"... And we are America. We are the entire free world. When we sneeze everybody catches cold." - Miami Vice, Season 2, "The Prodigal Son" (season premiere)
I'm curious about the impact this will have on China's political and social stability. Dissent has been relatively subdued there for the last 25 years, presumably because of the "economic miracle" that liberalization of their markets has brought. I doubt the masses will be quite so tame should this because a bonafide economic crisis.
Yea, that's exactly what I'm worrying about. We have friends in China as English teachers. When the average surf realizes his "life" savings is dust and they blame the US for starting it there is going to be trouble for Americans still there.
Yeah, but they're capable of, and accustomed to, a modest diet; and lack the sense of entitlement. I would much rather face them than 350 million starving Americans.
Good question. I have also wondered about political stability there even without the added burden of their economy tanking. If you look through China's history, there is a trend in that they raise themselves up to the adult table time after time only to shoot themselves in the foot, thereby relegating them back to the kiddie table. Corruption, both covert and overt, has been their historic downfall, but infighting is right up there as well. I can easily foresee Cultural Revolution II coming to China in not so long a time. Maybe the new version of Chiang Kai-Shek will flee to Hainan since Taiwan's already spoken for from the original Cultural Revolution.
The Chinese Dragon will soon be "Dragon" us all into the death spiral we all knew would come. It is just matter of who would start it. It is not a "black swan" but a dragon in the end.
Fell asleep watching Tiger have another mediocre final round. Woke up to the national news broadcast discussing how China's slowing economy was dragging our markets down. No other factors were brought up.
Heard ABCs lame bitch explain that investers "should hold tight, not like those who lost heavily in 09' when they bailed". Funny she did not mention the ones who became gazillionaires when they cut out in 08'.
Is the herd expecting a rally or a further decline? answer that and you will know the direction. BTFD has so conditioned market participants that you would be a fool not to..........until you are made a fool.
The US economy was already falling. Buying less goods means China selling less goods. Blame is an excuse for the US not accepting responsibility for its falling purchases.
Hey! If my memory serves me right, isn't that first frame an accurate depiction of David "Diamond Dave" Lee Roth and his Sifu on a particularly harrowing El Capitan climbing expidition in the late 80's?
Asia's fireworks start pretty soon!
PMs strong out of the gate!
I want to know where the next explosion will be.
Considerate of them to only happen at night, so we get purty pictures.
Japan ..
http://www.veteranstoday.com/2015/08/23/israels-rage-and-impotence-the-f...
This must have been a Kim! :)
Isnt there a saying like...."when China sneezes the world has a heart attack"
"... And we are America. We are the entire free world. When we sneeze everybody catches cold." - Miami Vice, Season 2, "The Prodigal Son" (season premiere)
That won't do, the CB shorts will pound it down quicker than obama goes down on reggie.
S.A.R. - SELL ALL RALLIES
Silver still WELL UNDER control. Keeps gold from getting uppity.
You're a couple of weeks off.
He knew he couldn't hold on forever, did he jump or did he fall?
Blown over by overpressure from a chem warehouse.
he cut the line
The Levitation will begin in 3....2....1
Some Serious Firepower will be unleashed starting tonight.
It looks like the VIX is going to have a good day.
I predict they will bang it at the close;)
Ah so, Yuan bang the Dong?
I'm curious about the impact this will have on China's political and social stability. Dissent has been relatively subdued there for the last 25 years, presumably because of the "economic miracle" that liberalization of their markets has brought. I doubt the masses will be quite so tame should this because a bonafide economic crisis.
The US will blame China, and China will blame the US.
So simple even a politician can do it.
Yea, that's exactly what I'm worrying about. We have friends in China as English teachers. When the average surf realizes his "life" savings is dust and they blame the US for starting it there is going to be trouble for Americans still there.
And no one will blame Tel Aviv ..
http://www.veteranstoday.com/2015/08/23/israels-rage-and-impotence-the-f...
At least, just yet ..
-
Plenty of geniuses will blame the Jew all the time for everything.
Yeah, if there wind up being 1.4 billion starving mouths who decide to get rowdy, that's a lot to control.
Yeah, but they're capable of, and accustomed to, a modest diet; and lack the sense of entitlement. I would much rather face them than 350 million starving Americans.
Dads Capitalist.
Good question. I have also wondered about political stability there even without the added burden of their economy tanking. If you look through China's history, there is a trend in that they raise themselves up to the adult table time after time only to shoot themselves in the foot, thereby relegating them back to the kiddie table. Corruption, both covert and overt, has been their historic downfall, but infighting is right up there as well. I can easily foresee Cultural Revolution II coming to China in not so long a time. Maybe the new version of Chiang Kai-Shek will flee to Hainan since Taiwan's already spoken for from the original Cultural Revolution.
The Chinese Dragon will soon be "Dragon" us all into the death spiral we all knew would come. It is just matter of who would start it. It is not a "black swan" but a dragon in the end.
This is the closest I've seen to a story on the fires that are currently burning in the USSA.
I've heard that CIA firestarter teams are sent out to get the economy moving.
Nothing on ZH so it's probably true.
Here's a fire story.
http://ktla.com/2015/08/23/10-acre-brush-fire-burning-in-big-bear-growing-at-moderate-rate-of-speed/
Fell asleep watching Tiger have another mediocre final round. Woke up to the national news broadcast discussing how China's slowing economy was dragging our markets down. No other factors were brought up.
Got to blame someone
You still have an idiot box?
You need to know what new flavor icing is now on the BS.
How else can you avoid the stampeding herd ?
I use reddit for that.
Heard ABCs lame bitch explain that investers "should hold tight, not like those who lost heavily in 09' when they bailed". Funny she did not mention the ones who became gazillionaires when they cut out in 08'.
Both countries are acting from their policy scripts.
So, what do you think the objective is???
Another, maybe more important, question....
Who wrote the script?
The answer to that would go a long way to answering yours.
First one reminded me of the line "climb the mountain of conflict" from the political satire "In the loop" movie (2009) for some reason.
Parties going with ludicrous claims that ultimately backfire. Classic.
everything is under control....until it's not
so far looks like and uptick is coming and how long it lasts...well.....
Guess who over-invested in China, but doesn't really need China?
USA.
China sneezes and the world catches a cold.
Is the herd expecting a rally or a further decline? answer that and you will know the direction. BTFD has so conditioned market participants that you would be a fool not to..........until you are made a fool.
www.zerohedge.com/news/2015-08-21/china-tests-most-dangerous-nuclear-wea...
They're prepping...
Smart money selling off now before the smitah hits in September...
DaddyO
The US economy was already falling. Buying less goods means China selling less goods. Blame is an excuse for the US not accepting responsibility for its falling purchases.
In a word, NAFTA ..
And this is what I lost due to NAFTA to date ..
I'm not a trader and/or investor. Since '02 I have had nothting to trade or invest with ..
Hey! If my memory serves me right, isn't that first frame an accurate depiction of David "Diamond Dave" Lee Roth and his Sifu on a particularly harrowing El Capitan climbing expidition in the late 80's?
No?
I could have sworn that was in the L.A. Weekly.
First picture would be OK if it was clear that before chinese economy fell it was dragging zombified american up.
THis is horse crap. The USA has a huge trade DEFICIT with CHina. Let them sink into the ground.
Cant wait to hear the big splats as Wall St Bankstas hit the sidewalk