This page has been archived and commenting is disabled.
A Message To US Investors From China (& Your Broker)
It's been quite a day for your average high net worth investor in US equities... so here are two messages from the most important people in the world - China and their broker...
h/t @Stalingrad_Poor and @RudyHavenstein
»
- 70471 reads
- Printer-friendly version
- Send to friend
- advertisements -
Faber on Bloomberg shortly...
I wonder how much he's made in the last couple of weeks...
Everything will be fine.
That's what I've been saying all day!
http://www.denk-bubbles.com/just-fine
Bad? Pshaw! Jumpers, I say! We need genuine jumpers from tall buildings to know it's been a bad day. No jumpers, life is gravy.
My guess is there will be an outright decline in middle class Chinese rather than any increase over the next decade. Negative Chinese demographics and the collapse of perhaps the greatest credit bubble of all time (China +1400% in 14 years) combined with slowing global exports don't bode well. Global demographics, credit growth, and growth period are dead.
In 10yrs from now, the OECD demographic est. show there will be 15 million fewer 0-64yr/old Chinese but 63 million more 65+yr/olds...2015 is the peak total population for 15-64yr/old Chinese population and the decline in this segment + the 0-14yr/old segment (which began declining in the '70's) really pick up speed from here. China is set to hit peak total population in 2030 and begin outright declines...just like Japan is now.
Since WWII, (for every nation I've researched) once the core 15-64yr/old population has started declining, government debt has skyrocketed while private credit plummeted, and growth collapsed. Why will China be different?
Logic and data in the link...
http://bit.ly/1h9mmMS
china will be differentr because it still has 800 million people to bring into the 21st century. the west has zero with a declining population, unless you count illegal aliens in the usa and africans in europe.
China is also different because they have not built a entitlement society over many decades.
Things are great here on the outisde of the casino.
Ebery-sing wir be FIRE!
There...fixed it for ya, sweetie.
right, they're just Communists...
In China, everyone is entitled to work...
until they can't work anymore...
then they get their organs harvested.
Look more closely:
The sign she's holding says:
"Everything will be fire."
OMFG.... Thanks to you I just got that! LMAO!
I had to zoom in to verify that it was indeed "fire"...
Standard Disclaimer: Never let this young lady enter a crowded theater.
Well, I'll be dipped in a turd barrel, that sounds just a tiny bit like a Ponzi going bad.
Looks to me like the sign She's holding up sez: "Everything will be fire!"
He was long the Euro so lots
So what?! Is he going to really tell you anything? He'll talk his book, like everybody else
Hes an Austrian.
Said that these kind of selloffs usually happen at the end of bear markets. But this is happening at the start.
I have a question. Cramer or some other CNBC lugnut said that the reason the stock market is having a problem is because of a slowdown in China that would affect such companies as McDonalds, Apple, etc.
Just how much business do these companies do in China? If the trade deficit is so lopsided in China's favor, how is it a slowdown in their country can cause of massive wave in ours.
DOES NOT MAKE SENSE. I THOUGHT CHINA DID NOT ALLOW UNFETTERED TRADE INTO THEIR COMMUNIST DICTATORSHIP.
Duplicate please ignore.
I don't look to Faber in these interviews for brilliant cutting insights. He's an interesting character, but that's about it. No idea about his trading record.
Your telling me, lolololololol.
Seems doomers have gone mainstream, you know what this means right? The bottom is in, time to sheer the sheep in the other direction now.
A better message-
Welcome my friend... Welcome, to market hell!
OR better yet-
How to fuck over a muppet thrice in one day.
Welcome back my friends to the show that never ends, we're so glad you could attend, come inside, come inside. Come inside, the shows about to start, guaranteed to blow your mind apart.
Well, we are off the lows..........
pods
still down quite a bit Pod man
I think that's Wi Tu Lo
Word on the street is that Gartman was all in today!
The dance band is playing "nearer my god,to thee".......
https://www.youtube.com/watch?v=mCEfqj9pDAI
Welcome to the Global Economy...or, as it should be now correctly labeled...the Global Ponzi...
I can still here Bush, glowingly, preaching the virtues of a Global Economy and how economic sunshine would fall upon us into eternity if we would abandon our manufacturing economy in favor of a FIRE economy.
I immediately said to a friend..."Global economy = Global Recessions/Depression = Global Wars".
Maybe that was the NeoCon plan all along?
Finally some good news today in what is a manipulated horror Global Ponzi
By Jennifer Harper - The Washington Times - Updated: 3:22 p.m. on Monday, August 24, 2015
Now ready for citizens concerned their privacy is at stake in an increasing drone-friendly culture: Snake River Shooting Products has just introduced Drone Munition shot shell based defense rounds. “Prepare for the Drone Apocalypse,” the Idaho-based company warns in its first advertising outreach for the new line, which they describe as a “12 gauge 3-inch shot shell solution aimed at defending against drone-based privacy concerns and terror.”
The company is talking about lightweight quad-copters, which can carry cameras and are increasingly making the news when they are misused in neighborhoods, at airports and in public places.
My elephant gun already does just fine.
I built a HERF gun out of an old microwave.
The little birdie in the sky got confused.
Sometimes, now, I miss the little birdie.
Odd that the little birdie and a microwave shared a common detail: 2.4Ghz
2.4 Ghz, good to know and thx.
can you share dtails?
https://www.youtube.com/watch?v=DoOT2_Z-GIE
I'm sure Mr. Ponzi never imagined in his pathetic little life that he would be so famous...
;-D
My administration is working with Congress to address the root cause behind much of the instability in our markets.
Financial assets related to home mortgages have lost value during the house decline, and the banks holding these assets have restricted credit. As a result, our entire economy is in danger.
So I propose that the federal government reduce the risk posed by these troubled assets and supply urgently needed money so banks and other financial institutions can avoid collapse and resume lending.
This rescue effort is not aimed at preserving any individual company or industry. It is aimed at preserving America's overall economy.
George W. Bush September 25, 2008MISSION ACCOMPLISHED!..up until today anyway...
wall st got drunk..........
What a speech! It costed the American tax payers $700 billion.
@FireBrander : This is way beyond Ponzi......we have entered Rumpelstillskin's world where banks can weave straw into gold except it even gets better than this. They don't even need the straw, just digital digits made out of thin air.
Why goof around with straw because it's so 12th Century plus there's a limited amount of straw produced every year. However, rumor states there is an unlimited amount of "out of thin air" available.
well that's a shitty fortune cookie.
No comments from Lockhart on the current market...
we wait now. One more day like this and Mr. Yellen will announce QE4 and the final nail in the dollar coffin.
I sense a large increase in the supply of Chinese mail order brides, available at greatly reduced prices.
CNBS is classic today...
burn mother fuckers....
Pisani just said...
"People found value today"
Dovie'andi se tovya sagain (It's time to toss the dice)
The Daily Economist
Can we PLEASE GET OBOZO to make a statement to reassure the American People? Nothing would stick a fork in it like that.
"Can we PLEASE GET OBOZO to make a statement to reassure the American People? "
Obviously you missed his press statement released on Sunday evening: "If you like your stock market, you can keep your stock market". It appears his statement had the opposite effect. Probably due to the Obamacare fiasco.
So the young lady is hooking up the financial situation with the Chemical storage explosions in China?
Fire- The Ohio Players
https://www.youtube.com/watch?v=jkDvZ2GlwsM
Let Alice take over-
https://www.youtube.com/watch?v=0CzcRUTErIg
His singing sucks but I've been a big fan for 40 year+. Best line may be "liking it and loving it; it's all in the plan." Black Juju
Alice was the king of shock rock while marylin manson and rob zombie were both in diapers.
And he's STILL rocking.
saw alice cooper in concert at the Festhall in Frankfort in 1972
Lsd and heroin were the drugs that show, too high
he hung himself on stage very weird , great show...
Obviously this young Chinese lady didn't have any investments with Shan Jiuliang?...
But I suspect she won't be holding that sign up for much longer as her portfolio has many "Shan Jiuliang"'s running it!
T Minus 3 hours until...
FEAR THE PANDA!
Dovie'andi se tovya sagain (It's time to toss the dice)
The Daily Economist
The wealth gap just closed 4% today alone. Wait for 40-90% as the rich and the banks stab each other in the back.
Now 20 morons who predicted it all along will show up on tv
That's what I hate the most
everyone picked it this time. then there are the contrarians like me who say this is a run of the mill downturn. the real reset is still a few years away when the brics financial system is really ready to roll and the dollar collapses. this has only been a test run for when the chinese completely decouple from the dollar rendering it useless therefore worthless.
more than that
That's probably China's plan - burn all the paper - create new system with metal - and its working great !
As much as I would love it to be true, I feel like there is far more sinister plan behind this.
going to be a lot of people signing up for Obama phones ...
kinda funny to listen to western press make fun of china trying to do their version of the plunge protection team then watch the insanity of the usa markets for the last coupla days.
qeinfinity continues by the end of the week.
Would all sell side analysts who recommended buys on AAPL, Facebook, Tesla, Twitter, and Yahoo last month please report to the town square…in Singapore.
Don’t worry, everything will be fine.
Well, on the bright side, Financial news channels should become entertaining again. I am waiting for the next Jim Cramer temper tantrums to happen. I heard a rumor that CNBC has hired Bagdad Bob as the new morning ancher. Should be fun!
'tis but a scratch. FIGHT FAIR!! FIGHT FAIR!!!
Fucking thiefs, Charles Schwab! at 9:43 am with the dow down 1000 pts and I go to sell my 35 s&p 140 dec puts screen showed a bid of 2 bucks a ask of 8 bucks and est proceeds of 6400 bucks cool place the order and the thieving pricks fill it at .73 cents!!!!!!!!!!!!!! lying fucks
Limit order
well into the money spreads get so wide....you gotta call your price. at least you could place your order. fidelity wouldnt update and couldnt even place to sell BIS at 38 before i had to go get to appts. almost 2000 left out there not to mention the buyback in levels...
I love hearing that fuckface cunt josh Earnest lecturing the chinese on how they should move towards "free" markets. Pot-kettle-black
Berspankme -
You got the +1 from me for just putting together the term "FUCKFACE CUNT JOSH EARNEST."
It has a wonderful ring to it, while conveying a broad anger towards the entire Obama regime.
(Actually, you got the +1 when I thought you had only written 'cuntface Josh Earnest.' When I realized you had done even better work, I wished I could have given you another +1)
Everything will be freeeee
on a long enough timeline
every thing is worth nothing ...