
“My goal over the course of the next year is for China to recognize that it is also in their interest to allow their currency to appreciate because, frankly, they have got a potentially overheating economy,” Obama said.
Mr Obama, debt is the problem, not China.
The American government debt is well over $50,000 per [...]
March 8, 2010 | Posted in
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“Our retaliation should not be restricted to merely military matters, and we should adopt a strategic package of counter-punches covering politics, military affairs, diplomacy and economics to treat both the symptoms and root cause of this disease,” said Luo Yuan, a researcher at the Academy of Military Sciences in China.
All Empires rise and fall, and [...]
February 17, 2010 | Posted in
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“This year we will continue to control the pace and demand of the credit supply,” Mr. Liu said at a conference in Hong Kong. All banks, he added, had been ordered to “heighten their vigilance against an impossible, embedded credit risk.”
For about a year now, China has been giving signs and exerting influence on world [...]
January 20, 2010 | Posted in
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How do these nine politicians keep the exchange rate low? They buy U.S. dollars. Importantly, these nine men don’t just sit on stacks of dollar bills… They invest those dollars in U.S. Treasury bonds.
China wants to take advantage of the global economy, but refuses to play by the rules. If they do not trade fairly [...]
January 9, 2010 | Posted in
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“The Chinese side expresses strong dissatisfaction and resolute opposition to this ruling,” the Commerce Ministry said Thursday in a release. It called on Washington to “correct its mistake” and avoid trade protectionism.
For years analysts have predicted that the U.S. would begin imposing trade barriers on imports from China now that China stopped buying Treasuries from [...]
January 2, 2010 | Posted in
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Crackdown: China has stepped up efforts to halt the explosive growth in credit.
China is seriously harming Western economies and a number of local jobs at the same time promoting the sub standard pay to their own people with very poor quality control and safety only to ensure growth is sustainable; this is a very sick [...]
December 2, 2009 | Posted in
Eurasia |
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People forget the reason Adolph Hitler came into power was due to the Great Depression. People forget the political consequences of economic greed, corruption and bubble creation is always the rise of a strong man to deal with the chaos.
The question is: Should Dubai borrowed money to Creditor build projects and money raised from investors [...]
November 27, 2009 | Posted in
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“The market reaction shows how vulnerable some economies are to the aftermath of the debt binge. This highlights how fragile confidence is.” Gerard Lyons, chief economist.
This just shows the disconnect that governments have with their citizens. We are not considered citizens to politicians; we are regarded as consumers. That’s what Barack Obama and Bush’s main [...]
November 27, 2009 | Posted in
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“A DEADLY plague could sweep across Europe, doctors fear, after an outbreak of a virus in Ukraine plunged the country and its neighbours into a state of panic.”
Flu may become major drag on growth
By Kim Yoon-mi Korea Herald November 15 2009
The spread of the H1N1 flu is likely to dampen Korea’s chances of achieving positive [...]
November 17, 2009 | Posted in
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“The day they decide to float their currency you are going to get huge reversals of financial flows around the globe, which will affect all exchange rates, that’s why I compared it to a tsunami,” he said.
The demise of Communist China is inevitable. It’s a ticking time bomb just ready to implode and splinter into [...]
November 11, 2009 | Posted in
Eurasia |
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