Author: abramicus

China's Biggest National Security Threat - Economic Sabotage [Copy link] 中文

Post time 2015-7-14 05:41:09 |Display all floors
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Post time 2015-7-14 16:30:19 |Display all floors
incarnate Post time: 2015-7-14 12:49

The West has won in this regard.  China's monetary policy is set according to its demands and rewards, not according to China's fundamental national interest.  The overvaluation of the Yuan has been strangling China's manufacturing sector, the goose that laid all of China's golden eggs.  Their new emphasis on growing China's CAPITAL ACCOUNTS SURPLUS simply means, the new normal is to sell the goose for whatever its old bones are worth, and the whole barn as well, because it will make China's CAPITAL ACCOUNTS SURPLUS to rise, even as its productive capacity (and capacity to survive on its own) vanishes.

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Post time 2015-7-16 14:13:18 |Display all floors
CHINA IS STRUGGLING TO KEEP ITS HEAD ABOVE THE WATER, BECAUSE ITS NECK IS TIED TO THE MILLSTONE OF AN OVERVALUED YUAN, COURTESY OF ITS "WORLD CLASS" ECONOMIC TEAM WHOSE MAJOR ACHIEVEMENTS INCLUDE:  CONTRACTION OF CHINA'S MANUFACTURING SECTOR, DECREASE IN CHINA'S EXPORTS, STEADY DECLINE IN CHINA'S FOREIGN CURRENCY RESERVES, COLLAPSE OF CHINA'S HOUSING INDUSTRY, AND MOST RECENTLY, THE BALLOONING AND BURSTING OF THE STOCK MARKET, WIPING OUT TRILLIONS OF DOLLARS OF SAVINGS OF THE MIDDLE CLASS, TRANSFERRED INTO THE ACCOUNTS OF THE LOAN SHARKS LENDING TO MARGIN STOCK BUYERS, AND INTO THE ACCOUNTS OF BROKERAGES AND BANKS SERVING THE IPO AND SECONDARY STOCK MARKETS.

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Post time 2015-7-17 23:30:58 |Display all floors
https://www.youtube.com/watch?v=uhZQV9S-q00

Marc Faber: The Chinese Will Not Print Money

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