Home » Posts tagged 'china' (Page 84)
Tag Archives: china
According To Deutsche Bank, The “Worst Kind Of Recession” May Have Already Started
According To Deutsche Bank, The “Worst Kind Of Recession” May Have Already Started One week ago, Deutsche Bank’s Dominic Konstam unveiled, whether he likes it or not, what the next all too likely step will be as central bankers scramble to preserve order in a world in which monetary policy has all but lost effectiveness: “It […]
“Out Of Control” Canada Wildfire Could Double In Size Today: Fort McKay Evacuated
“Out Of Control” Canada Wildfire Could Double In Size Today: Fort McKay Evacuated Since we first reported on the massive fire (and the fallout) that was burning in Canada’s oil sands gateway, Fort McMurray, things have gone from bad to worse. Today we learn that the fire that has already devastated 600 square miles, growing an additional 50% […]
Jim Grant Asks When The World Will Realize “That Central Bankers Have Lost Their Marbles”
Jim Grant Asks When The World Will Realize “That Central Bankers Have Lost Their Marbles” April 15 comes and goes but the federal debt stays and grows. The secrets of its life force are the topics at hand— that and some guesswork about how the upsurge in financial leverage, private and public alike, may bear on […]
China’s Furious Stimulus-and-Debt Binge Backfires
China’s Furious Stimulus-and-Debt Binge Backfires Fabled transition to a service economy? Forget it. The export and manufacturing powerhouse of the world, the locomotive – along with the US – of the global economy, and an indicator of the global economy itself, disappointed economists once again. The operative word in the media today is “unexpectedly.” China has […]
Saudi Foreign Minister Repeats Warning To US Over Sept 11 Law
Saudi Foreign Minister Repeats Warning To US Over Sept 11 Law The biggest financial and geopolitical story from mid-April was Saudi Arabia’s threat that should the US pass a bipartisan law which would take away immunity from foreign governments in cases arising from a “terrorist attack that kills an American on American soil” and specifically could hold […]
Why China Is Really Dictating the Oil Supply Glut
Why China Is Really Dictating the Oil Supply Glut Ship tracking data from Bloomberg shows that 83 supertankers carrying around 166 million barrels of oil are headed to China, which has stockpiled an impressive 787,000 barrels a day in the first quarter of 2016—the highest stockpiling rate since 2014. While the world was speculating about oil prices […]
“China Is Hoarding Crude At The Fastest Pace On Record”
“China Is Hoarding Crude At The Fastest Pace On Record” In the aftermath of China’s gargantuan, record new loan injection in Q1, which saw a whopping $1 trillion in new bank and shadow loans created in the first three months of the year, many were wondering where much of this newly created cash was ending up. We […]
China Stockpiling Oil At Highest Rate In Over A Decade
China Stockpiling Oil At Highest Rate In Over A Decade China might be in the midst of another round of stockpiling, stepping up crude oil imports to fill its strategic petroleum reserve (SPR). The slowdown in oil demand in China is one of the chief concerns regarding the state of oversupply in global oil markets. […]
“China Is Hoarding Crude At The Fastest Pace On Record”
“China Is Hoarding Crude At The Fastest Pace On Record” We now know where most of it went: soaring imports of crude oil. We know this because as the chart below shows, Chinese crude imports via Qingdao port in Shandong province surged to record 9.86 million metric tons last month based on data from General Administration of Customs. As […]
World War III Has Begun
World War III Has Begun The Third World War is currently being fought. How long before it moves into its hot stage? Washington is currently conducting economic and propaganda warfare against four members of the five bloc group of countries known as BRICS—Brazil, Russia, India, China, and South Africa. Brazil and South Africa are being […]
Eugen Bohm Von Bawerk: Chinese Dragon: Breathing Credit Fumes
EUGEN BÖHM VON BAWERK: CHINESE DRAGON: BREATHING CREDIT FUMES Economic forecasting, no matter how complex the underlying model may be, is essentially about extrapolating historical trends. We showed last week how economic models completely fail to pick up on structural shifts using Japan as an example. On the other hand, if an economy doesn’t really change much, […]
While America Debates the $20 Bill, China Moves Closer to Gold
While America Debates the $20 Bill, China Moves Closer to Gold On Wednesday, Jack Lew announced that the US Treasury was following Ben Bernanke’s advice and keeping Alexander Hamilton on the $10, instead deciding to bring Harriett Tubman to the $20. While Lew’s news left America distracted in debate over whose portrait should grace the Federal Reserve’s most popular […]
The “Unequivocally” Divided States Of Canadian Consumers
The “Unequivocally” Divided States Of Canadian Consumers Canada has never been more divided. With Vancouver being taken over by the rich Chinese, and Calgary nearing depression, roles have been dramatically reversed across Canadian provinces as spending in non-energy-producing regions hits a record high relative spending in those dependent on oil… Home prices show the divide between Canada’s […]
Washington Launches Its Attack Against BRICS
Washington Launches Its Attack Against BRICS Having removed the reformist President of Argentina, Cristina Fernandez de Kirchner, Washington is now disposing of the reformist President of Brazil, Dilma Rousseff. Washington used a federal judge to order Argentina to sacrifice its debt restructuring program in order to pay US vulture funds the full value of defaulted […]
China tests ICBM capable of striking US within half an hour
China tests ICBM capable of striking US within half an hour © Anton Denisov / Sputnik Beijing has successfully tested a new long-range ballistic missile capable of engaging any potential target worldwide. The rocket takes just 30 minutes to cover its maximum 12,000km range and can deliver multiple strikes on any nuclear-capable state. The launch […]
