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Did anyone else catch that BlowHorn World [CNBC W] commentary after the release? Good lord, it was...it was...incomprehensible.
First, the high CPI was a number that was splitting hairs, the PPI was soooooo much lower than...."expectations"...that it was a leading indicator that inflation is over...and the miss on the industrial production, "Could be good, could be bad."
WTF? It is way past time to start drinkin'.
It is beer o'clock ain't it? Time to throw some fake money around the bar and tip the tender like I care.
It is. Time to crack a two four and watch it burn.
btw the markets will be awesome tommorrow.
Its bleeding red here at the moment. China ready to burst? Hmmm.
That guy from FFT is oz is good, I been following him for a while and he called the market crash in 2008.
I belong to his membership site, its awesome and has live videos and everything to follow along.
Makes it easy to take money from the market even if you are a newbie!.
His new monthly trading club is opening tomorrow, and over at :-
I gotta agree. People who make obscene amounts of money generally keep their mouths shut, at least until they want to become philanthropists, they are not out hustling people. Speaking of hustling, what the fuck is up with that video anyway? Even the bears talking about silver is made better.
I just figured out what CNBC stands for; "Central Neo-Bank Cartel" channel.
The reporters on that channel are Central Neo-Bank Cartel employees.
This revelation makes it a lot easier to see who the reporters on CNBC actually are without the special glasses.
They Live - Obey, Consume, This is your God
I love watching CNBC.
If by CNBC you mean Porno
I wonder what the real numbers are. Im also curious when the effect of compound price increases are really going to take off and show inflations ugly head.
Chinese economic reports: "Making up numbers since 1998"
This is just what they are "reporting". Imagine what the numbers really are.
if other bogus numbers are any indication I believe the range is between 8% and 35% higher
Shit, China, buy more ipads. WTF!
And how long before higher Chinese prices show up at Walmart? Long bicycles.
China: rising wages, rising real asset values
US: falling wages, falling real asset values
That's the difference. They have a classic inflationary spiral from an overheated economy that may be transitioning slowly to stagflation. We're more advanced and sophisticated: we have deflationary changes in individual real incomes and net worth from falling real estate values and offshoring along with spiraling cost of living inputs. We win!
USA! USA! USA!
Watch the dollar strength. This is exactly what timmah prayed for. Sell china equities and buy something denominated in another currency. Let see, not euro cuz of Greece, but what else? Humm
Did you catch that crap on Sqwak on the Street this morning about US and Chinese workers wages getting close to even? I hire trained Experienced IT guys in Shanghai for $1350 Reminbi a month, how many dollars is that again?
Yes. They "borrowed" it from Zero Hedge:
With China Forecast To Reach Wage Parity With The US In Five Years, Is A New Manufacturing Golden Age Coming To The US?
Of course, they only reported one half of the story.
Tyler, privileged you responded. You do a great service on this website! I will read the link, but although wages are rising I don't see parity anytime soon.
Read the full post
Yep, read the whole post. States the case better than me. I am not worthy.
Just respectful, and not obstinate. I would not needlessly offend. You?
I don't think there is a Fight Club rule against sucking up, but I am pretty sure it is frowned upon. If anyone wants to pay some respect, contribute $.
Frowned on by who? And I do plan to donate, just cant at the moment - I am merely one of the working plebes out here in Flyovia.
Why is stating the obvious sucking up?
Inflation is “the most pressing problem” facing China, Vice Premier Wang Qishan said
But we don't have any inflation in Merica according to Ben Bernank who prints dollars like a drunken sailor
Wrong analogy. Drunken sailors spend money. Ben is simply supplying the drunken sailors with an infinite amount of Bennie Bux.
Of course he's spending, how do you think he got that balance sheet.
Ben is spending worse than drunken sailors. He's sitting at the bar at 4 am ordering more shots hoping a couple of Red Bulls will get him to work in the morning. Trust me, I've tried it. Doesn't work.
And the hangover is a BIIITTTTCCCHH!
That's why they invented methylphenidate.
Drunken sailors only spend money until they pass out or run out of money. We should be so lucky.
the Ben Bernanke is doing a public service by devaluing (by printing the money) the "public" debt. and by "public" I mean the debt thrown upon us by the korrupt, to prop up their projects that benefit the few and burden the many.
insert "quote here"
Time for the jasmine-baggers to get uppity again.
China the biggest number fugger on the planet. They are going to blow out in 2011. The BS their numbers and oil goes bid, what idiots.
China's 2011 bust should send oil down, i don't think theywill go into stagflation. just bust. USD should be bid will stabilize oil price for a little while
China no need to worry. China have lots of US$. US have lots of dogs no longer can afford. China want to improve better nutrition. WIN CHINA. WIN US.
hahaha that is funny
I thought they put cat in chinese food..... Wait ,they only put cat in American Chinese food.
Chinese epithet for being worthless: "Wolf's heart, dog's lungs!"
“Another slight uptick in inflation is possible by mid- year, but it seems that for inflation, the worst is nearly over for China,” Alaistair Chan, a Sydney-based economist at Moody’s Analytics said before today’s announcement.
Wow. The sad part is he actually believed what he was saying.
Officials have raised banks’ reserve requirements, reined in credit growth from the record levels of 2009 and 2010, restricted home purchases, and this month fined consumer goods company Unilever 2 million yuan ($300,000) for telling the media that it planned to raise prices.
I am at a loss for words on this one. I can't even come up with something sarcastic to say. The only option now is to lie, or say nothing at all. Zero Hedge could bailout the whole world if they just travel to China and let them levy fines against them. They must be into the quadrillions of Yuan in truthiness.
but, alf_e! don't you know that if there is inflation the banksters and the central planners can always just bring it right under control, with nary an unintended consequece and nothing but white swans, forever, right up there with the freaking unicorns?
HPC Surface Analysis/Radar Loop
this weather map + bong = wwfamine
List of countries by population in 2000 - Wikipedia, the free encyclopedia
GeoHive - Population Statistics
other may prefer the CIA factbook angles.
food is ^^^!!!
the global slowdown + inflation = china stagflation.
china is at least honest with the People of the Republic: we arge to buy gold and silver hand over fist b/c if this fiat shit doesn't work out, you're on your own, and doomed without them.
damned commie mogambos!!!
Statistical bukkake. But I repeat myself.
Where are we individually in the Pyramid of Capitalism.
Before we put a "limit" on debt/deficits. We need to put a lid on the Bernank (preferably a noose; for committing treason handing out money to foreigners while decent Americans were losing their homes)
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