Jump to content

What do they know that we don't know?


Recommended Posts

  • Replies 312
  • Created
  • Last Reply
greenie observes that China's massive accumulation of dollar reserves is bubbling their money supply. Bank of China will be forced to address this.

 

this comment endorses Duncan's conclusion in The Dollar Crisis ... recycling of trade deficits is the core transmission belt of the Bubble Machine. greenie sees it too.

whats your take on China trading all there dollars for gold? Mark mentioned this.Doesnt China still have a huge counterfeiting problem?

Link to comment
Share on other sites

greenie observes that China's massive accumulation of dollar reserves is bubbling their money supply. Bank of China will be forced to address this.

 

this comment endorses Duncan's conclusion in The Dollar Crisis ... recycling of trade deficits is the core transmission belt of the Bubble Machine. greenie sees it too.

Roach: Blame China

 

A repost of a timely article Fukui-san posted on M2M.

 

In my view, Roach underestimates Chinese companies such as Haier (white goods) and Apex (electronics) but it's a very good article.

Link to comment
Share on other sites

I remember Scottcardiff pointed out a fibo target for ADTN at 62, today it hit that and reversed course, looks like a giant outside day...good one scott...

Link to comment
Share on other sites

whats your take on China trading all there dollars for gold? Mark mentioned this.Doesnt China still have a huge counterfeiting problem?

For one thing, China would pop its domestic bubble if they stop pumping ... same as here. Bad loans would drag banks under.

 

Second, if China sterilizes dollar inflows by buying gold instead of T-bonds, the dollar weakens and renminbi is forced up ... nightmare for the export sector.

 

For now, it seems that the bubble machine suits all parties. But the other parties are asking China to accept a smaller take.

 

In effect, the jewelry thieves want to renegotiate the split-up of the loot, after pulling off the big job. It's a high stakes game of chicken. If anyone squeals, the cops roll in and haul everybody away.

Link to comment
Share on other sites

Guest libertas
OMG, he really is nuts:

 

:o 11:08am 07/15/03 GREENSPAN SAYS US DOES NOT NEED A MANUFACTURING SECTOR

Just the combination of arrogance and incompetence - he just has no idea what he is doing and is uncontrolled by any accountability.

Link to comment
Share on other sites

GG to 11? breaking 50 dma............boy is Greenspan getting reamed or what? Does he usually take this screaming with no emotion? Looks like hes thinking, " You co** su**** ba*****" :lol: ...........look he has a smile on his face.....most advanced people on planet sounds nice. The local industry in my area is decimated, Houston is trashed....

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Tell a friend

    Love Stool Pigeons Wire Message Board? Tell a friend!
  • Recently Browsing   0 members

    • No registered users viewing this page.
  • ×
    • Create New...