Archive - Mar 2014 - Blog entry

As Putin rejoices at his new-found wealth in Crimea after it was annexed (in a duff referendum where there was either ‘now’ or ‘later’ up for grabs to join the Russian Federation), the USA is wiping its tears with things that are closer to home and causing a great deal more grief than far off Ukraine. 

Nearly 40% of China lives off of $2 a day. Your average college graduate in China makes just $2,500 per year. In an economy such as this, a rise in prices in costs of living can be devastating for the population.

Computer programs are obsolete before they even get put on the market and it’s been that way for years now. There’s also the added bonus of actually making sure that the buyers keep buying and always want the latest. 

Called the President...

Yes, They're Doing It To Americans As Well...

Like any Ponzi scheme, China growth has topped out and it's all the runners of the con (Chinese Government) can do to keep investors from pulling out of the game

If I feed at the trough, because that is what all cattle do, then I will be slaughtered in the killing house, because that is what all cattle do.

If the idea is to anticipate what an adversary does, it behooves us, even if we do not believe in QE on moral grounds or on efficacy grounds, to consider how the ECB can have QE, which it appears under increasing pressure to do.  Here is such a course. 

We have an economy that is weaker than the headline numbers claim with inflation that is higher than the headline numbers claim.

Dr Strange Zbig...

Unsafe at any speed...

Beijing leadership’s quandary is that the struggle to refashion the Chinese economy with further liberal economics comes up against the determined effort of the CCP to maintain its power monopoly

Waste is a many splendid thing that in all circumstances we attempt to reduce and get rid of, shunning it like a pariah. Well, perhaps almost all circumstances. There are times when waste is just the by-word for government these days. But, are we all equal in the quantity of waste that is generated in our countries’ governments?

From A-Hole in one...

German banks are not heavily exposed to the Ukraine. Germany’s main vulnerability is natural gas.