I recently had a long conversation with a friend from Guangzhou - her kid attends school with my kid. She goes back regularly. She commented that immigration is increasing to West coast of the US, that the population of Guangzhou is decreasing, and that they're closing public schools at a rapid rate.
Watch the Chinese expat channel on YouTube, China Uncensored, to get a more accurate idea of what it's like to live in China, a view which isn't the typical fawning impression given by a mainstream media that's as wrong on that as it is on most everything else or the view given by sycophants like Zuckerberg who had labor camp running, organ harvesting Xi's book on his desk during Xi's visit, drooling over 1.3 billion more idiots on Facebook.
About their great school system, classes are often overcrowded with 60 per classroom. They get their high scores used to show off their success relative to other countries by evaluating only the schools of the wealthy in Shanghai, one of their most prosperous cities. In that, like everything else which might give a proper impression of the great, centrally planned, "Red Capitalism Miracle" their data is rigged.
True, they're a hell of a lot better off now than they were under a communist government without capitalism, but their centrally planned economy of communism with capitalism is about as good as you'd expect anything centrally planned and micro-"managed" would be, meaning not very good. Add the police state angle of a country that since 2010 has spent more on internal police forces than on its army and you have China Uncensored.
They are keeping the DOW up while selling under the surface. Dow took out the high of the 9/17. The classic would be a break out above those highs confirming some sort of a double bottom and then a massive selloff similar to 1987.
But how were billionaires going to become multi-billionaires without outsourcing American jobs to China; while paying off politicians to maintain free Chinese access to the American market?
American companies chose to move operations to China. Start by identifing all the US companies who have products or components made in China and boycott most of the US.
You know one (not the only one) reason many of the components or products from China seem cheaply made. Because that is what the US company spec'd to be made. To make more money for the US company. US company made stuff that is crap is crap because it is US company stuff.
For example: When my maytag dishwasher finally gave out after many many many years I bought another maytag. Turns out the company had been bought and all the different brands are owned by a few mother companies. And they all outsourced the work from the US, and it all seems to be crap. Crap US company made crap that craps out (as my new maytag did) just after warranty. See, that is the problem. You can pay more in an effort to get quality, buy from a US company, and get US crap.
Want to buy a truck with a high percentage of US work in it. Buy Toyota. At least that used to be the case a few years ago and I doubt it's gotten better. You know what is crap and has corners cut. That has had multiple recalls and until I did tons of work was a terror to drive on the interstate when loaded? My big tough 3/4 ton, 4x4, Dodge truck. I converted the steering (prior to the recall so Dodge refused to reimburse me) using the new kit Dodge started selling to fix their design flaw. (Plus I had to add an aftermarket brace due to frame flex at the steering gear.) Then Dodge recalled the kit (they made) used to fix the dangerous steering because the joint can break and you have NO steering at all. No joke. US crap on top of US crap. If Toyota made a competing dieses 3/4 ton I would have bought it. US expensive Crap. (Although the non DPF Cummins is solid.)
BUY CHINA!
Hang on, let me get a pen.
BUY....
What was that country again?
The one-child policy is catching up to Chinese demographics.
I recently had a long conversation with a friend from Guangzhou - her kid attends school with my kid. She goes back regularly. She commented that immigration is increasing to West coast of the US, that the population of Guangzhou is decreasing, and that they're closing public schools at a rapid rate.
Must be they enjoy Fuku radiated beaches, best of luck with that re-lo.
Watch the Chinese expat channel on YouTube, China Uncensored, to get a more accurate idea of what it's like to live in China, a view which isn't the typical fawning impression given by a mainstream media that's as wrong on that as it is on most everything else or the view given by sycophants like Zuckerberg who had labor camp running, organ harvesting Xi's book on his desk during Xi's visit, drooling over 1.3 billion more idiots on Facebook.
About their great school system, classes are often overcrowded with 60 per classroom. They get their high scores used to show off their success relative to other countries by evaluating only the schools of the wealthy in Shanghai, one of their most prosperous cities. In that, like everything else which might give a proper impression of the great, centrally planned, "Red Capitalism Miracle" their data is rigged.
True, they're a hell of a lot better off now than they were under a communist government without capitalism, but their centrally planned economy of communism with capitalism is about as good as you'd expect anything centrally planned and micro-"managed" would be, meaning not very good. Add the police state angle of a country that since 2010 has spent more on internal police forces than on its army and you have China Uncensored.
Probably. PPT FTW!!!! The fuckers spending our money to keep the casino in business.
Counterfeit banknotes in China are still all the rage, especially when getting money back.
In Beijing, a few days ago, a friend I know got 20 100 rmb notes out of an ATM with same serial numbers.
Fakes!
BYE CHINA! <-- fixed it for you
CNBC has been screaming buy buy buy all week, not mentioning the China holiday. Why are they so dishonest?
In Jamaica, Danny Glover demands Britain pay reparations for slavery
http://tinyurl.com/p4nl54n
CHINA IS CHEAP! BUY MORE CHINA!
When the cat returns the RATS will scatter.
The new East vs West battle royale...with cheese.
He fixes the cable?
No more holidays? Shoots ...
Easy; Rinse, Repeat
I was talking to a college buddy the other day. He told me that China represented a small percent of the S&P.
He then started the speech about long term the stock market is the best place to be.....
I changed the conversation to talk about his kids.
Damn, you have a lot of self control. I would have kicked him in the nutsack.
They are keeping the DOW up while selling under the surface. Dow took out the high of the 9/17. The classic would be a break out above those highs confirming some sort of a double bottom and then a massive selloff similar to 1987.
Boycott everything they sell and make - they stole it all from us. Bring the jobs home for our children.
Resistance is futile, but hey - what the hell.
I'm with you.
Obama and the rest wants everyone living off the government tit.
Stupify and control is goal.
But how were billionaires going to become multi-billionaires without outsourcing American jobs to China; while paying off politicians to maintain free Chinese access to the American market?
American companies chose to move operations to China. Start by identifing all the US companies who have products or components made in China and boycott most of the US.
You know one (not the only one) reason many of the components or products from China seem cheaply made. Because that is what the US company spec'd to be made. To make more money for the US company. US company made stuff that is crap is crap because it is US company stuff.
For example: When my maytag dishwasher finally gave out after many many many years I bought another maytag. Turns out the company had been bought and all the different brands are owned by a few mother companies. And they all outsourced the work from the US, and it all seems to be crap. Crap US company made crap that craps out (as my new maytag did) just after warranty. See, that is the problem. You can pay more in an effort to get quality, buy from a US company, and get US crap.
Want to buy a truck with a high percentage of US work in it. Buy Toyota. At least that used to be the case a few years ago and I doubt it's gotten better. You know what is crap and has corners cut. That has had multiple recalls and until I did tons of work was a terror to drive on the interstate when loaded? My big tough 3/4 ton, 4x4, Dodge truck. I converted the steering (prior to the recall so Dodge refused to reimburse me) using the new kit Dodge started selling to fix their design flaw. (Plus I had to add an aftermarket brace due to frame flex at the steering gear.) Then Dodge recalled the kit (they made) used to fix the dangerous steering because the joint can break and you have NO steering at all. No joke. US crap on top of US crap. If Toyota made a competing dieses 3/4 ton I would have bought it. US expensive Crap. (Although the non DPF Cummins is solid.)
You can start by buying this MAKE AMERICA GREAT AGAIN hat to support Trump. You may also be interested to know that the hat is MADE IN CHINA. http://www.amazon.com/America-Great-Trump-2016-Unisex-Adult/dp/B012J7L7U...
Look at HYG - it looks very solid- going up last days and the volume is heavy....
This is disturbing if you are shorting the markets.....
I yhink today its crutial - if it ends lower is a good sign for bears. again volume enormous
Might look at buying a HYG put or 2 ...
quite the coinkidink
Chinese stocks are under a primary bull market since October 5th. So the odds favor higher prices in the weeks ahead, as explained here:
http://www.dowtheoryinvestment.com/2015/10/dow-theory-update-for-october...
Technically, -30% decline underwent by Chinese stocks seems to be over.
S&P500 5 waves up..OCT 9 and 16 seem relevant
http://tripstrading.com/2015/10/07/sp500-4h-chart-nr-and-strategy-update/
http://tripstrading.com/2015/10/06/sp500-1987-vs-2011-vs-2015-pattern-of...