Guest Post: One Alarming Indicator From China

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Fri, 12/09/2011 - 13:31 | 1963471 BigMike
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Thankfully, I'm on a commune in Chile...

Fri, 12/09/2011 - 13:36 | 1963493 achmachat
achmachat's picture

but he sure knows how to sell ;-)

Fri, 12/09/2011 - 14:00 | 1963578 Ahmeexnal
Ahmeexnal's picture

Fucktards, they should have invested that 50% of their GDP on their own MIC.

Fri, 12/09/2011 - 14:09 | 1963606 trav7777
trav7777's picture

no...China is the FUTURE.  The MSM says so

Fri, 12/09/2011 - 14:35 | 1963702 eureka
eureka's picture

Construction & construction related finanzing used to make up 50% of US GDP !!!!  (Oh sweet miraculous days of post 911 to 2006) 

If you include US financialization of US construction debt - i.e. derivatives of construction and related debt - it makes up 75% of US GDP !!!

Hell, you could look at US Treasuries - i.e. new US debt per annum - relative to US revenue... if you dare !!

Alas, US construction is dead - and only the debt & the derivatives remain !

"A BUBBLE, MY FEDERATION FOR A BUBBLE..." 

Where the fuck is the next bubble?

Or, as Adolf redux would say:  "Raus, Sweinehunden, wir mussen die nechsten "bubble" gleich finden. Wo ist es den da?"

Fri, 12/09/2011 - 14:38 | 1963723 BandGap
BandGap's picture

Sorts of sounds like our shovel ready, infra-structure reviving way out of these darks woods, don't it?

Sat, 12/10/2011 - 02:48 | 1965556 mkkby
mkkby's picture

So Simon learned about this from a short trip back in June.  Eat another goat dick, Simon.  Others have reported on the over building and riots there for years.

Fri, 12/09/2011 - 14:42 | 1963745 trav7777
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dude...the MSM SAID IT.  And I refuse to question ANYTHING from the MSM that I want to believe

Fri, 12/09/2011 - 13:40 | 1963511 rockraider3
rockraider3's picture

You too?  Am I like the only one who doesn't live on this commune part time?

Fri, 12/09/2011 - 13:42 | 1963512 11b40
11b40's picture

Is Simon Black with you?

Fri, 12/09/2011 - 14:38 | 1963718 TGR
TGR's picture

Simon Black is a pretentious cunt. But more to the point, what is the "one alarming indicator" the drama-queen poster (who was exciled from Hong Kong - i.e. worse than the FILTH [Failed in London, Try Hong Kong] - and banished to the Philippines) wants the unwashed masses to retain?

Fri, 12/09/2011 - 15:14 | 1963881 11b40
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Not sure.  The increasing availability and declining price for prostitutes in the 3rd world?  Is that it?

Sat, 12/10/2011 - 00:29 | 1965419 TGR
TGR's picture

Increasing availability, and declining price, comprise two alarming indicators, not one.

In any case, a massive grain of salt is required to take anything penned by Black and his "Chief Investment Strategist", Staermose, who 'resigned' *cough* from Lehman brothers and fled from HK to the Philippines.

 

Fri, 12/09/2011 - 13:36 | 1963492 SilverRhino
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50 million surplus Chinese men with no chance of getting wives.  Even the Chinese government may look at war as a nice distraction and unifying force for the peasants.

Fri, 12/09/2011 - 13:58 | 1963573 RobD
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Not to worry most of those 50 million are trying to hack into my FTP site. Seriously, I set up a FTP using Filezilla just to see if I could do it and I start getting all these pings going through my router and messages on the Filezilla screen saying "acces denied" so I check out the I.P.s and there like from 20 different locations in China. WTF are they looking for?

Fri, 12/09/2011 - 14:08 | 1963605 spinone
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Anything

Fri, 12/09/2011 - 14:44 | 1963749 Ahmeexnal
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pr0n

Fri, 12/09/2011 - 14:57 | 1963810 Cthonic
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Have this issue with every server I run.  They're constantly hammering away at SSH ports; wrote scripts that block whole IP ranges when reverse dns info shows a CN country code.

Fri, 12/09/2011 - 15:54 | 1964030 Let them eat iPads
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Wimmins.

Fri, 12/09/2011 - 14:05 | 1963592 kridkrid
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Of course they will, it's not even a stretch.  In fact, there are a number of governments around the globe right now who could use a little distraction. 

Göring: Why, of course, the people don't want war. Why would some poor slob on a farm want to risk his life in a war when the best that he can get out of it is to come back to his farm in one piece. Naturally, the common people don't want war; neither in Russia nor in England nor in America, nor for that matter in Germany. That is understood. But, after all, it is the leaders of the country who determine the policy and it is always a simple matter to drag the people along, whether it is a democracy or a fascist dictatorship or a Parliament or a Communist dictatorship.


Gilbert: There is one difference. In a democracy, the people have some say in the matter through their elected representatives, and in the United States only Congress can declare wars.


Göring: Oh, that is all well and good, but, voice or no voice, the people can always be brought to the bidding of the leaders. That is easy. All you have to do is tell them they are being attacked and denounce the pacifists for lack of patriotism and exposing the country to danger. It works the same way in any country.

 

Fri, 12/09/2011 - 14:26 | 1963660 Saro
Saro's picture

Bullish for Chinese prostitutes.

Fri, 12/09/2011 - 14:40 | 1963733 BandGap
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Sorry, but they could go for the world's record in the Circle Jerk.

Release The Lohan!

Fri, 12/09/2011 - 21:14 | 1965039 dolph9
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Before that they'll try Han-ifying imported Vietnamese girls.  May not be enough.

Fri, 12/09/2011 - 13:58 | 1963498 JW n FL
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The Renminbi is Leveraged 1,200% before the ink is dry.

(In China the central bank, the People's Bank, is leveraged 1200 to 1.) http://www.goldmoney.com/video/grant-interview.html

They build 10 - 15 Empty City's a year to be able to service their debt. http://www.youtube.com/watch?v=pbDeS_mXMnM

And.. I have been talking about this for a good long while..

Even Jim Rogers has capitulated! But with the caveat that farming +++ will carry the day for China moving forward???????????? http://www.youtube.com/watch?v=QeN4BVErv_M&feature=channel_video_title

People can grumble all they want but America is winning this World War.

 

Fri, 12/09/2011 - 14:03 | 1963587 DoChenRollingBearing
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+ 1  Good reporting JW!  

Great observation about us winning, I agree.

 

China does not look like a big problem to me.  With smart diplomacy, we should be able to avoid anything big and bad with them (same with Russia).  China has so many problems that are just not widely understood.

If the USA can get its financial system (even barely) under control (or a reset that does not sink us), then we will continue to do well vs. the rest of the world.  That is a big If though...

Fri, 12/09/2011 - 14:38 | 1963717 buyingsterling
buyingsterling's picture

So if we're lucky we muddle through under fiat, a little less broken than everyone else. No thanks, and not likely. Everything is decoupling; the casino wears no clothes. There's no new normal because everything is unravelling.

The best we hope for, IMO, is that any war(s) stay outside our borders and we come out of the worldwide depression without losing millions to violence and starvation, and with the police state moved to the border, where it belongs. Even flopping along like we are now, with the system perpetually propped up yet still floundering, is untenable - psychologically, at least.

Fri, 12/09/2011 - 14:40 | 1963731 JW n FL
JW n FL's picture

 

 

America already owns China.. the only way China was able to Verticle to begin with was American Investment.

Until 2 - 3 years ago American could own majority(s) Control in Company(s).

We own China.

this tit for tat that the sheep bat back and forth.. something to keep the diots occupied with?? that China is buying us?

there is no hope. it is soooooooooooooo beyond the common man to understand that there is NO HOPE in ever escaping this web of bullshit spun by the bottom feeders..

Fri, 12/09/2011 - 14:30 | 1963683 Alex Kintner
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Ha ha. USA WINNING# . What? In the Charlie Sheen sense?

$14 Trillion in debt doesn't feel like winning. So I guess all are losers.

Fri, 12/09/2011 - 14:37 | 1963712 JW n FL
JW n FL's picture

 

 

I should have went with Double Winning Drenched in Tiger Blood! LOL!!

Fri, 12/09/2011 - 15:17 | 1963895 huanjo
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$14 Trillion in debt to who?

The winner is the one who doesn't pay back their debt, or pays it back at a reduced value.

Fri, 12/09/2011 - 14:36 | 1963703 john39
john39's picture

america who?  you mean the talmudic cabal that runs the show?  or the increasingly poor masses...

Fri, 12/09/2011 - 14:41 | 1963739 JW n FL
JW n FL's picture

 

 

You make it sound like the Jews give more money to Washington DC than the Bankers do! LOL!!

Fri, 12/09/2011 - 15:35 | 1963965 DoChenRollingBearing
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LOL!

Fri, 12/09/2011 - 19:08 | 1964728 TruthHunter
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talmudic cabal that runs the show...

 

How come your dragging the Talmud into this?

The only relationship these guys have with the Talmud is genetic coincidence.

Fri, 12/09/2011 - 14:42 | 1963743 BandGap
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Because farming in China has always worked???? Uh, doesn't it involve fresh water? The likes that China never had and will never see? Thought so.

Fri, 12/09/2011 - 14:43 | 1963747 trav7777
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...and what they did have they have polluted beyond the possibility of human contact

Fri, 12/09/2011 - 15:38 | 1963974 WhiteNight123129
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It is aready lost pal the debtor nations always lose open a history book.

Fri, 12/09/2011 - 16:24 | 1964152 Smiddywesson
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fiat is irrelevant when all fiat, all over the world, goes tits up, all at the same time, pal.

When the collapse comes, all that matters is how big your army is and how much gold you end up with in your vaults.  Right now, by that definition, the US is the winner. 

The Fed is clearly orchestrating this suppress gold price/kick the can and buy up gold dance.  The ECB is in on the scam as well.  There may have been no gold in Ft. Knox or under the NY Fed during 911, but there is now.  It's not how much you have on your balance sheet that matters, it's how much you actually control.  Don't believe me, believe Bernacke and Greenspan, they are the ones who wrote about it.

Fri, 12/09/2011 - 16:49 | 1964257 CynicLaureate
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Shh... the Chinese people might be listening.

We don't want them to understand that they've been working their asses off so they can subsidise our standard of living.  All we have to do is to send them electronic records of small green pieces of paper!

Let them continue to think they own us, right until we send them a sheet of paper that says "Federal Reserve Note $100 Trillion Dollars" and say "Okay, we've paid you back.  Enjoy this small green piece of paper".

 

Fri, 12/09/2011 - 16:52 | 1964267 CynicLaureate
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It is aready lost pal the debtor nations always lose open a history book.


Debtor nations that lose a war and have to pay reparations in gold always lose.

With Fiat currency it's trivial to pay your old debt; the trick is financing your new debt.

Fri, 12/09/2011 - 22:27 | 1965209 earleflorida
earleflorida's picture

grant is a japan bull, period

roger's &[hammerstein?] soros are  commi'fascists and could care less about the united states or democracy

Fri, 12/09/2011 - 13:39 | 1963501 Future Tense
Future Tense's picture

Chanos ripped it this morning on Squawk Box.  Said 70% of their economy was tied in directly to real estate development.  The anchors had no response to that.

Fri, 12/09/2011 - 13:47 | 1963532 11b40
11b40's picture

Those anchors don't have answers for anything, as they sit there with tight sphichter muscles praying none of the guests says anything that goes against the Wall Street line & makes them look bad in the eyes of their boss.  Spin, spin, spin.....never let the ball stop spinning.

Fri, 12/09/2011 - 14:11 | 1963613 trav7777
trav7777's picture

I almost get the sense you're suggesting I shouldn't believe much of anything I hear on the MSM?

Fri, 12/09/2011 - 18:50 | 1964687 Kayman
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11b40

Uhhhh... I have to vehemently disagree. Those are NOT tight sphincter muscles.

Fri, 12/09/2011 - 21:10 | 1965025 dolph9
dolph9's picture

I sometimes pity them, seeing how they are dependent on looking plastic and telling lies into a screen just to get their meagre share of the trickle down fiat money.

But then I remember that they're prostitutes.  You choose your bed and sleep in it.

Fri, 12/09/2011 - 13:40 | 1963508 kito
kito's picture

HEY SOVEREIGN MAN, WE ARE STILL WAITING TO HEAR FROM YOU REGARDING THE ONGOING SOCIAL UNREST IN CHILE!!! WHY ARE YOU SO BUSY GIVING WARNINGS ON EVERY COUNTRY EXCEPT THE ONE YOU CLAIM IS SHANGRI-LA???????    

NEWS ALERT

16 YEAR OLD SHOT DEAD IN CHILEAN RIOTS!!!!!!

http://www.nationalturk.com/en/chilean-social-movement-protests-taken-to-door-of-parliament-15019

HEY MR. BLACK, WHY DID THE U.S. EMBASSY PUT OUT AN EMERGENCY MESSAGE WARNING TRAVELERS TO CHILE??

http://chile.usembassy.gov/2011security_notice0822.html

MR. BLACK, WE ARE TIRED OF YOUR HYPOCRISY!!!

Fri, 12/09/2011 - 13:45 | 1963522 tmosley
tmosley's picture

Who's "we" Kemosabe?

You are purposfully mischaracterizing a purposeful mischaracterization.  A few dozen students are marchin in some street, which is then mischaracerized into a national movement (but labelled peaceful by the sympathetic "journalist"), which you then mischaracterize as some sort of ongoing riot.

Why all the lies?  What's your agenda here?

Fri, 12/09/2011 - 13:51 | 1963544 kito
kito's picture

a few dozen students? talk about misinformation tmos----

in june of this year, there were between 100 THOUSAND and 200 THOUSAND PROTESTERS in CHILE!!! the movement is big enough to warrant its own page in wikipedia.

http://en.wikipedia.org/wiki/2011_Chilean_protests

 

question to you tmos, how many of those plots did you buy from mr. black? and did he make good on his promise of free chilean inflation protection bonds and mermaids in the swimming pool?

Fri, 12/09/2011 - 14:11 | 1963596 Azannoth
Azannoth's picture

There is a Socialist movement in every country, it's good that the Chilean police is showing those young commies where their place is

If anything that Validates Simon's opinion of Chile as a Pro-Capitalist country

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