#Inspirational #Wisdom Quotes - April 2, 2022

 

“False face must hide what the false heart

 doth know.”

William Shakespeare

Inspirational Wisdom Quotes

 April 2, 2022

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#Inspirational #Wisdom Quotes - March 31, 2022

 

I was thinking about how people seem to read the Bible a whole lot more as they get older; then it dawned on me - they're cramming for their final exam.

George Carlin

Inspirational Wisdom Quotes

 March 31, 2022

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 2022 Inspirations and Wisdom

On Stage Performance- Just Too Funny

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#Inspirational #Wisdom Quotes - March 29, 2022

  

. "I hate to hear you talk about all women as if they were fine ladies instead of rational creatures. None of us want to be in calm waters all our lives."

Jane Austen

Inspirational Wisdom Quotes

 March 29, 2022

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#Inspirational #Wisdom Quotes - March 27, 2022

 

Intelligence without ambition is a bird without wings.

Salvador Dali

 Inspirational Wisdom Quotes  

 March 27, 2020 

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CHINA 2015 CRISIS: State -Run Bond Defaults On Interest

Not Concerned About China’s Financial Crisis? You Should Be

In February, IVN reported on a mostly ignoredstudy claiming that the world, especially China, was at risk of default (and possible economic meltdown) because of skyrocketing debt burdens.

On Tuesday, almost all media outlets worldwide picked up on the first Chinese-state owned business allowed to default.

Struggling in a cooling economy, Baoding Tianwei Baobian Electric missed its $13.8 million interest payment due on April 21 for bonds traded within China. Even though it is a state-owned company, Beijing let them default. Read More

What if rates begin to climb too? Oh my...

#CHINA 'S REALTY #BUBBLE TO BURST

Bust looming over China property
 market?

New home prices
 in China have 
soared, more than quadrupling in
 Beijing and Shanghai since 
2003, and more
 than doubling in the country as a 
whole. — Reuters pic - 

BEIJING, June 1 — After years of boom that have seen prices rocket, the prospect of a bust is looming over China’s vast property sector, with authorities hoping to avoid a meltdown that could send shock waves through the world’s second-biggest economy.Housing was doled out by the state when Communist-style collectivism dominated economic management. But in the past two decades that has given way to market-oriented principles as China’s economy has opened.

New home prices have soared, more than quadrupling in Beijing and Shanghai since 2003, and more than doubling in the country as a whole, according to a report by Jeremy Stevens, Beijing-based Asia economist at South Africa’s Standard Bank.

The increases have been a key source of wealth for China’s rising middle classes, and a major driver of the economy.

Now some — including individuals who have made fortunes — foresee imminent disaster.

“I think Chinese property is the Titanic about to crash into the iceberg right in front of it,” Pan Shiyi, billionaire chairman of commercial developer SOHO China, said at a forum, China Business News reported last week.

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 Insights: 


How big is the real estate bubble in China? On good authority we understand that the number of empty homes exceeds 53 million. Clearly we are nearing a collapse, but the big problem will be the ripple effect on the the global economy that could be crippling for years to come.

You knew this  was going to happen sooner or later. Shorting the banking sector is starting to look attractive and it bolsters the prospects for precious metals including Gold!


Investors' Insights
June 2, 2012

Why is the boom ending?   

Investor

Chinese Reports Whipsaw Markets

From the get go  we are highly sceptical of any financial  reports that are  released by  China and all related entities. Remember what we are dealing with here and let's not get caught up in the notion that you can put lipstick on a pig. This is a bubble economy that has been built on suspect banking and business practises with  the plain evidence all around that the ghost cities are being haunted by grim cracks of reckoning.  Times are tough, and so the tendency to dress all the reported numbers remains higher - but these tricks are short remedies that will not prevent the gathering storm from erupting at some point.,

What to do? How do we get a handle on this?  In such circumstances we prefer  primary early indicators and third party data. What are the export/import trends with trading partners?  What are the trends in key material markets, such as copper, tin, cement,oil and so on? How are key retailers like Walmart doing ?   Are they acquiring or selling gold or foreign currency reserves? Put simply, ignore the funny-money economic data and focus on objective verifiable indicators that are closer to the real physical economy.   

 Think different- and be  careful out there ..

Investors' Insights
April 1, 2014

Asian Stocks Swing Between Gains, Losses on China Data

By Yoshiaki Nohara 

Asian stocks swung between gains and losses as investors weighed reports on China’s manufacturing that underscored weakness in the world’s second-biggest economy.

The MSCI Asia Pacific Index was little changed at 138 as of 11:11 a.m. in Tokyo, having swung between a loss of 0.4 percent and a gain of 0.1 percent. Japan’s Topix index also fluctuated as investors weighed a weaker yen against a survey of sentiment among large manufacturers that missed estimates.

China’s official manufacturing Purchasing Managers’ Index rose to 50.3 in March from 50.2 in February. Analysts surveyed by Bloomberg had expected a reading of 50.1, with figures above 50 indicating expansion. The final March reading of HSBC Holdings Plc and Markit Economics Ltd. was lower than preliminary data.

The data implies that first-quarter growth in China is “likely to have fallen below the annual growth target of 7.5%,” Hongbin Qu, an economist at HSBC, said in a statement. Qu expects authorities to fine-tune policy “sooner rather than later” to stabilize growth

Hokkaido Electric Power Co. lost 7.2 percent in Tokyo on a report...

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