Tracking the next pandemic: Avian Flu Talk |
The Chinese Death Star |
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Kilt2
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The China Death Star was the title of an article.
All the flu pandemics came from there possibly the 1918 as well they now threaten the global economy
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Kilt2
Adviser Group Joined: December 17 2007 Status: Offline Points: 7414 |
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China's raw materials bubble burstsSteel, iron ore futures in China tanked on bloated (all-time high) inventories and apparent lending curbs by Chinese banks. Half of China's major cities face risk of property bubble burstThe property markets in more than half of 120 cities at prefecture level and above in China have been exposed to risks, according to a survey ... China's Economic Bubble Is BurstingThe highly credible HSBC/Markit Purchasing Managers' Index (PMI) of economic demand in China reported that demand in China's factories ... |
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Saskabush
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http://blogs.wsj.com/economics/2014/02/19/is-china-at-risk-of-a-debt-crisis-not-really-economists-say/
"IS CHINA AT RISK OF A DEBT CRISIS? NOT REALLY ECONOMISTS SAY"... Wall Street Journal |
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Satori
Valued Member Joined: June 03 2013 Status: Offline Points: 28655 |
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Wall Street Journal propaganda rag owned by Rupert Murdoch of the FAUX NEWS NETWORK and Royal Bank of Scotland? aren't these some of the same criminal bankers that crashed the world's economy ??? |
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Saskabush
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Just hoping to provide a bit balance.... The whole Death Starrr thing has become lopsided and tedious at best. Many other articles from many other sources easily available.
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Kilt2
Adviser Group Joined: December 17 2007 Status: Offline Points: 7414 |
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The Chinese Bubble is now bursting and many say it will be worse than the Lehman Brothers crash of 08.
Its started - so lets just see what happens. My point being China gave us the flu pandemics - possibly the 1918 - and SARS and now the new flu viruses and now it threatens the global economy - and causing problems with the Navy in the Pacific. China Death Star sounds right to me.
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Satori
Valued Member Joined: June 03 2013 Status: Offline Points: 28655 |
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no slight meant Saskabush I'm just a "LITTLE" skeptical of big banks and the MSM ya just never know when they're lying when their lips are moving ??? |
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Saskabush
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None taken Satori.
My point is that many of the sources Kilt2 is quoting are equally dubious and his rant needs some sort of balance. I could be in minority here but his commentary seems to blame China for ALL the ills of the entire planet be they biological, financial, meteorological and military and on and on and on.... I think a reasonable argument can be made that when we are talking about a credit crisis China is one economy among many in the world that have suffered the same problems. When someone starts doing the "China is inflicting the world" I think that is so simplistic as to be almost laughable. And when history is rewound and events from a hundred years ago are trotted out, it seems clear that someone has an agenda or is wearing the tin foil headgear. |
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Kilt2
Adviser Group Joined: December 17 2007 Status: Offline Points: 7414 |
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I don't rant.
China is a Bubble. All bubbles burst. Its bursting now. All the flu pandemics and SARS came from China and in total killed millions - and more death to come.
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Kilt2
Adviser Group Joined: December 17 2007 Status: Offline Points: 7414 |
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Australia's biggest threat is China, Australian Strategic Policy ...Australia's biggest threat is China, Australian Strategic Policy Institute ...and its willingness to use growing military might to achieve its aims. China's military power an increasing threat to US, Pentagon official ...The US military's technological superiority is increasingly challenged byChina, and efforts to maintain an edge are complicated by shrinking ... China, the death star of emerging marketsOn any list of banking accidents waiting to happen, China is assured a place at the very top. But could a crash there take the entire global ... |
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Saskabush
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You make my point Kilt2...
Much, much better than I... But my post really wasn't directed at you. Only pointing out that there is good information that is easily accessible to anyone interested in taking the time to look rather than reading the same perspective over and over and over and over... |
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Kilt2
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It is believed that the 1918 Spanish flu pandemic began in China. We know: The H2N2 flu pandemic of 1956 began in China, as did the H3N2 1967 flu pandemic and SARS and H5N1 and H7N9. We know China is the great danger with influenza because of the number of people, pigs and poultry. We know China will continue to churn out influenza pandemics in the future. China is the Number 2 economy of the world and their economy is a Bubble which has now reached the end of its time. There is no agenda and no tin foil hat. So zip it you Canadian buffoon.
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Kilt2
Adviser Group Joined: December 17 2007 Status: Offline Points: 7414 |
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You *****ing idiot. China produces Influenza viruses and now its Bubble is bursting. But you being a dumb Canadian you wouldn't *****ing know. NOW ***** OFF
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Saskabush
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Touchy....
Just looking to encourage a little balance. I didn't realize your opinion was the only one one allowed. At the risk of provoking another profanity laced name calling session I would point out that China does not 'produce' Influenza. I am hoping that is just a poor choice of words but I can't be sure. Just my opinion... Maybe it is different in Canada than where ever you are from. |
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Kilt2
Adviser Group Joined: December 17 2007 Status: Offline Points: 7414 |
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As I said - its believed the 1918 came from China
we know SARS did and the H2N2 pandemic of 1956 and the H3N2 pandemic of 1967 and the H5N1 and the H7N9 viruses. China because of the billion people and billions of pigs and poultry are the hot bed for flu viruses NOW WHAT *****ING WORD DID YOU NOT *****ING UNDERSTAND? TAKE YOUR TIN FOIL HAT HAND SHOVE IT UP YOUR ARSE YOU CANADIAN ARSEHOLE |
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Kilt2
Adviser Group Joined: December 17 2007 Status: Offline Points: 7414 |
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I didn't make it up I saw it in an article on economics - no doubt you will cast aspersions on Bloomberg for publishing such an article and accuse them of a tin foil hat - you twonk.
The article is ominously entitled "China, the Death Star of Emerging Markets".
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Saskabush
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"China produces Influenza viruses and now its Bubble is bursting"
No, actually Kilt2, that isn't what you you said. See your quote posted above. It's quite what you wrote Kilt. It may not be what you meant or believe, but that is what you wrote. Do you react this way to everyone who disagrees with you? Ok. I'm done folks. I'll quit poking the bear!!! |
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Saskabush
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Good for you Kilt2.
No aspersions.. You are entitled tour opinion. |
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Kilt2
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What the ***** are you going on about??? Are you on drugs?
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Kilt2
Adviser Group Joined: December 17 2007 Status: Offline Points: 7414 |
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tour opinion???
are you on drugs?
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Saskabush
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Wow... Talk about casting aspersions!,
Simple typo... Let me correct it for you "You are entitled to your opinion." Is that better? I would have thought a smart guy like you could have figured a small typo like that out! Try and keep in mind that it is easier to make these small mistakes when I am using the whole alphabet and not all those mindless punctuation marks you are so fond of. No I am not on drugs but it seems you should be.... or something to help with your anger issues. |
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Kilt2
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Listen - you idiot all you do here is badger me. Now ***** off
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Saskabush
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I don't agree with your opinion. I prefer a more balanced approach. I'm sorry you feel threatened by that. |
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Kilt2
Adviser Group Joined: December 17 2007 Status: Offline Points: 7414 |
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The opinion was an article from Bloomberg. I posted it - take it up with them.
The 1956, 1967 flu pandemics we know came from China. SARS came from China. H5N1 and H7N9 come from China. The Asset Bubble that is China is now ruptured and hitting the global economy. That is not my opinion. You are a *****ing idiot - now ***** off and die. |
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Saskabush
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You sad little man. All you do is post articles on this forum. You are defensive when anyone voices something different. You've been good for a laugh but unlike you I do have other things to do. See ya!
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Kilt2
Adviser Group Joined: December 17 2007 Status: Offline Points: 7414 |
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You are critical of what exactly?
All you do is badger me. I posted an article from Bloomberg - you say they are wrong? You say the flu pandemics don't come from China? You say SARS didn't come from China? You say there is no China Bubble? You say the Bubble is not bursting? What is your opinion? I see no opinion other than you giving me the *****ing *****s. Take your tin foil hat and bash it up your arse. |
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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guest
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Albert - Can you please remove this thread? It's not very polite and I don't think we need to keep it on the site. All the negative slurs and foul language is juvenile and has no place here. Thank you.
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Kilt2
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I was posting important stuff relevant to this group and some Canadian Troll starts on my case.
I stand up to bullies
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Kilt2
Adviser Group Joined: December 17 2007 Status: Offline Points: 7414 |
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China's property bubble stalls the urban dreamNanjing, China (CNN) -- Limited investment options in China means real estate has been a popular choice for consumers looking to expand ...
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Kilt2
Adviser Group Joined: December 17 2007 Status: Offline Points: 7414 |
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Crisis Gauge Rises to Record High as Swaps Avoided“What I do see are increasing parallels between China and the U.S. in the run-up to the global financial crisis,” said Patrick Perret-Green, ...
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Kilt2
Adviser Group Joined: December 17 2007 Status: Offline Points: 7414 |
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China "crisis gauge" hits record high amid "flight to quality"This "crisis gauge" flashing red is also followed by 3 month SHIBOR (short-dated interbank lending rates) surging to an 8-month high.China's ...
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Satori
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Inside China's ghost cities http://www.news.com.au/travel/travel-ideas/inside-china8217s-ghost-cities/story-e6frfqd9-1226716277487 massive cities with few inhaibitants |
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Kilt2
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exactly
and their whole economy is 50% building and construction so when the music stops half are without a chair |
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Saskabush
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In China, Gross Domestic Product is divided by three sectors: Primary, Secondary and Tertiary. The Primary Industry includes Farming, Forestry, Animal Husbandry, and Fishery and accounts for around 9 percent of GDP. The Secondary sector, which includes Industry (40 percent of GDP) and Construction (9 percent of GDP) is the most important. The Tertiary sector accounts for the remaining 44 percent of total output and consist of Wholesale and Retail Trades; Transport, Storage, and Post; Financial Intermediation; Real Estate; Hotel and Catering Services and Others. 2014-02-27
http://www.tradingeconomics.com |
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Kilt2
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To be clear, in 2007 most economists were even then arguing that China was too dependent on investment, with expenditure on plant, equipment, buildings and infrastructure already 40% of national income, or GDP.
But rather than there being a "rebalancing" away from investment, it actually shot up, to 50% of GDP. There was a splurge on remaking the urban and industrial landscape, more or less unprecedented in history. Wherever you go in China, you can see the fruits, from the world's tallest skyscrapers and longest bridges, to roads that seem to go nowhere and mind-boggling numbers of unoccupied new homes. What's more, those legacies of the Maoist era, the state-owned enterprises, had a new lease of life - on Beijing's orders - creating huge new productive capacity. http://www.bbc.com/news/business-25808279 |
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Kilt2
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http://fxexaminer.com/jim-chanos-on-china-bubble/ |
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Saskabush
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Seriously, No disrespect, but that just is not true. Construction doesn't come close to 50% of the economy no matter how you measure it. Manufacturing is huge.- over 40%. Tourism contributes more than construction. |
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Kilt2
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In the public sector Chinese local government debt has risen 67% to $3 trillion. According to Robert Samuelson, “local debt now equals about 33 percent of China’s economy up from 10 percent in 2008 and almost nothing in 1997.” Most of the local debt is from financing new infrastructure such as roads and bridges and from building new cities notoriously known as “ghost cities” constructed of commercial buildings that sit empty and uninhabited apartments. Tao Wang of UBS (a Swiss global financial services company) believes “dependence on this investment spending poses a dilemma for China.” If localities cut spending, the economy would be severely weakened. If localities keep spending at the same rate, localities could face default.
China: A Falling StarDespite its reputation as an economic powerhouse, Chinese economic and ... “Fears about the slowing Chinese economy, a potential propertybubble and ... |
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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CRS, DrPH
Expert Level Adviser Joined: January 20 2014 Location: Arizona Status: Offline Points: 26660 |
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This is some new construction I saw in China several years ago. I couldn't believe how many of these things they were building! My guess is that they are apartments for rural migrants who are flocking to urban centers, looking for manufacturing jobs. Typical Communist housing, when the elevators break, you'll have to haul your live duck and 50 lb bag of rice up the stairs to your residential flat. |
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CRS, DrPH
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Kilt2
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Ghost cities everywhere with nobody living there.
Its musical chairs. they are building and building and can't afford to stop.
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Saskabush
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Another viewpoint...
URL:https://globalconnections.hsbc.com/us/en/articles/chinas-ghost-cities |
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CRS, DrPH
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Thanks, good stuff! I live in Chicago, travel internationally & am used to big cities....I'm a self-professed "skyscraper freak" ! Even so, the skyline of Shanghai, China knocked me back....check this article out: |
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CRS, DrPH
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Kilt2
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The point is China is a Bubble and when it bursts will be felt all around the globe.
The Influenza viruses H2N2, H3N2, H5N1 and H7N9 with many more to come, all originate from China and all have or potentially will bring death to this planet on an industrial scale. The influenza pandemics are most likely to originate in China. China is a Death Star.
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And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him.
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Saskabush
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SUMMARY
The country’s economy is now slowing, but the significance of this is not well understood. "In the throes of crisis, generalisation is the norm; in the end, however, it pays to differentiate. Unlike the deficit-prone emerging economies that are now in trouble—whose imbalances are strikingly reminiscent of those in the Asian economies that were hit by the late-90s financial crisis—China runs a current-account surplus. As a result, there is no risk of portfolio outflows resulting from the Fed’s tapering of its monthly asset purchases. And, of course, China’s outsize backstop of $3.8 trillion in foreign-exchange reserves provides ample insurance in the event of intensified financial contagion. Yes, China’s economy is now slowing; but the significance of this is not well understood. The downturn has nothing to do with problems in other emerging economies; in fact, it is a welcome development. It is neither desirable nor feasible for China to return to the trajectory of 10% annual growth that it achieved in the three decades after 1980. ... For a growth-starved US economy, the transformation of its codependent partner could well be a fork in the road. One path is quite risky: If America remains stuck in its under-saving ways but finds itself without Chinese goods and capital, it will suffer higher inflation, rising interest rates, and a weaker dollar. The other path holds great opportunity: America can adopt a new growth strategy—moving away from excess consumption toward a model based on saving and investing in people, infrastructure, and capacity. In doing so, the US could draw support from exports, especially to a rebalanced China—currently its third-largest and fastest-growing major export market. Compared with other emerging economies, China is cut from a different cloth. China emerged from the late-90s Asian financial crisis as the region’s most resilient economy, and I suspect the same will be true this time. Differentiation matters—for China, Asia, and the rest of the global economy." Nn The author is a faculty member at Yale University and former Chairman of Morgan Stanley Asia http://www.financialexpress.com/news/column-china-s-growth-puzzle/1230585/1 |
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Saskabush
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What a great article! It really does highlight how complex China is in a balanced, well thought out way. I too love architecture and especially love your beautiful city of Chicago. No where in North American is it more evident what results when a city values both art and architecture. It helps of course to have world class schools in each! I have spent a fair bit of time in China as well, most recently being 5 weeks in October early November of 2013. Managing a country with that kind of population is cumbersome at best and there is no question it has been plagued by false starts and about faces as they struggle to improve living conditions on one hand but often getting it wrong. They are plaqued by generations of abundant population and scarce resources. I think some of the rush to build perhaps results from that? I'm not sure what the answer is just that this is indeed a country experiencing monumental change in a very short period of time. It remains though, a wonderful place with good people just like most places on earth. |
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