge. Who can forget China’s ghost city of Ordos: back in late 2009, when the hollow shell behind China’s torrid growth was first revealed to the world, the city near China’s Mongolia border was cooler talk for weeks. Fast forward five years later, […]
China Fake Invoice Evidence Mounts as HK Figures Diverge – Bloomberg
China Fake Invoice Evidence Mounts as HK Figures Diverge – Bloomberg. The gap between China’s reported exports to Hong Kong and the territory’s imports from the mainland widened in September to the most this year, suggesting fake export-invoicing is again skewing China’s trade data. China recorded $1.56 of exports to Hong Kong last month for every […]
Vladimir Putin Is The Leader Of the Moral World — Paul Craig Roberts – PaulCraigRoberts.org
Vladimir Putin Is The Leader Of the Moral World — Paul Craig Roberts – PaulCraigRoberts.org. Vladimir Putin’s remarks at the 11th meeting of the Valdai International Discussion Club are worth more than a link in my latest column. These are the remarks of a humanitarian political leader, the like of which the world has not […]
Burst Chinese Housing Bubble Leads To First Annual Price Decline Since 2012; Prices Drop In Record 69 Cities | Zero Hedge
Burst Chinese Housing Bubble Leads To First Annual Price Decline Since 2012; Prices Drop In Record 69 Cities | Zero Hedge. It has been over six months since the Chinese housing bubble has popped. What’s worse, as overnight housing numbers out of China confirmed, the government has so far failed to contain the fallout, and […]
Meanwhile, This Is Who Is Quietly Buying All The Cheap Oil | Zero Hedge
Meanwhile, This Is Who Is Quietly Buying All The Cheap Oil | Zero Hedge. With the US Shale Oil industry up in arms, Venezuela screaming, and Russia awkwardly quiet (as the Ruble slides with the falling oil price stabilizing domestic inflows), the ‘secret’ Saudi-US oil dealthat pressured prices for crude down to $80 (18-month lows today) has ‘hurt’ a […]
Hong Kong protesters march after fruitless talks with government | Reuters
Hong Kong protesters march after fruitless talks with government | Reuters. (Reuters) – About 200 Hong Kong protesters marched to the home of the city’s Beijing-backed leader on Wednesday to push their case for greater democracy a day after talks between student leaders and senior officials failed to break the deadlock. Others continued to occupy […]
Leading Contrarian Economist: “We Are Coming In On The End Game Here”
Leading Contrarian Economist: “We Are Coming In On The End Game Here”. To say that the U.S. economy is in trouble would be an understatement. According toShadow Stats economist John Williams, we may be on the very cusp of a crisis so severe that it promises to re-write the entire paradigm. Debt is out of control […]
Why Chinese Growth Forecasts Just Crashed To A Paltry 3.9% – And Are Going Even Lower – In One | ZeroHedge
Why Chinese Growth Forecasts Just Crashed To A Paltry 3.9% – And Are Going Even Lower – In One Chart|ZeroHedge Up until a few years ago, conventional wisdom was that China would grow at nearly double digits as long as the eye could see. Then, however, something happened, and China’s 9% growth became 8%, then […]
China’s Vicious Growth Circle by Keyu Jin – Project Syndicate
China’s Vicious Growth Circle by Keyu Jin – Project Syndicate. LONDON – Most economists have a reason to be worried about China’s economy – whether it be low consumption and large external surpluses, industrial overcapacity, environmental degradation, or government interventions like capital controls or financial repression. What many fail to recognize is that these are […]
