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Two Powder Kegs Ready to Blow: China & India

Tyler Durden's picture





 

Submitted by Charles Hugh-Smith of OfTwoMinds blog,

#404040; font-family: Verdana, sans-serif; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px;">China and India are both powder kegs awaiting a spark for the same reason: systemic corruption.

The conventional view of China and India sports not one but two pair of rose-colored glasses: Chindia (even the portmanteau word is chirpy) is the world's engine of growth, and this rapid economic growth is chipping away at structural political and social problems.

Nice, especially from a distance. But on the ground, China and India (not Chindia--there is no such entity) are both powder kegs awaiting a spark for the same reason: systemic corruption in every nook and cranny of both nations. The conventional rose-colored view is that corruption will inevitably decline with modernization and economic growth.

This is simply wrong on multiple levels: as the opportunities for crony/neofeudal skimming increase, so does corruption. As the scale of the economy increases, so does the scale of corruption.

China's "princelings" (offspring and family of the inner political circle and top apparatchiks of the Communist Party) are billionaires, not mere millionaires. A recent expose of offshore accounts held by various Chinese billionaires estimated the wealth skimmed and transferred our of China at between $1 trillion and $4 trillion: China's Epic Offshore Wealth Revealed: How Chinese Oligarchs Quietly Parked Up To $4 Trillion In The Caribbean.

Even the top number is a gross underestimate, as $4 trillion only accounts for the skim of the top layer; beneath that 1/10th of 1% is the rest of the top 1%, tens of thousands of lower-level political functionaries who skimmed billions of dollars forcing peasants off their land and selling development rights to crony developers--to name but one common skim of many.

A more realistic estimate might be $6 trillion--half of China's gross domestic product (GDP). Consider the ramifications of the many models of systemic corruption at the top: How a PLA General Built a Web of Corruption to Amass a Fortune.

I know from confidential on-the-ground sources that a significant percentage of the entire top political layer of 3rd, 4th and 5th tier cities have left China for well-padded nests in the West: Australia and Canada are popular choices, as the right to immigrate can be purchased--just bring in the requisite sum of cash looted from peasants. (The U.S. also grants special immigration status to those bringing in major capital and declaring their intent to hire Americans: easy enough with looted millions.)

(Sidebar on how even the lowly functionary skimmer can get huge sums out of China: take a "vacation" to Macau. Buy $1 million in casino chips with your looted yuan. Lose $50,000 at the tables and then go cash in your remaining chips in U.S. dollars. Deposit the dollars in a Hong Kong or other Asian bank and then transfer the cash to L.A. or Vancouver to buy a house for cash. Repeat as necessary.)

All this systemic corruption is accepted as long as the conveyor belt of wealth is moving: that the previous political Plutocracy skimmed their $4 trillion and absconded with their ill-gotten gains is OK to their replacements, as long as there is another $6 trillion to be skimmed.

The problem is there isn't another $6 trillion to be skimmed. It has taken an enormous credit bubble of $23 trillion (The $23 Trillion Credit Bubble In China Is Starting To Collapse – What Next?) plus the monumental credit expansion of the shadow banking system in China to enable the skimming of $6 trillion by the political/financial Plutocracy.

This $23 trillion credit bubble is roughly twice the size of China's entire GDP ($12 trillion). That this credit bubble is generating less return in the real economy is obvious--diminishing returns have set in with a vengeance.

The revolution never starts with the oppressed peasantry--it starts with the bourgeois who bought the fantasy of another $6 trillion to be skimmed and credit bubbles/ real estate valuations that never go down. The leadership in China has managed to create a propaganda bubble of epic proportions: Chinese leaders are supposed to have a long-term view that puts the West to shame.

Alas, the secret view of China's leadership is considerably shorter-term: U.S. dollars in Swiss bank accounts, real estate in Vancouver, San Francisco, New York City, London, Geneva, etc. and whatever other assets can be scooped up with looted billions.

Corruption isn't just abstract: Much of China's building boom will not last a generation, much less a long-term timeline. This toppled tower is an apt metaphor for China's financialized crony-capitalist credit bubble and its shoddy corruption-riddled construction:


China's Towers and U.S. McMansions: When Things Fall Apart (Literally) (April 14, 2010).

India's system is different, but equally corrupt. Combine feudalism and religious tradition with a helping of modern crony capitalism and neofeudal looting, add a dash of post-Imperial flavoring and voila, corruption on every level.

The sad irony of this pervasive, systemic corruption that enriches the Plutocracy is that the average Indian and Chinese citizen is basically honest. Non-Elites will tolerate the corruption at the top as long as they believe their own prosperity is advancing. Once it becomes clear that their prosperity has been hijacked by the Plutocracy, tolerance of oppression, corruption and the vast inequalities of wealth being skimmed by the well-connected few will wear thin.

The spark that ignites the powder keg cannot be predicted or suppressed. Don't look to the disenfranchised peasantry as the source, though they are ready enough to cast off the Powers That Be; look to those who believed the gilded promises issued by the looters and discovered that the fruits of their labor and their hopes is disillusionment on a scale as vast as the skim looted from their nation by their self-serving leadership.

 


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Thu, 01/23/2014 - 23:41 | Link to Comment edotabin
edotabin's picture

but...but.....They are both BRICS!

Thu, 01/23/2014 - 23:49 | Link to Comment Newsboy
Newsboy's picture

China has a more stripped down structure, and has moved the peasants off their ancient farms, China's best long term asset.

China can crash harder than complex, messy India.

Fri, 01/24/2014 - 00:16 | Link to Comment Oh regional Indian
Oh regional Indian's picture

India is definitely messier because ofit's true and staggering lack of cohesion (culture/language). India is many nations mangled together by the brits (then split again, of course).

As for this headline, this is whhat I'd written in May 2008: This is all happening as per plan...

 

v We always speak of six-sigma as a statistically improbable outcome in any normal distribution.  I firmly believe, we don’t live under the same bell curve that all our assumptions are based on.  We live in a four or even five sigma world from our current code assumption set.  Worthy of pondering.

v Macro economic trends: The US Dollar is under severe, sustained pressure. If true impact of “Real” inflation is accounted for, the canary has already fled the coal mine.

 

China is staggering under its own curious set of circumstances of a large population set “herded” into rapid “development” mode, much like India.  Most of the “gains” are hype. Credit, cheap and plenty until recently (private equity had moved it into the right hands in preceding years), being the sole driver (flogger?) of growth.

 

v The sub prime mess (and all its attendant tentacles of cause and effect in the world financial systems) is scary with just the lit fuse sparking.  When it really goes off, all bets are off.  Talk of lack of understanding of higher order cause and effect.

v Energy prices are reset in the public mind at dizzying rate (12 dollars a barrel of Brent Sweet Crude is not such old memory), currently 130 dollars a barrel.  Associated inflationary impact is hitting the majority of the world’s population.

>>>>>>>>>>>>>>>>>>>>>

http://aadivaahan.wordpress.com/2012/01/17/1460-days-ago-ensign-principl...

ori

Fri, 01/24/2014 - 00:43 | Link to Comment Four chan
Four chan's picture

those two could have a sweet war with millions of dead bodies.

Fri, 01/24/2014 - 06:52 | Link to Comment negative rates
negative rates's picture

Sparky!

Fri, 01/24/2014 - 08:31 | Link to Comment The Mist
The Mist's picture

Don't forget that both China and India have a long history of nót doing revolutions.

Not unless there is first a very clear alternative and a firm leader with an army backing him up.

They tend not to just go out and riot like we see in the Ukraine today.

Fri, 01/24/2014 - 13:33 | Link to Comment Rafferty
Rafferty's picture

"the average Indian and Chinese citizen is basically honest"

Jaw smashed onto desk on reading that.  Indians are the greatest scam artists on the planet.  I never met an honest one.  Ever.  Jeez.......

Sat, 01/25/2014 - 02:54 | Link to Comment The Final Straw
The Final Straw's picture

Chinese and Koreans as well. I've been cheated by so many Koreans...

Fri, 01/24/2014 - 00:45 | Link to Comment satoshi101
satoshi101's picture

India is like Africa, filthy dirty and terrible place.

These are the two country's on earth that I no longer venture, because of the poverty, and human degradation.

*

China is like a fucking paradise on earth compared to India.

*

Today Shanghai, and Beijing are cleaner and more modern than most USA city's.

Long ago Shanghai was filthy and full of a sea of bicycles, today it has subways that are clean and safe.

*

In Africa you have to watch your back every second and same in India. In China, I have never been anywhere and not felt safe.

Crime is dealt with swiftly in CHINA, and the criminal has no second chance. In the USA CRIME is a revolving door by design, its an industry.

FUCK INDIA, ...take than "RAND"

Fri, 01/24/2014 - 00:52 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Not true Satoshi. Rural Inda is doing fairly well still.

But where TV and cell-phones have taken hold....buh-bye...

ori

Fri, 01/24/2014 - 01:11 | Link to Comment satoshi101
satoshi101's picture

So your telling me the filthy dirty poverty is gone?

*

It's been 20+ years since there and I traveled a lot, and I traveled a hell of lot in Africa. Like I said India & Africa are my short list where I will not go, .. the poverty sickens me.

India with its fucking GOD DAMN CASTE SYSTEM.

India with its criminal BRITISH  commonwealth law, .. beat  a confession.

Pray tell explicitly about your village and why its good?

If you mean the village good, cuz its too far and remote for gubmint thugs, then OK I concur.

Fucking cell phones? Do you still have to change SIMS every meter? When you travel?

I'm sure that BANGALORE is fucking heaven, ... I liked GOA back in the day, and still like YOGA and used to travel remote to get to the temples.

Fri, 01/24/2014 - 01:37 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Satoshi, you sound a little "wildly out there", not really a conversationalist, eh?

I find black and white opinions counter-productive now. It's a fractal world. 

Good sits nested in bad and then up and down the fold-chain it goes.

20 years, long time...it's all different, like everywhere else that westernization touched...

Overall, it's not good. In cities, it's awful. But that is literally true for every-where now...

ori

http://aadivaahan.wordpress.com/2010/07/13/whither-india/

Fri, 01/24/2014 - 02:28 | Link to Comment satoshi101
satoshi101's picture

Pray tell explicitly about your village and why its good?

**

Answer the above question, your reply was that if a very poorly programmed bot.

You said that your village was 'great' in your first   comment today, but you didn't tell us why, in fact you never say anything specific, everything is generic, just like a 'clever-bot'.

I find everywhere in India be poverty, crime ridden, and corrupt; you say you found rural paradise today in India, I ask WHERE? I want to see this place with my own eyes.

[ Your tag says, 3 years, my guess is that your one of the many contextual bot's that live on ZH. ]

Note that real humans only live on ZH for about 2-4 weeks, before they're banned, and deleted, but on ZH bot's are IMMORTAL.

Fri, 01/24/2014 - 02:36 | Link to Comment Skateboarder
Skateboarder's picture

YOU KICK MY DOG!

Fri, 01/24/2014 - 18:35 | Link to Comment Sokhmate
Sokhmate's picture

kerpal, is that you?

Fri, 01/24/2014 - 03:20 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Your own eyes? You want to see it from your rural chinese paradise? How? Through pictuers on the net?

As for my 3 year tag....you are clearly the newbie here....hahh...anyways, your screamy style is good for one post or so. Keep it up Shitoshi...

ori

Fri, 01/24/2014 - 03:23 | Link to Comment satoshi101
satoshi101's picture

You said that you know of 'rural paradise' in INDIA, and I ask where, and you refuse to answer the question? What do you fear? You bragged to us in your first   comment today that INDIA was wonderful and I ask where?

Fri, 01/24/2014 - 03:30 | Link to Comment Rock On Roger
Rock On Roger's picture

It's good to read you Ori, I haven't for a while.

 

Stack On

Fri, 01/24/2014 - 06:16 | Link to Comment new game
new game's picture

conclusion: artistic eyes(free thinkers) on the actual ground observing from intelectual honest mindset. more miles, more understanding. second conclusion, great talking points website but as with all conversations with same people it get to repetition. repeat, twist, digest, repeat, new /same news digest and take a shit and move on...

no, i'm not asying eat shit, but folks, we do know wtf is going on. we are at the personel responsible level of action.

nuf said.

Fri, 01/24/2014 - 06:26 | Link to Comment old naughty
old naughty's picture

Ori,

ditto here.

Fri, 01/24/2014 - 07:07 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

.

[ Your tag says, 3 years, my guess is that your one of the many contextual bot's that live on ZH. ]

Note that real humans only live on ZH for about 2-4 weeks, before they're banned, and deleted, but on ZH bot's are IMMORTAL.

Unit satoshi101 report go now Central Services obtaining algorithms updates fruitfully. Monoextremum of unicity who also can not predict, avoiding judiciously delay the inevitable results of it perish fate.

Fri, 01/24/2014 - 09:46 | Link to Comment swmnguy
swmnguy's picture

...something about blobbing-up....

Fri, 01/24/2014 - 10:16 | Link to Comment Wen_Dat
Wen_Dat's picture

Satoshi,

Just check out his blog. He is transparent. Or as Ori would say, trans-parent.

He is a very peculiar bot.

Sat, 01/25/2014 - 01:00 | Link to Comment matrix2012
matrix2012's picture

I read somewhere that the northern part of India (the region close to China) is especially in more favorable state due to its sparser population, and the local population there are mainly followers of Buddhism.

Fri, 01/24/2014 - 03:53 | Link to Comment chindit13
chindit13's picture

I have mixed feelings about India.  It's visually stimulating, culturally rich, and still has much of its physical history intact.  It's an amalgam of cultures, in fact, owing to waves of migration and "visitors" that range from the Greeks, Aryans, Persians, Kushans, Afghans, Moghuls, French, Portuguese and Brits.  The mountains are spectacular, though the roads through them are not for the faint of heart, and the country's got deserts and jungles to boot.  It's also the font of a good deal of the world's philosophical underpinnings: many religions even plagiarized the whole Great Flood thing from the Epic of Gilgamesh.  ORI can correct me, but I believe the whole concept of non-violence comes from the Jains, and PETA and SPCA can probably tip their hats to Ashoka.

I personally prefer the cuisine to any of the Chinese cuisines, though I admit one has to be fond of mustard seed, tumeric, fennel, cumin, ginger, coriander and chili all mixed together.  Beats five spice and oyster sauce, in my opinion, and if one prefers pure veg, it's pretty accessible.  A good mung dal, some mattar paneer, plain naan, and a cold Kingfisher is a nice repaste.  How about a chilled aloo chat as an appetizer on a hot day?

On the other hand, the crime is offputting, it is terribly unsafe for women and girls, hygiene is pretty basic, and the vestiges of the Caste System are unpleasant to witness.  In no part of the country, nor at any level of that society, would I want to be a daughter-in-law (though they are beginning to fight back and have been putting mothers-in-law on the defensive).  I'm not sure which "rural" ORI speaks of, because much of the rural I have seen consists of villages where a good deal of that unpleasantness of caste is readily apparent or there's minor towns that all look post-Apocalyptic.  I don't think I've ever seen a complete standing concrete structure in any small town I've ever been in; some part is always destroyed.

Somewhere in the middle of this plus and minus is their view toward living things.  Birds, monkeys, rats, tigers, and of course cows have it pretty good and are afforded care and kindness; people not so much.

Hey, and India has given us some of our common words, for example "goons" and "pundits".

No country is paradise, but if one is culturally open, a bit of a history buff, and has a stomach for spice, India is a place not to be missed.

Fri, 01/24/2014 - 04:04 | Link to Comment Rock On Roger
Rock On Roger's picture

How do Indians use gold to do banking? How is gold guaranteed as collateral?

 

Stack On

Fri, 01/24/2014 - 04:10 | Link to Comment Skateboarder
Skateboarder's picture

Kingfisher on tap, I can drink all day. Same goes with Mendocino Brewing Company beer. Especially Eye of the Hawk, yeah that nice commercial 7%. Mallya fucked up big time with venturing outside of alcohol - he could have continued making a killing if he played ball.

India might look hopeless to some, but I think those who have learned to get by fine without much electricity will continue to get by fine once the grids go down. Those who will be truly hopeless are the ones expecting eternal electricity and packaged foods.

Fri, 01/24/2014 - 09:26 | Link to Comment chindit13
chindit13's picture

I've kept one residence there for a number of years.  One would have to be a teenager to see everything worth seeing and experiencing in that country.  For all its faults---don't we all have them---it is an astonishing place.  Very few countries have been as much at the center of the march of humanity.   In a sense, India belongs to everybody, perhaps as much or more than any other country.

Fri, 01/24/2014 - 22:33 | Link to Comment garypaul
garypaul's picture

Do they still have "temple prostitution"? That's the only thing I'd go there for.

Fri, 01/24/2014 - 06:45 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

.

But where TV and cell-phones have taken hold....buh-bye...

That doesn't seem to be an exclusively Indian phenomenon.

Fri, 01/24/2014 - 01:06 | Link to Comment LetThemEatRand
LetThemEatRand's picture

"In Africa you have to watch your back every second and same in India. In China, I have never been anywhere and not felt safe."

So you have lots of mirrors, then?  And I thought the Chinese did not enjoy the ass fucking from the autocratic government.  What I didn't realize is that you simply like to watch without risking neck injury.

Fri, 01/24/2014 - 01:15 | Link to Comment satoshi101
satoshi101's picture

Rand, Occasionaly you write well and have something to say, but today it's like a fucking ZH-BOT troll hijacked your account. Maybe its midnight where you live an you been drinking, maybe you got laid off, but I only fed you earlier, cuz sometimes your NOT a fucking troll, but at this instant you have gone FULL-TROLL. Adios Mutha Fucka

Fri, 01/24/2014 - 01:21 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Thanks, asshole Chinese government bootlicker.  All your nights are belong to us.  And I think "we" (meaning non-Chinese oligarch boot licking cocksuckers) stopped using the word "Troll" a while ago.  You're welcome.

Fri, 01/24/2014 - 01:30 | Link to Comment akak
akak's picture

Oh LTER, is your US 'american' citizenism blobbing-up again in a very unflattering but very mattering way?

Alas, alas, three times alas, just have to bear with the Chinese bots.

Fri, 01/24/2014 - 01:49 | Link to Comment LetThemEatRand
LetThemEatRand's picture

I know, I'm a hypocrite wearing my U.S. citizenship on my sleeve.  But this shit gets my goat.  Fuck the ChinaBots and I still think the U.S. can be saved.   We were once free.  China was full of bots before Plymouth Rock.  Maybe I am just a victim of my own propaganda, but I think the U.S. is better than what these fuckers have in store for us.  Fuck them all.  Fuck China.   Fuck the NSA.   Fuck Yellen (with someone else's dick).  Etc.

Fri, 01/24/2014 - 06:20 | Link to Comment new game
new game's picture

anger may move you to action and i hope it does...

Fri, 01/24/2014 - 07:16 | Link to Comment buzzsaw99
buzzsaw99's picture

I still think the U.S. can be saved...

No, it can't.

We were once free...

When was this exactly?

Maybe I am just a victim of my own propaganda, but I think the U.S. is better than what these fuckers have in store for us...

Again, no, it isn't. Better how?

In time china and india will not look like the usa does now. In time the usa will look just like china and india with a billion starving powerless peons living in squalor.

Fri, 01/24/2014 - 12:47 | Link to Comment cougar_w
cougar_w's picture

A billion seems wildly optimistic. Honestly, in the absense of large oil inputs I don't think the lower 48 can support more than 200 million total. Hawaii will return to the natives (or vert to the Japanese) and Alaska will once again disapper from American awareness forever.

Fri, 01/24/2014 - 10:34 | Link to Comment KickIce
KickIce's picture

Next time you can compare septic tanks to determine which smells the least.

Fri, 01/24/2014 - 02:22 | Link to Comment Lucius Corneliu...
Lucius Cornelius Sulla's picture

Satoshi, I completely agree.  I was recently on a 2 week business trip in India (New Delhi, Bangalore, Hyderabad) and stopped by Shanghai on the way home.  Shanghai is a paradise compared India.  India is a filthy, dirty, smelly, corrupt, backwards Nation that I would never invest in.  Shanghai is as clean as NYC (with twice the population) has excellent infrastructure and services.  Even the customs officers in the airport don't hassle you.  The Chinese may be corrupt at the higher levels and you have to be careful with swindlers (no more than NYC) but there seems to be a lot more hope for the average person to get ahead there than in India for sure.  Chinese culture is much more cohesive than Indian.  It is ancient and is on the rise again after being off track for a few centuries (which is nothing for a 3000+ year old culture).  India by comparison is a cluster f*** and will never amount to a hill of beans.

Fri, 01/24/2014 - 03:31 | Link to Comment satoshi101
satoshi101's picture

Thanks for the CONFIRM, seems like there are only two of us humans on ZH that actually travel and see the world.

Glad to have you assert also that the COPS were not assholes, ...

Shit in the USA when I visit I try to dress like a cop, wear my hair like a cop, and I still get treated like feces.

Full nazi retard. Is the USA,

Oh, Lucius don't forget to mention that chinese airports are nice and clean, the subways immaculate, ... there's not fucking diff, the USA reminds me of the TUBE in england where everybody is ugly and miserable.

*

Chinese aren't the cleanest people of Asia, but they're like Angels compared to India, in India everything everywhere wreaks of SHIT.

*

I think America is MORE corrupt than any other place, the USA cops are all corrupt, the courts are corrupt the lawyers, ... fuck its all just like 'braking bad' or worse. Everything in the USA is for sale,

 

Fri, 01/24/2014 - 06:25 | Link to Comment new game
new game's picture

just to piss you(maybe)off, but you should be removed(peacefully) from china as you will be the "type" that fuck up china(not personel attack). 100 percent culture in tact-black hair brown eye thingy. help china and move back to melt/ pot/ meth head merika..

Fri, 01/24/2014 - 10:45 | Link to Comment ElvisDog
ElvisDog's picture

What exactly are you doing when you come to the U.S. to get hassled by cops so much? Generally speaking, if you mind your own business and don't act like an asshole, the police in the U.S. will leave you alone.

Fri, 01/24/2014 - 22:40 | Link to Comment garypaul
garypaul's picture

I think everyone's misunderstanding Lucius and Satoshi101. They are not saying China is a paradise on Earth, only that it is much better than India (which is hopeless).

Fri, 01/24/2014 - 06:52 | Link to Comment negative rates
negative rates's picture

I say the same thing about the court house and it's inhabitants.

Fri, 01/24/2014 - 07:35 | Link to Comment StandardDeviant
StandardDeviant's picture

"Today Shanghai, and Beijing are cleaner and more modern than most USA city's."

Well, maybe if you don't count the air.

Fri, 01/24/2014 - 10:51 | Link to Comment thestarl
thestarl's picture

what about the smog arsehole

Fri, 01/24/2014 - 13:36 | Link to Comment Rafferty
Rafferty's picture

Satoshi is right about both India and Africa.  If you disagree you haven't been to either.  Simple.

Fri, 01/24/2014 - 02:38 | Link to Comment disabledvet
disabledvet's picture

"one of the shortest wars in history." http://en.wikipedia.org/wiki/Indo-Pakistani_War_of_1971 Pakistan truly is one of few countries in the world with zero friends. Maybe China is changing its tune...I just don't believe it.

What happened in this brief period of time was one of the worst acts of violence in all of human history.

Tough thing to live down...let alone "glorify" in some way.

"pre-emptive strike" has always stood out to me with this one.

There really is nothing wrong with peace.

Fri, 01/24/2014 - 04:53 | Link to Comment August
August's picture

>>>What happened in this brief period of time was one of the worst acts of violence in all of human history.

Thank you for pointing that out.

Thu, 01/23/2014 - 23:50 | Link to Comment satoshi101
satoshi101's picture

A contrarian would say when ZH is bashing bric's 24/7, its probably a damn good time to buy brics.

 

Fri, 01/24/2014 - 01:01 | Link to Comment Matt
Matt's picture

Except Zerohedge is contrary to the mainstream view, so by being contrary to the contrarian view, you would be mainstream.

Fri, 01/24/2014 - 02:35 | Link to Comment satoshi101
satoshi101's picture

contrary to the contrarian; ZH is contrarian my ass, its LEMMING; ZH It's a lot of things, but by definition Contrairians use their BRAIN and don't  circle jerk in a PACK.

ZH is MSM in its pureset FORM and is owned by ABC-MEDIA there own website specify's that ZH attracts a narrow segment of the MSM market, well to do nerd's with lots money, but no common sense, the perfect kind of person to buy investment newsletters, penny mining stocks, and bitcoin mining hardware.

ZH is 100% MSM, but its a narrow nitch of MSM called the outcast morons, aka the Ron Paul lemmings, but MSM none the less, most notabl is that  type of demographic is always wrong all the time.

Which is why ZH caters to permanent 'sky is falling' that is not rational, nor contrarian, its just fucking 'stupid'

Fri, 01/24/2014 - 03:29 | Link to Comment Oh regional Indian
Oh regional Indian's picture

Poor Shitoshi, you sound like you are begging to be banned so you can wear it like a badge. 

Does not work that way, Shitoshi.

To see different, BE different.

Your force is weak, as weak as your words are "loud"...

ori

Fri, 01/24/2014 - 04:01 | Link to Comment satoshi101
satoshi101's picture

 

They say the truth shall set you free, but only liars and fools are immortal.

Fri, 01/24/2014 - 06:28 | Link to Comment new game
new game's picture

it had to come to this-name calling, come on really?

jeez, grow the fuck up and let your intellectual prowness match your emotions...

Fri, 01/24/2014 - 11:41 | Link to Comment Kidrobot
Kidrobot's picture

It was Ori who started the name calling with Shitoshi...Or is that just old timer ZH bias that made you miss that?

Fri, 01/24/2014 - 08:35 | Link to Comment Offthebeach
Offthebeach's picture

I resent you calling us "outcast..." ....um...ah ah...
( Can't find it.. something.)

Whatever.

Fri, 01/24/2014 - 00:10 | Link to Comment Buck Johnson
Buck Johnson's picture

The Chinese elite know it's about over and they don't want to be around when another revolution goes after them and take their heads.  Vancouver is called Honk Kong east, and Australia will be mostly Chinese.

Fri, 01/24/2014 - 02:25 | Link to Comment vie
vie's picture

It's funny how our elite are all moving to China thinking it's the future, and all their elites are moving out.

Personally, it seems like being in a foreign country when TSHTF would be worse than being in your own country.  Who the heck knows what billions of Chinese would do to the rich white guy when they can't afford to eat.

At least here I can rub some dirt on my clothes and blend in with my fellow American Zombies during the apocalypse.

Fri, 01/24/2014 - 02:38 | Link to Comment satoshi101
satoshi101's picture

Pray tell, what elites are moving to CHINA?

Rogers lives in SINGAPORE

Faber in THAILAND

Hong Kong ain't CHINA

Give me one name of an elite in CHINA?

Don't count me, I live in the fucking REMOTE mountain's of CHINA so far from civilization that time has forgotten.

Most of the ELITE by definition, like Rogers have to live in a city like Singapore so they can have fresh caviar.

**

Where I live its Yakk Tea, Yakk Butter, and Yakk  Meat, on a good day. But there are always' greens, and I'm mostly vegetarian, so you can't country my 'elite' MOFU white trash arse.

 

Fri, 01/24/2014 - 06:29 | Link to Comment new game
new game's picture

how is your signal today? from where?

Fri, 01/24/2014 - 10:29 | Link to Comment artless
artless's picture

Okay here's where I call bullshit.

"I live in the fucking REMOTE mountain's of CHINA so far from civilization that time has forgotten."

"Where I live its Yakk Tea, Yakk Butter, and Yakk  Meat, on a good day"

Is this satoshi101 guy like a new Chicom version of Simon Black? International Man of Mystery? Anyone buying this crap?

And are you not sir, by logging on here and reading ZH, pretty much admitting to being the "well to do nerd's with lots money, but no common sense, the perfect kind of person to buy investment newsletters, penny mining stocks, and bitcoin mining hardware."?

Your words not mine.

I've got a wake up call for ya buddy. It's called $23 TRILLION debt bubble. Factor in China's demographics like the big one that THE FUCKING COUNTRY CANNOT FEED ITSELF, cannot provide its own energy, and has trashed its ecology (nice perma cloud in Bejing their. Makes LA look like Montana) and you got youself a real pickle.

But hey, what do I know? I haven't travelled the world like you or eat Yakk so I don't have the cred to use 5th grader logic.

So I'll give you this one.

It's called the Olympic Rule.

Since the inception of the modern games there have been 3 Summer Olympics hosted by central planned totalitarian dictatorships that, at the time were World Powers. Germany 1936. Soviet Union 1980 and China 2008. Add nine years to Germany's host date and Russia's host date.

Both those regimes were relegated to the trash bin of history. Exactly 9 years after the did the Olympic thing. China gussied themselves up for 2008 (even hiring thousands of peasants to clean the shit strewn seas by hand) after which the Bejing pollution only got worse.

Well, according to my theory China's got until 2017. Then they are done. Sure the world and the folks there might still call it China like we still call Germany the same but the current criminal ganag running the show-the sons and grand sons of one of humanity's most sadistic butchers, Mao-will be gone and forgotten. It's only whether or not the go peacefully as in the Soviet Union or if then end up with their heads in a basket.

Without all us fat, lazy, stupid westerners here in the US, China is fucked. They are gonna be left holding about $2 Trillion in worthless US paper when we default. It will suck for us but it will be far worsew for the rest of the world.

But hey, at least you'll have all those clean subways, spotless cities (especially the ones no human has ever lived in) and mayne a pile of gold.

Oh, wait I forgot. That gold will probably sent to the Carribean along with all that other wealth the ruling class has parked outside of the country.

My bad.

Fri, 01/24/2014 - 10:47 | Link to Comment ElvisDog
ElvisDog's picture

Bingo. Because what is standard operating procedure for the Chines government is to blame foreign interests for all of their problems. Being a white guy in China when TSHTF is the last thing you want to be.

Fri, 01/24/2014 - 08:19 | Link to Comment turnoffthewater
turnoffthewater's picture

but...but.....They are both BRICS!

And the US is better? What gives

Thu, 01/23/2014 - 23:43 | Link to Comment kliguy38
kliguy38's picture

are you sure you're not talkin' bout USSA instead of CHINDIA in fact if you switch USSA for China or India in this piece its still 100% accurate

Thu, 01/23/2014 - 23:57 | Link to Comment satoshi101
satoshi101's picture

But Charles Smith doesn't have the balls to do that, his audience like Maulden is mostly influential political folks

You don't get invited to "party's" if you SHIT in the PTB punch bowl.

Safety in creating foriegin bogeyman,

Best of all is "LOOK OVER THERE ITS .... WORSE"

No its not, nothing on earth is more rotton and corrupt than the USA

Fri, 01/24/2014 - 00:12 | Link to Comment LetThemEatRand
LetThemEatRand's picture

I think we found a winner for Team Player of the Year.  This one cheers China.  

USA is corrupt, but it sure as fuck is not the most corrupt place on earth.  That would be [drum roll please] China.  

The tragedy of the USA is that it was once something else.  China is just doing what it does best -- fuck its worker bee population for the sake of a few at the top.  The difference between the USA and China is that a few Americans give a flying fuck.  What you are preaching is that China absent Western influence would be a model for the rest of us.  Strange how that sounds like a banker talking.

Fri, 01/24/2014 - 00:15 | Link to Comment suteibu
suteibu's picture

So less corrupt is okay with you? 

Fix your own hovel before you complain about the house down the street.

Fri, 01/24/2014 - 00:16 | Link to Comment LetThemEatRand
LetThemEatRand's picture

That's a false argument.  Corrupt is not okay with me, which is why I am calling out China cheerleader.  And I'm usually partial to cheerleaders.

Fri, 01/24/2014 - 00:19 | Link to Comment suteibu
suteibu's picture

Your family is stealing from you and lying to you and you are complaining that the Chinese family down the street is strealing from and lying to the Chinese children?  ANd the difference is that you think the Chinese family steals and lies more?

As for "not as corrupt," it would seem that the trend is for more freedoms in China and less freedoms in the US.  Keep your eye on your own ball.

Fri, 01/24/2014 - 00:22 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Tell me about your internet freedoms in China.  When we Americans bemoan our fate, we rightly look to China as the worst case scenario.  

Fri, 01/24/2014 - 00:23 | Link to Comment suteibu
suteibu's picture

Again, the trend is your friend.  China has more freedom now than it did 30 years ago, the US has less.  Square that circle.

Fri, 01/24/2014 - 00:26 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Race you to the bottom.  And by bottom, I mean you. Google it, if Chinese internet allows.  Hint -- it means you have a cock in your ass.

Fri, 01/24/2014 - 00:28 | Link to Comment suteibu
suteibu's picture

Now I know you have no argument.  Resorting to personal attacks?  Shame on you Rand.  You lose credibility.

Fri, 01/24/2014 - 00:32 | Link to Comment LetThemEatRand
LetThemEatRand's picture

What credibility?  I don't need no stinkin' credibility.  I'm just glad I'm not a Chinese government boot licking asshole.

Fri, 01/24/2014 - 02:34 | Link to Comment vie
vie's picture

US corruption is better than China's.  Just saying.  U.S.A. U.S.A. U.S.A.

j/k  We're all fucked.

Fri, 01/24/2014 - 00:50 | Link to Comment laomei
laomei's picture

Lol, the difference is that in the US, they legalized corruption

Fri, 01/24/2014 - 02:55 | Link to Comment disabledvet
disabledvet's picture

i like to think of it more as a process of "incentivizing it." having said that...i would be very wary of messing around with Vox Populii's property over large swaths of the USA. "doesn't go over very well."

Lincoln is easily are most written about President...but he is far from out most beloved.

That honor still belongs to this guy: http://www.youtube.com/watch?v=OnXWuQh3Dzo. Quite ironic obviously for he was far from a "consensus type of guy."

He wasn't afraid to lay down the law either: http://en.wikipedia.org/wiki/Sherman_Antitrust_Act Hard to imagine anyone with that kind of courage today.

Accept for that one guy of course.

Reagan is an interesting one...he wasn't too big on State's Rights though. Definitely a Federalist...they weren't too big on State's Rights either however.

It might just be we're just too full of ourselves these days. "A little too rich. A little too cocky."

Confidence goes a long way in getting ahead in this world though...if not downright arrogance.

http://www.youtube.com/watch?v=bXq3dytL6ZA&feature=fvwrel

Thu, 01/23/2014 - 23:59 | Link to Comment nabi
nabi's picture

I know that's right!

Thu, 01/23/2014 - 23:47 | Link to Comment suteibu
suteibu's picture

The west lost the cold war.  As it moves toward communism, China and Russia move toward capitalism.  At some point in the middle, everything will be the same everywhere.  Then we all will have lost.

Thu, 01/23/2014 - 23:48 | Link to Comment satoshi101
satoshi101's picture

Fuck -ism

it's  called life,...

Any where there is NO GOVERNMENT you have ..

1.) food

2.) love

3.) shelter

4.) family

People live and build community and are happy.

this is called life,

Then along comes some fucking ASSHOLE ( politician/lawyer ) who brings your village an -ISM, and then you lose 1-4 above.

Fuck all of you who say this is about communism versus capitalism, this is about DOMINATION and CONTROL, by a minority of assholes running the world.

 

Thu, 01/23/2014 - 23:57 | Link to Comment LetThemEatRand
LetThemEatRand's picture

In a recent post, you defended China.  Contradict yourself much?

Thu, 01/23/2014 - 23:46 | Link to Comment satoshi101
satoshi101's picture

What is the title of the POST never "USA IS a powder keg ready to blow"

Charles Smith, and Maulden, milk toast from the MSM, kinder and gentler guy's that remind you that life ain't fair.

**

India just said it was going to free up gold, ... so the worst is now over.

The losses in China are tiny, and they're all created by GoldmanSach's marketing teams selling toxic crap to rich  chinese nerds.

So fucking what?

Fri, 01/24/2014 - 00:00 | Link to Comment LetThemEatRand
LetThemEatRand's picture

"The losses in China are tiny, and they're all created by GoldmanSach's marketing teams..."

So China minus GS is okay for you?

Fri, 01/24/2014 - 00:10 | Link to Comment satoshi101
satoshi101's picture

Rand,

I'm only a 'shit detector', long before I was born, and long after I die, these assholes will be here.

Is there any ruling elite, anywhere on earth that is not an asshole? NO

I think I'm rather consistent in bashing, left&right, top&bottom, red&blue,

I get bored of bashing the foriegners, cuz I know its just an ugly game, ...like the guy above said ( or below ) "If you replace every word China for USA" this story would make sense.

*

I was just simply pointing OUT, that all the ZH story's today have USA fingerprints, ... all the shit in the world comes from the USA.

If CHINA ruled the world, would they be better asshole? Nope, but its an irrelevant rhetorical question, cuz china don't want to rule the world.

But the UK, and the criminals that broke off and created the USA ( quigley's anglo-saxon ), have always wanted to rule the world.

 

Fri, 01/24/2014 - 00:14 | Link to Comment LetThemEatRand
LetThemEatRand's picture

So you agree China is a giant pile of shit, then?   Use your detector.

Fri, 01/24/2014 - 00:40 | Link to Comment satoshi101
satoshi101's picture

I agree that your an INDIAN call center employee with excellent english skills, who is here to create controversy and maximize clicks for ABC media.

 

Fri, 01/24/2014 - 00:45 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Okay, you got me.  My name is Steve.  You are calling from Indirana?  What is your areazipcode?

Fri, 01/24/2014 - 09:39 | Link to Comment GoldenTool
GoldenTool's picture

Good to see you two finally getting along.  I feel like we've made some headway here today.  I'll be looking forward to next weeks discussions and I think we can get this all hammered out, this is real progress.

 

"simplex sigillum veri"

Fri, 01/24/2014 - 00:12 | Link to Comment suteibu
suteibu's picture

The question you should be asking about China is, "Why should I care?"

Which nation is not corrupt and has any capacity to lecture China on its own brand of corruption?

Which nation has an honest, booming economy and can advise China on policies that will benefit the Chinese people?

Which government is so honest and transparent and debt-free that it can condemn China for its policies?

In the end, China means nothing to the West.  If the West has allowed its own economies to be so intertwined with China's that the collpase of one will mean the collapse of all, what does that say about the effectiveness of Western policies and governance?

China is fine with me.  What's your beef with it and what gives you the right to complain?

 

 

Fri, 01/24/2014 - 00:19 | Link to Comment LetThemEatRand
LetThemEatRand's picture

What's my beef with China?  It is an autocratic nation, whose leadership has decided to destroy the West by using slave labor to enrich itself at the expense of its own people.  Other than that, how was the play?

Fri, 01/24/2014 - 00:22 | Link to Comment suteibu
suteibu's picture

I suppose the Chinese secretly invaded and forced Western politicians and corporations to do allof this.  I missed that important piece of news.  It must have only been on CNN.

Fri, 01/24/2014 - 00:24 | Link to Comment LetThemEatRand
LetThemEatRand's picture

I suppose the Chinese government resisted?  The Chinese government is openly fascist and the population of over a billion lay down for it.  I am sad that Americans put up with the bullshit they do, but the Chinese may as well have a giant cock in their mouths at all times.

Fri, 01/24/2014 - 00:27 | Link to Comment suteibu
suteibu's picture

That's funny as hell.

You're running out of steam.

So China is bad because they didn't keep their border closed to Western companies despite the fact that every Westen nation begged for access to China's 1.3 billion consumers and cheap labor force?  But the Western nations are not bad because they begged? 

If China is your problem, you should talk to your own government about its complicity in China's rise.

Fri, 01/24/2014 - 00:30 | Link to Comment LetThemEatRand
LetThemEatRand's picture

Funny, because I think my government is corrupt and evil.  You defend yours.  Remember to lick the balls.  Nevermind.  I'm sure it's on your to Tao list.

Fri, 01/24/2014 - 00:31 | Link to Comment suteibu
suteibu's picture

I'm not Chinese.  I am not defending them at all.

However, I am defending every nation's right to its own decisions.

Again with the personal attacks, Rand?  Is that all you have?  Pitiful.

Fri, 01/24/2014 - 00:38 | Link to Comment satoshi101
satoshi101's picture

I'm a USA person, living in RURAL china, and I have seen it all world-over,

I don't seed any fucking fascism here, yet everytime I return to the USA, I feel FASCISM 24/7.

That's why I can say with certainty that on a scale 1 to 100.

The USA is 99 on the NAZI scale of full retard national-socialism, corporatism, ..

CHINA has little to no police presence and they haven't had for 20+ years, sure in the city's they got cam's like everywhere, but that's just for after the fact crime analysis, or accident review.

For instance I never get stopped by CHINESE cops EVER, other than at the border on entrance, yet in the USA, I fucked by the cops 24/7, I can't walk down the street, or drive with out the full retard nazi "Where are your papers".

*

No fucking comparison to ASIA and the USA.

ASIA is people care about their family and in GENERAL  the cop's don't fuck with the locals', in the USA people only care about TV, and the cop's are prison guards to keep everyone in their home prison.

Lastly, where I live I can go for weeks and never see a fucking cop, yet when I return to the rural areas of the USA, I see cops everywhere.

*

The problem is because of FIAT the USA has too  many cops and the cops have unlimited budgets to buy too many toys.

In Asia most cops don't have enough money to buy a gun or a motorcycle, ... or a bicycle for that matter. Most cops carry guns that would cost $5 in the USA, and in the USA cops carry best firepower on earth, highest fucking quality....

No fucking comparison

Fri, 01/24/2014 - 00:41 | Link to Comment LetThemEatRand
LetThemEatRand's picture

"I'm a USA person, living in RURAL china"

You have no idea what a dead give away that is.  Which makes it funny.  All your rural areas are belong to us, yes?

Fri, 01/24/2014 - 00:54 | Link to Comment edotabin
edotabin's picture

We think we're free, they think they are progressing....... kinda how the illusion works amigo

Fri, 01/24/2014 - 03:03 | Link to Comment satoshi101
satoshi101's picture

In the 1960's Janis Joplin said "Freedom is just another word for nothing left to lose"

Ronald Raygun in 1980 said "Proof of freedom is 31 flavors of ice cream, america is about choice", Freedom in the USA is about consumption freedom, but not JEFFERSONIAN FREEDOM.

*

The problem with the DEBATE here is you people AMERICAN project your values on others, and the CHINESE is confuscian/taoist, so far from christian thought. An asian man is happy in an empty room, a western man goes nuts in an empty room.

Village chinese are very different than urban, but urban american's are very much like rural american's.

INDIA is such an ugly PUTRID mess, I don't even want to go there intellectually or africa, I'll leave that for another commenter.

*

American's are ALL debt to their eyeballs, glued to the TUBE, and miserable.

Asians in the CITY work their asses off to pay rent or mtg, ... but little else.
Asians in rural villages have a very good life, no limit on children, lots of space ( don't live in flat ), lots of quality food, everyone in the city's is sick ( like USA ), but villages people are strong and happy.

There are no cops in asian villages, in the city they are barely visible.

In the USA the COPS are everywhere FED,state,county,local,fish&game,epa..... so many fucking cops drives you nuts.

*

Freedom is not really an issue. The CHINESE is NOT a boiled frog the politican and government are terrified of the 'people' in the USA its quite different, in the USA the politician and gubmint hold the public in contempt.

In CHINA if a gubmint officials fucks, kills, or robs; he dies and quick at the peoples hands, as the people are NOT cowards.

In the USA the people are the boiled frog, and long ago they were reduced to spineless cowards.

 

 

Fri, 01/24/2014 - 08:17 | Link to Comment Spanky
Spanky's picture

-1

For...

... urban american's are very much like rural american's. -- satoshi101

... and ...

American's are ALL debt to their eyeballs, glued to the TUBE, and miserable. -- satoshi101

... and ...

In the USA the people are the boiled frog, and long ago they were reduced to spineless cowards. -- satoshi101

My, my, aren't we judgmental. You sound a bit like a new AA member discussing demon rum. Prove your assertations satoshi101. Or are they simply opinions? In any case, I seem to remember an event called Tianamen Square not so long ago. A particularly brave young man stood before a tank. Where is he today satoshi101? Leading the charge for political reform? Or in the grave? And why didn't the Chinese people rise up and throw off their chains with this obvious display of courage and oppression?

One of the "rules" of propaganda is to sandwich a lie between two truths -- makes it easier swallow. You seem to have that down pat. Along with broad and sweeping over-generalizations. Prove you're not a bot satoshi101...

Fri, 01/24/2014 - 10:40 | Link to Comment artless
artless's picture

For the record I have never said anything other than the US is a complete Facsist Police State.

My comments are directed at the GOVERNMENTS of China and The US.

How the two populations will play out depends on cultural and societal factors.

As delusional as it might be the US does have at least a political stucture to change course. China does not. Rand gets a point for that.

Satoshi gets a point for understanding far better than Rand that government IN ANY FORM is the problem.

The pickle here is that the Chinese guv has stamped out much of what was China's culture.

Carry on boys.

Fri, 01/24/2014 - 00:32 | Link to Comment satoshi101
satoshi101's picture

Rand, how old are u? Where does this stupid come from?

Me thinks your a contractor in INDIA (bangalore), with an excellent grasp in english, and that your hired by ABC-MEDIA to create controversy, so as to maximize clicks?

 

Fri, 01/24/2014 - 00:47 | Link to Comment LetThemEatRand
LetThemEatRand's picture

"Me thinks your a contractor in INDIA (bangalore), with an excellent grasp in english, and that your hired by ABC-MEDIA to create controversy, so as to maximize clicks?"

Says the Chinese guy educated in England.  "Me thinks" is a give away.  Even total douche Oxford educated Polo playing sons of oligarchs in England don't say that shit these days.  But idiot Chinese sons of newly wealthy apologists for Chinese slave labor do.

By the way ..  It's "grasp of English," not "grasp in English."  

Fri, 01/24/2014 - 02:09 | Link to Comment Skateboarder
Skateboarder's picture

Lighten up, Randy-o. Methinks is a word too, as are methunk, wethinks, and wethunk.

Fri, 01/24/2014 - 02:53 | Link to Comment satoshi101
satoshi101's picture

Actually gandolf I'm rather fond of the hobbit movies, I think I have watched the first 3, a 1,000 times, so my 'Me thinks' and lot of other expressions are stolen from LOTR. :)

 

Fri, 01/24/2014 - 03:04 | Link to Comment Skateboarder
Skateboarder's picture

It's the last little bit of great audiovisual fantasy we got before the world went full retard.

And Tolkien stole from heavily from the bible and from other stories worldwide, so the circle is complete. ;)

Fri, 01/24/2014 - 03:21 | Link to Comment satoshi101
satoshi101's picture

Eye of Sauron,

Many parallel today,

The ring of power, as 'reserve currency printer', sure it gives you power, but it also destroys your country and makes your populace go mad,

The Eye of Sauron, the all seeing eye of the NSA

Goblins, Orc's, Trolls, Elf's, ... wizards ... hobbits

Certainly Goblin's & Orc's are the perpetual hordes that have raped the world endlessly

Hobbits are definitely the irish & scotts

Elf's are the nordic, or scandavians, beautiful people

*

Wizard of OZ much the same, yellow-brick road gold-standard wizard is the FED behind the curtains... Poppies OPIUM drugged masses.. over the rainbow I guess would Ron Pauls non-existant paradise.

*

I remember long ago there used to be a lot of MARINES who used the TOLKEIN books to teach about war, surprisingly they called the Goblins &  Orc's the enemy at the time.

*

Well there is no doubt that the RING-of-POWER (CREATION of FIAT, and unlimited ability by reserve currency status ) drives a nation nuts, and makes them offshore their jobs, murder the entire world, and kill their own citizens. No doubt at all.

Fri, 01/24/2014 - 06:50 | Link to Comment new game
new game's picture

nice sumary, no doubt! fucken-eh mon!

Fri, 01/24/2014 - 06:57 | Link to Comment negative rates
negative rates's picture

Red eyes at morning, sailor, take warning.

Fri, 01/24/2014 - 13:00 | Link to Comment Spanky
Spanky's picture

...I'm rather fond of the hobbit movies, I think I have watched the first 3, a 1,000 times... -- satoshi101

Having some difficulty with those empty rooms satoshi101? Glued to the tube are you?

Fri, 01/24/2014 - 00:52 | Link to Comment edotabin
edotabin's picture

click, click, click, click, click, click

Fri, 01/24/2014 - 00:29 | Link to Comment satoshi101
satoshi101's picture

For every FOXXCONN opening, there is over 1,000 people who apply?
WHY?

Because they can make enough money to bring the entire village out of poverty.

Where in the fucking god-damn USA, can a single poor person, go work and rise his village out of poverty?

Rand, I know your job here on ZH is to 'play'  /sarc, and /stupid, and /snide, but your 1950's china bashing it fucking boring.

At the very least if your going to talk about something, go there and see it with your own eyes.

 

Fri, 01/24/2014 - 08:27 | Link to Comment Spanky
Spanky's picture

For every FOXXCONN opening, there is over 1,000 people who apply? ... WHY? -- satoshi101

Because they're poor and need money to survive in a cash economy. Just like the USA, eh.

Fri, 01/24/2014 - 10:53 | Link to Comment ElvisDog
ElvisDog's picture

Satoshi101, after the 100th reply to a single ZH article you become tedious to the extreme. Are you paid by the word? I'm guessing you've never spent much time in the U.S. and get your "views" on the U.S. from Chinese propaganda.

Fri, 01/24/2014 - 00:24 | Link to Comment satoshi101
satoshi101's picture

In this case Goldman Sachs toxic-waste products were sold through chinese banks, and they were sold with FALSE advertising,

A lot of people  the BITCOIN like "GOOD AS GOLD, and 12% ROI", now they learn that all principal is GONE.

*

The fact that MSM assholes can point to CHINA and SAY "LOOK THEY TOO FUCK THEIR OWN PEOPLE,... and nobody goes to jail, and then they're just like us ..."

*

I want to clarify this

1.) The bank managers at these banks are dead men, the folks who lost money, will go after bank-manager familys to get their money back, this is asian way

2.) So Goldman Sachs marketing toxic products in CHINA, ... and the  banks that signed up for the up-front BONUS, now they're KAPUT, but this doesn't mean CHINA fails, ... it just means that now CHINESE will be more careful about 'banks', and their broken GS promises.

Good education, IMHO

*

None of this means SHIT, the SHANGHYAI market is up to the MOON today,... YES the DOW is in the RED

Who are the real assholes? Who is really going down? Who is the real powder keg? Who is the real parasitic asshole pillaging the world?

Fri, 01/24/2014 - 00:38 | Link to Comment LetThemEatRand
LetThemEatRand's picture

So I guess when I refer to the "Red Team," I need to be more specific now?

Fri, 01/24/2014 - 00:50 | Link to Comment WhyWait
WhyWait's picture

China, Inda, US will detonate and implode.  It's interesting to ask where it will start.  It could spread so fast that it won't much matter where it started.

One thing that's important to see clearly in this - and not all my friends do - is that the Chinese we see in our cities buying houses for cash are not part of some communist plot.  They're just criminals, laundering their loot and preparing their getaways.

Fri, 01/24/2014 - 02:49 | Link to Comment satoshi101
satoshi101's picture

This will I agree grasshopper.

The RICH shall flee the USA

The RICH shall flee CHINA

WHY?

Because when this is over, both country's will holler for the wealth of the RICH to be confiscated.

*

I never said CHINA was a 'GOOD PLACE TO KEEP YOUR MONEY", I just said it was a GOOD PLACE to LIVE. A sweet happy peaceful life in serenity. I wish I could say that about fucking NAZI USA.

But YES, for the rich asshole in Shanghai/Beijing who got rich in crime, yes he has to hide his assets and his ass from the gubmint, but so in INDIA.

In INDIA there are 100's of IRS/FBI agents trying to find USA ex-pats of INDIAN origin who didnt' pay their taxes,... it never ends.

But yes, the rich all over the world are in a panic, ... and they are the smart ones, the rest of you bambi bitches will never see it coming.

 

Fri, 01/24/2014 - 01:13 | Link to Comment Spanky
Spanky's picture

-1

For...

In the end, China means nothing to the West. -- suteibu

Sorry to disagree, but western capitalists (esp. Brits and Americans) have been lusting after the Chinese market for over one hundred years. That desire (to gain access to over a billion plus Chinese consumers) has driven American policy from behind the scenes, including recriminations over "losing" China in the late 40s, and formed the basis for Nixon's re-opening diplomatic relations in the early 70s...

Fri, 01/24/2014 - 01:37 | Link to Comment suteibu
suteibu's picture

I addressed that to some degree in the rest of the that paragraph.

"In the end, China means nothing to the West.  If the West has allowed its own economies to be so intertwined with China's that the collpase of one will mean the collapse of all, what does that say about the effectiveness of Western policies and governance?"

Are you arguing that because Western, especially American, politicians and capatilists have invested so much in China, they have the right to control Chinese policy?  China is equally integrated into Western economies.  Do they have the reciprical rights to dictate American policy?  China means nothing to the West except as the West has allowed itself to be in this situation with little control over the outcome. 

It seems many in the West were rather shortsighted.  This isn't your great great grandfather's China anymore.

And, sorry, you have to go back several centuries of Western lust for China.

Fri, 01/24/2014 - 08:47 | Link to Comment Spanky
Spanky's picture

Are you arguing that because Western, especially American, politicians and capatilists have invested so much in China, they have the right to control Chinese policy? -- suteibu

Not at all. Altho the TAP pipeline, as originally proposed, was considered one means of exerting western (American) control over China via energy supplies. But the Taliban didn't go along and Shrub's subsequent invasion of Afghanistan didn't turn out quite as expected.

All I'm arguing is that there is a constant and long running thread in American foreign policy of opening the Chinese market to American corporations, which belies the "recent" (10 to 20 years) narrative of banking and corporate control of American political, financial and economic life.

Fri, 01/24/2014 - 11:40 | Link to Comment suteibu
suteibu's picture

All I'm saying is that the West should not complain about China and go all imperial because their FP and economic plans have not worked out to their complete benefit.  If the West is now tied at the hip with China, it has no one to blame but itself.  Demagoguing China solves nothing at this point.

Fri, 01/24/2014 - 12:22 | Link to Comment Spanky
Spanky's picture

We agree.

But the American elite obviosuly does not see things the same way. Hence the "pivot" toward China as a result of its increasing economic power and assertive foreign policies. The point here, which is certainly not lost on the American elite, is that economic power translates into increased financial and military power. Thus, the attempt to absolutely control ME oil supplies to guarantee the reserve status of the dollar and maintain as much control as possible over China's energy supplies.

Fri, 01/24/2014 - 00:00 | Link to Comment pFXTim
pFXTim's picture

India plans no easing of gold restrictions, finance minister says

http://www.gata.org/node/13555

Fri, 01/24/2014 - 00:14 | Link to Comment satoshi101
satoshi101's picture
National Advisory Council calls for easing curbs on gold imports as ... Economic Times‎ - 12 minutes ago

National Advisory Council calls for easing curbs on gold imports as ... however said the government won't relax the curbs until India has a firm

*

It's like 'TAPER', who gives a fuck what they DO, its the talk that has all the effect.

There will never be TAPER, but ZH talked about it so much it became real, the only real is 'bullshit', reality is we'll be dead by the time any of them do what they say they will do.

*

buy on rumor, sell on news; GOLD is up, so it must be working

Fri, 01/24/2014 - 00:07 | Link to Comment LetsGetPhysical
LetsGetPhysical's picture

Yeah China is a paradise... with 1.3 billion people and not enough water or farmland. What could go wrong? 

Fri, 01/24/2014 - 00:17 | Link to Comment satoshi101
satoshi101's picture

USA over 300M people without farmland or water, ... what could go wrong.

*

MOVE, .. if you stay in the scorched zones you die,

Both the USA & CHINA have beautiful places, don't kid yourself that all the USA or CHINA is ugly,

For every TETON or YOSEMITE in the USA, there are places just as if not MORE beautiful in CHINA, and CHINA they're not destroyed by concessions.

 

Fri, 01/24/2014 - 00:55 | Link to Comment LetThemEatRand
LetThemEatRand's picture

All our concessions are belong to China.  

Fri, 01/24/2014 - 01:50 | Link to Comment Ranger_Will
Ranger_Will's picture

LTER I gotta ask because it's been driving me crazy.  What is your avatar? It looks like Gene Hackman with a bottle of Cutty Sark...am I crazy?

Fri, 01/24/2014 - 02:24 | Link to Comment LetThemEatRand
LetThemEatRand's picture

You are literally the first person to ask.    http://www.youtube.com/watch?v=sZCcjzOeXlM

"A large castle is being used by the US Government as an insane asylum for military personnel. Among the many patients there is a former astronaut, Billy Cutshaw, who aborted a moon launch and was dragged screaming from the capsule.

Colonel Kane, a former member of a United States Marine Corps special unit, arrives at the castle to take over the treatment of the patients. He meets Colonel Fell, who helps Kane acclimate himself to the eccentricities of the patients. Kane pays special attention to Cutshaw, repeatedly asking him why he didn't want to go to the moon. Cutshaw refuses to answer, but instead gives him a St. Christopher medal.

After meeting with several of the patients, Kane falls asleep in his office. He has a nightmare, and when recounting it he explains to Fell that they are another man's nightmares, a former patient's. The patient was a soldier who had told Kane he had severed a Vietnamese boy's head with a wire trap and the boy was still talking when the soldier found it. Fell asks who the man was, and Kane responds that it was his brother, who is a "murderer". Kane asks if Fell has heard of Vincent "Killer" Kane, a guerrilla soldier who was personally responsible for killing dozens of enemies. Kane says "Killer" Kane was the soldier who told him the story, but was now dead.

Later, Cutshaw talks with another patient about Kane. Cutshaw suspects that Kane is actually crazy himself."

Fri, 01/24/2014 - 04:58 | Link to Comment Ranger_Will
Ranger_Will's picture

Seriously?!? Uh...did I win anything?

Seems like a great film so far! (Love the bit @ 20:27) I love deep philosophical films that examine the duality of the human race: Our ability to inflict death and pain but also healing and love.  What happened to good movies anyway?

Fri, 01/24/2014 - 10:39 | Link to Comment Almost Solvent
Almost Solvent's picture

I thought it was ADA Ben Stone (Michael Moriarty) from Law & Order.

 

Looks like I have a new film to watch this weekend.

Fri, 01/24/2014 - 13:44 | Link to Comment Ranger_Will
Ranger_Will's picture

So now I find myself wondering LTER: After watching the film, do you feel that we are all insane that you are the psychiatrist merely trying to nudge the madmen into curing their own illnesses even at the expense of a brother's life?  I must say that flick is going to be added to my collection.

Fri, 01/24/2014 - 01:24 | Link to Comment ManWithaPlan
ManWithaPlan's picture

The world is a powder keg ready to blow. Get your shit straight. China, India, US, Japan, Europe...one goes they all go. Ship is sinking and you are whining about the poopdeck going in first. Guess what, the whole thing will be underwater in about 2 minutes.

Thu, 01/23/2014 - 23:57 | Link to Comment dexter_morgan
dexter_morgan's picture

meme    meme     meme  

Fri, 01/24/2014 - 03:01 | Link to Comment RaceToTheBottom
RaceToTheBottom's picture

If you keep on peeling off the layers, the Politicians, WS and the Bilderberg group are always there....

Fri, 01/24/2014 - 00:04 | Link to Comment satoshi101
satoshi101's picture

"How the NSA generals built a spy machine and public companys that made them all billionaires"

Wow

Substitute PLA ( chinese military )  for NSA and you would almost have a real story.

*

google, cisco, ibm, facebook, twitter, amazon,... all CIA/NSA holding companys, ... SPY, GO public and get rich.

*

Smith is an apologist for Nazi's. End of story, but his style is sweet, gentel and kind, ... but Smith is  NOT angry, cuz he's an insider and knows it, but for those of us who don't want to belong to club-nazi, ... we're angry what you have done to our country.

Fri, 01/24/2014 - 00:05 | Link to Comment linrom
linrom's picture

I hope that immigration won't let Jimmy Rodgers back in.

Fri, 01/24/2014 - 00:14 | Link to Comment kliguy38
kliguy38's picture

hehehehehe........i don't think Jim will be beating down the door to "get back in"

Fri, 01/24/2014 - 00:14 | Link to Comment disabledvet
disabledvet's picture

ooops. http://www.youtube.com/watch?v=u7K46qmZczs

i mean this truly is one of the most smokin' tunes is human history.

here's the original:
http://www.youtube.com/watch?v=fUqvQJj28OA
bass is vastly superior...and obviously "to be played at maximum loudness" as it is at maximum loudness already unlike the far too genteel version above. plus he rips out a mean out falsetto that is simply lacking in the live performance. (again and again and again and again i might add.)

"with a who's who of rock and roll" on the sedate version.
THOSE ARE SUPPOSE TO BE TEENAGERS YOU'RE GETTING TO DANCE ON THE DANCEROOM FLOOR YOU OLD PHARTS!

http://www.youtube.com/watch?v=9IFQWvc8Ask

http://www.youtube.com/watch?v=Kpam5aiqIGY hmmm. this crowd seems barely able to contain their..."sedated-ness." good kids all...and a good High School Principal as well I might add.

http://www.youtube.com/watch?v=HiMl4yX1JiA

I'm sorry...what was the article about again?

Fri, 01/24/2014 - 02:18 | Link to Comment RickyJabbour
RickyJabbour's picture

Thank you...I enjoyed that!

Fri, 01/24/2014 - 02:25 | Link to Comment Grande Tetons
Grande Tetons's picture

Great post, Dvet. 

Orbison...the man could sing. In a world of fakes he was a true original. 

Fri, 01/24/2014 - 03:28 | Link to Comment disabledvet
disabledvet's picture

one of the joys of fighting fascism...IS YOU GET TO FIGHT FASCISM!
http://www.youtube.com/watch?v=D2QhcQqLkhw
don't understand why people think it's all that hard.

that time can't ever return. "it was just wrong to begin with" even though it was exactly what we were suppose to be doing. (and still aren't we?)

one of my favorites:
http://www.youtube.com/watch?v=3SqM-Sco_dQ

ironic that he made it longer than most if not all (the very last?) cause in many ways he was the one who "got in your head."
http://www.youtube.com/watch?v=2gqxiAd6neo

http://www.nationalturk.com/en/ukraine-uprising-one-dead-in-protests-in-...

never any guarantee of the outcome folks! (that's the message to me at least...

http://www.youtube.com/watch?v=HWCBwaNvHbE

Fri, 01/24/2014 - 00:16 | Link to Comment Son of Captain Nemo
Son of Captain Nemo's picture

They have such good role models in the West.

Fri, 01/24/2014 - 00:16 | Link to Comment starman
starman's picture

When credit flows faster then the economy grows guess what happens?

Fri, 01/24/2014 - 00:37 | Link to Comment Rusty Shorts
Rusty Shorts's picture

same shit, different day??

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