China
China Goes Full Keynesian-tard: Demolishes Never-Used Just-Built Skyscraper
Submitted by Tyler Durden on 01/09/2016 22:45 -0500"Growth" meet "mal-investment boom-bust" In a perfect example of the smoke-and-mirror-ness of China's credit-fueled expansion, a 27-storey high-rise building which was completed on November 15th 2015 was just demolished, "having been left unused for too long."
The Looming Recession & The Muted Delight Of Janet Yellen's Epic Failure
Submitted by Tyler Durden on 01/09/2016 20:30 -0500Perhaps weak manufacturing, construction, and trade data are mere outliers. Maybe the Fed can see beyond the fog to clearly capture the big picture. Or maybe the Fed has lost its marbles. Their outlook doesn’t jive with that of the regular working stiff.
Gold In 2016: "Economic Power Is Shifting"
Submitted by Tyler Durden on 01/09/2016 18:15 -0500An unseen bubble at the heart of the financial system is deflating with unknown consequences. When bubbles deflate, and here we are talking about one in the hundreds of trillions, bad debts are usually exposed. Even though much of the reduction in outstanding OTC derivatives is due to consolidation of positions following the Frank Dodd Act, much of it is not. When free markets reassert themselves, and they always do, the disruption promises to be substantial. We appear to be in the early stages of this event. If so, demand for physical gold can be expected to escalate rapidly as a financial crisis unfolds.
North, South Korea "At The Brink Of War" As Loudspeaker Dispute Spirals Out Of Control (Again)
Submitted by Tyler Durden on 01/09/2016 12:15 -0500South Korea - which Kim Jong-Un says is "jealous" of the North's "H-bomb" test - has resumed blaring anti-Pyongyang propaganda over loudspeakers installed on the two countries' border, a move the North says has once again brought the Korean Peninsula "to the brink of war."
46 Months Of Accelerating Deflation Mean Beijing Is Now Trapped
Submitted by Tyler Durden on 01/09/2016 10:47 -0500At this point, the longer China does nothing, the greater its problems will become. As such Beijing needs to choose: either collapse the economy in a deflationary wave, leading to a debt crisis and widespread social unrest, or devalue massively overnight in hopes of stimulating inflation, leading to collapsing profit margins, and even more widespread social unrest.In short, our condolences China: having decided to adopt Western neo-Keynesian economics, with the typical monetarist bent, you too are now trapped with no way out. But don't worry: so is everyone else. Good luck.
Taiwan Election: How a DPP Win Would Tick Off China
Submitted by EconMatters on 01/09/2016 00:49 -0500Time Magazine cover says she could lead the only Chinese democracy. The same woman also said "Violence Is Normal in a Democratic Society"
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This Is The $3.5 Trillion "Neutron Bomb" That Keeps Kyle Bass Up At Night
Submitted by Tyler Durden on 01/08/2016 22:57 -0500"... what we are going to see next is a credit cycle, and in a credit cycle you see some losses, but if China's banking system loses 10%, you are going to see them lose $3.5 trillion."
Chinese Immigrant Turned Citizen Defies Obama Gun Grab: "I Will Never Be A Slave Again"
Submitted by Tyler Durden on 01/08/2016 22:00 -0500"I am a Chinese immigrant and an American citizen by choice. I once was a slave before and I will never be one again. I will always stand with my AR, no matter what my President signs with his pen."
Why Is North Korea Our Problem?
Submitted by Tyler Durden on 01/08/2016 20:00 -0500Once, there was a time when Hitler, Stalin, Mussolini and Tojo ruled almost all of Eurasia. And another time when a monolithic Sino-Soviet Communist bloc ruled from the Elbe to the Pacific. As those times are long gone, is it not time for an exhaustive review of the alliances we have entered into and the war guarantees we have issued, to fight for nations and interests other than our own?
China's Largest Bank Is Mystery Buyer Of Massive 1,500 Ton Gold Vault In London
Submitted by Tyler Durden on 01/08/2016 19:54 -0500Here is precisely where the brand new gold vault of the world's biggest bank will be located.
Market Massacre: Worst Ever First Week Of Trading
Submitted by Tyler Durden on 01/08/2016 19:03 -0500Islamic Radicalism: A Consequence Of Petro-Imperialism
Submitted by Tyler Durden on 01/08/2016 19:01 -0500The mainspring of Islamic extremism and militancy isn’t the moderate and democratic political Islam, because why would people turn to violence when they can exercise their right to choose their rulers? The mainspring of Islamic militancy is the despotic and militant political Islam of the Gulf variety. The Western powers are fully aware of this fact, then why do they choose to support the same forces that have nurtured jihadism and terroris?
Stunning Photos From China's Creepiest Modern Ghost Town
Submitted by Tyler Durden on 01/08/2016 18:00 -0500"It is more than anywhere the symbol of the Chinese Dream with all its challenges and contradictions, an Orwellian vision of a bright future caught up by a less flamboyant reality."
Weekend Reading: Breaking Markets
Submitted by Tyler Durden on 01/08/2016 16:30 -0500"Some people are never too old to find new ways to lose money."
"The Entire Risk Paradigm Is Shifting" - Stocks Join Global 'Reality' Adjustments
Submitted by Tyler Durden on 01/08/2016 15:35 -0500The entire risk paradigm is shifting more so than it already has. Commodities and “money” more broadly are winning the argument, so to speak, having declared long ago greater downside risks. This is increasingly taking on the proportions of a global reset.




