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Tag Archives: china
Let’s Be Real: President Biden Would Probably Be More Hawkish Than Trump
Let’s Be Real: President Biden Would Probably Be More Hawkish Than Trump People who dislike Trump are often reluctant to talk about this, but it looks likely that a Biden administration would be more warlike than its predecessor. In a recent interview with US Department of Defense newspaper Stars and Stripes, Democratic presidential nominee Joe Biden said it’s […]
Weekly Commentary: State-Directed Credit Splurge
Weekly Commentary: State-Directed Credit Splurge New data released Friday confirm ongoing historic Chinese Credit excess. Total Aggregate Financing increased (a ridiculous) $524 billion during August to $40.5 TN, doubling July’s growth and exceeding estimates by almost 40%. It was the strongest monthly gain since March’s record $759 billion. This pushed y-t-d (8-month) growth to $3.828 […]
Economic War with China is the Final Step Before the “Great Reset”
Economic War with China is the Final Step Before the “Great Reset” With the pandemic dominating the news cycle, the general public has been completely distracted from a much more important crisis; namely, the economic crisis. To be sure, economic decay is not as swift or exciting, but I doubt that’s why the mainstream media […]
China’s Rapidly Expanding Credit Affects Global Markets
China’s Rapidly Expanding Credit Affects Global Markets We again are seeing how rapidly expanding credit in China is spilling over into the global market. In reaction to its economy being slammed by covid-19, China like many countries has unleashed several massive stimulus programs to start things moving. Unfortunately for the Chinese people, they have also […]
ASIA, AUSTRALIA, BP STATISTICAL REVIEW, SOUTH EAST ASIA, VIETNAM
Peak oil in Asia Update June 2020 (part 3) Fig 22: The peak of the largest producer China determined the Asian peak From the countries in Fig 22 the 3rd and 4th largest oil importers are Thailand and Indonesia with approximately 1 mb/d each. Fig 23: Thailand is the 3rd largest net importer in Asia […]
Food Shortages Hitting China
Food Shortages Hitting China I have explained many times that while we see this 8.6-wave of the Economic Confidence Model as inflationary, this is strikingly different insofar as it will be on the back of food shortages. I have warned that Socrates was projecting food shortages because of the weather. However, now we have these global elitists […]
China & US War in 3 Months?
China & US War in 3 Months? The former Labor Prime Minister of Australia Kevin Rudd has come out in a piece he wrote in Foreign Affairs – Beware the Guns of August—in Asia. Rudd is claiming that the US and China may go to war in three months ahead of the US elections. This is clearly the […]
Rabobank: Everyone Thinks They Know What’s Going On When They Actually Don’t
Rabobank: Everyone Thinks They Know What’s Going On When They Actually Don’t Try Not To Be Rash(omon) The 1950 movie ‘Rashomon’ from director Akira Kurosawa a classic which infamously telling the story of a terrible crime from four different points of view. The “Rashomon effect” is a related term describing the notorious unreliability of eyewitnesses, […]
China’s Massive Three Gorges Dam On Edge Of Failure
China’s Massive Three Gorges Dam On Edge Of Failure The massive flooding taking place in China continues, for some reason, this story has been widely ignored by mainstream media. It is important because China’s massive Three Gorges Dam is in peril. If the dam fails there will be a staggering loss of lives and property. The Three […]
What? Default? Where? Dollar?
What? Default? Where? Dollar? It won’t come as a surprise to anyone that the first half of 2020 has brought, among many other things, renewed calls for the demise of the US dollar. It’s been pretty much a non-stop call for over a decade now, and longer. But this time, like all previous ones, I’m […]
Phosphate: All hopes rest on Morocco with 75% of remaining reserves
Phosphate: All hopes rest on Morocco with 75% of remaining reserves Source: The world’s longest conveyor belt system. This record setting conveyor belt system can even be seen from space. atlasobscura.com. A winding system of interlinked belts, the extra-long conveyance system transports phosphate ore from a mining operation 61 miles to the sea. Preface. Phosphate […]
“It’s A New Cold War” – China Shutters American Consulate In Retaliation For Houston Mission Closure
“It’s A New Cold War” – China Shutters American Consulate In Retaliation For Houston Mission Closure As one prominent CCP mouthpiece warned yesterday afternoon, China has unveiled its retaliation against Washington for ordering the abrupt closure of a consulate in Houston. And markets aren’t taking it too well, with US futures moving even lower following a sharp […]
China’s Massive Three Gorges Dam Is In Peril
China’s Massive Three Gorges Dam Is In Peril Click On Image To Enlarge Over the last month, most people have not paid much attention to the weather in China. This is because it is not something we dwell upon but it merits our attention because word has been leaking out that China’s massive Three Gorges […]
Blain’s Morning Porridge – July 10, 2020 – The World Shifts
Blain’s Morning Porridge – July 10, 2020 – The World Shifts “Carthago delenda est” Did you feel the world wobble last night? As Washington imposes sanctions on top level Chinese officals over ethnic abuse in Xinjiang, and waits for Trump to sign “autonomy” action over Hong Kong targeting officials over the new security law, […]
China’s Central Bank Vows To Expand Total Credit By 30% Of GDP In 2020
China’s Central Bank Vows To Expand Total Credit By 30% Of GDP In 2020 One of the curiosities about the current global financial crisis is that unlike the global financial crisis of 2008 when a massive credit injection by China sparked a generous reflationary wave around the world which pulled it out of a deflationary […]
