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#Post#: 980--------------------------------------------------
Re: Economy Errata
By: K-Dog Date: September 19, 2021, 10:13 pm
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COVID exposes the nature of our exploitative society. ---
What I wanted to say.
Watching videos of stupid people who think their libertarian
freedom gods are more important than people staying alive, I
realize the Koch foundation is behind all this Krap.
[img]
HTML https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fwww.logolynx.com%2Fimages%2Flogolynx%2Fs_ab%2Fabff2b6efb93fe318e7b76a2e994950a.jpeg&f=1&nofb=1[/img]
Koch, Kaos, Krap Three works staring with K. Is this a
coincidence? I think not and KDog makes it four words. I
bring you the cosmic cypher, Intentional Menticide is what it
is.
HTML https://www.bitchute.com/video/OvtFdVKlVusH/
<------ The
real Texas. Where everything really is bigger.
* menticide (&#712;m&#603;nt&#618;&#716;sa&#618;d) ------- the
destruction or undermining of a person's mental independence in
order to alter his or her beliefs.
** If you make them think they are free you can keep them as
your slave forever. Or at least until we run out of time.
#Post#: 984--------------------------------------------------
Evergrande contagion threat hits global markets
By: RE Date: September 20, 2021, 7:11 am
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[quote author=RE link=topic=60.msg973#msg973 date=1631987996]
This could prove interesting.
HTML https://www.theguardian.com/world/2021/sep/17/chinas-lehman-brothers-moment-evergrande-crisis-rattles-economy
�China�s Lehman Brothers moment�: Evergrande crisis rattles
economy
RE
[/quote]
Lehman Deja Vu all over again.
Evergrande contagion threat hits global markets
RE
HTML https://www.ft.com/content/952923b7-f421-407e-b14a-ad2ff190a134
#Post#: 985--------------------------------------------------
Re: Economy Errata
By: Phil Potts Date: September 20, 2021, 10:51 am
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[quote author=K-Dog link=topic=60.msg980#msg980 date=1632107580]
COVID exposes the nature of our exploitative society. ---
What I wanted to say.
Watching videos of stupid people who think their libertarian
freedom gods are more important than people staying alive, I
realize the Koch foundation is behind all this Krap.
[img]
HTML https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fwww.logolynx.com%2Fimages%2Flogolynx%2Fs_ab%2Fabff2b6efb93fe318e7b76a2e994950a.jpeg&f=1&nofb=1[/img]
Koch, Kaos, Krap Three works staring with K. Is this a
coincidence? I think not and KDog makes it four words. I
bring you the cosmic cypher, Intentional Menticide is what it
is.
HTML https://www.bitchute.com/video/OvtFdVKlVusH/
<------ The
real Texas. Where everything really is bigger.
* menticide (&#712;m&#603;nt&#618;&#716;sa&#618;d) ------- the
destruction or undermining of a person's mental independence in
order to alter his or her beliefs.
** If you make them think they are free you can keep them as
your slave forever. Or at least until we run out of time.
[/quote]
They believe they are protesting for the right to stay alive. If
you watched that whole long dan Andrews press conference, he
urged people not to wait for Pfizer to be available, go and get
a-z or Moderna. That's because the Pfizer is the only one the 12
yr olds can take as it is 30% as strong. Many people want to try
and take less of what they see as any combination of dangerous,
unnecessary and inneffective.
The police are beating **** out of people with complete impunity
on camera all the time. What you saw where the protesters rushed
through the line of police and then kept walking was when they
were hemmed in on two ends. It was set up where there were steep
banks on the sides and police blocked the crowd at either end.
After the crowd rushed through, the police just continued pepper
spraying people just walking by from the sidelines. They had
first been doing this from above. It's all on cam but is not
what the propaganda arm msm will report. A 70 year old woman was
knocked down and then sprayed by two cops.
In the press conference where Andrews is saying early next year
the passport will require a booster, nobody in the media asks
about the effectiveness or safety of it, even though in the US
and UK, officialdom has been split and urging caution as human
trials never tested effects of multiple shots. I've tried to
look up the animal studies online, but didnt find. I want to
verify if it's true all the monkeys and most of the mice died
under that condition. If it is, Deagel 2025 might be in the
ballpark.
The incident yesterday and it's msm reporting is an attempt at
PR to try and turn majority opinion hostile to the hesitant.
This normally always involves babies and children, because we
instinctively see them as innocent and to be protected. Babies
washed up on beaches, thrown out of incubators by Saddams
soldiers, chemical weaponed by Assad and passed over airport
fences to soldiers in Afghanistan a couple of weeks ago, (never
Palestinian or our own drone striked kiddos though). These all
turn out to be fake or staged to get approval. I expect the next
variant will be said to target children and therefore become
fully compulsory. As it is, unvaxd parents can't go onto school
ground in many places. The same people are unlikely to be able
to work either, so if they can survive will stay home and
homeschool rather than risk known short term and unknown long
term side effects. Not quite 'children of men', but there are
indications we could be going some way toward it a generation
from now. A who coulda knowed unforseen consequence, of biannual
protection from covid during their development solves a lot of
planetary problems.
Under 500 cases in a day was the absolute max in an outbreak
that was contained in August last year. Now we are at close to
2000 in what looks like exponential explosion, coinciding with
heading toward reaching the vaxn target. With that happening, we
are reopening a 'vaxnated economy' with expected overwhelmed
healthcare system. Seems to me like the virus beat the vax but,
doubling down on it as the only solution anyway.
#Post#: 987--------------------------------------------------
Re: Economy Errata
By: Digwe Must Date: September 20, 2021, 1:41 pm
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[quote author=RE link=topic=60.msg984#msg984 date=1632139911]
[quote author=RE link=topic=60.msg973#msg973 date=1631987996]
This could prove interesting.
HTML https://www.theguardian.com/world/2021/sep/17/chinas-lehman-brothers-moment-evergrande-crisis-rattles-economy
�China�s Lehman Brothers moment�: Evergrande crisis rattles
economy
RE
[/quote]
Lehman Deja Vu all over again.
Evergrande contagion threat hits global markets
RE
HTML https://www.ft.com/content/952923b7-f421-407e-b14a-ad2ff190a134
[/quote]
The Chinese are facing some interesting challenges. LNG is 4-5
times more than a year ago and coal prices in China are at a all
time high. They seem to be willing to endure a crash in the
hyper speculative property market as they play the long game and
have another agenda.
The Chinese are apparently moving to an evolved vision of a
"common prosperity" socialist model as explained in this article
which was written for investors.

HTML https://www.zerohedge.com/markets/chinas-marxist-profound-revolution-here-and-nobody-west-ready?utm_campaign=&utm_content=Zerohedge%3A+The+Durden+Dispatch&utm_medium=email&utm_source=zh_newsletter
A Zero Hedge article - so of course a strong conservative bias.
However, the information on recent Chinese policy is useful to
understanding their moves.
[/quote]
I have never bought into the meme that the Inscrutable Chinese
are "Playing the Long Game". I think they are just as Clueless
as Western Pols and practice Reactive Politics, just they react
differently. If they truly were playing a long game, they never
would have built all those empty cities and bridges to nowhere.
"Common Property" in this instance is just a bigger version of
the Capitalist credo of Privatize the Profits and Socialize the
Losses.
While the Chinese Goobermint might be strong enough to withstand
a financial crash, the real problem as with Lehman is CONTAGION
in global financial markets. all that debt has been
rehypothecated and resold and used as collateral for many banks
outside China. If the Chinese don't backstop that debt, it
would be like letting AIG fail, and AIG was only $100B.
My bet is there is a slanty eyed Hank Paulsen over there who
will pull out a Money Bazooka to patch things up for a while.
RE
#Post#: 989--------------------------------------------------
Re: Economy Errata
By: RE Date: September 20, 2021, 2:59 pm
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Right on cue. I read this AFTER I posted.
HTML https://finance.yahoo.com/news/heres-the-biggest-risk-from-the-evergrande-crisis-says-goldman-sachs-173014015.html
Here's the biggest risk from the Evergrande crisis, says Goldman
Sachs
The biggest fear investors should have with the crisis gripping
overly indebted Chinese real estate developer Evergrande is
global contagion, argues Goldman Sachs.
"The danger is precisely the contagion effect, should a default
occur without clear 'ring-fencing' of spillovers to other parts
of the real economy or financial sector. Events over the past
week suggest risks of inching toward that direction," said
Goldman Sachs Hui Shan in a research note on Monday.
[Stay ahead of the market]
Shan points out that he is already seeing signs of "contagion" �
a word that skyrocketed into financial media lexicon during the
Great Financial Crisis when the liquidation of Lehman Brothers
pressured all asset markets globally � related to Evergrande.
"Equities and bonds issued by other developers with high
leverage have sold off. Protests at Evergrande offices across
China may cause reluctance among potential homebuyers more
broadly. Financing pressure faced by property developers has
contributed to failed land auctions in a number of cities," said
Shan.
An initial whiff of contagion blew through U.S. markets to kick
off this week's trading.
By early afternoon trading, all major stock indices were at
session lows. The Dow Jones Industrial Average plunged more than
800 points. The CBOE Volatility Index (VIX) spiked to levels not
seen since May.
U.S. companies with outsized China exposure such as Apple and
Tesla sold off hard, and were some of the most actively
trafficked ticker pages on the Yahoo Finance platform. The
concerns around Evergrande also triggered a nearly 10% sell-off
in bitcoin (usually seen as a safe-haven play during bouts of
stock market volatility), which spread to shares of crypto
mining tech seller Nvidia.
"When something like this occurs, it is hard to get your arms
around what it is and what contagion means. Think back to that
stuff during the European or Asian financial crises," said Baird
strategist Michael Antonelli on Yahoo Finance Live.
Goldman's Shan outlined several potential scenarios for China's
economic growth from the troubles at Evergrande, all of which
will only stoke fears of contagion to global asset markets.
Explains Shan, "In the first scenario, the total negative impact
would depress the level of output by 1.4% of GDP, with the
direct impact playing the most important role. In the second
scenario, the total negative impact increases to 2.5% of GDP. In
the third scenario, the total negative impact is as large as
4.1% of GDP, with the financial conditions channel contributing
the most to the total impact, highlighting the importance of the
financial spillover effect on the economy in this most bearish
scenario. Note that this is a partial equilibrium exercise which
does not take into consideration potential monetary and fiscal
policy easing in response to the property market declines."
Brian Sozzi is an editor-at-large and anchor at Yahoo Finance.
Follow Sozzi on Twitter @BrianSozzi and on LinkedIn.
#Post#: 996--------------------------------------------------
Re: Economy Errata
By: K-Dog Date: September 20, 2021, 9:45 pm
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[quote]I have never bought into the meme that the Inscrutable
Chinese are "Playing the Long Game". [/quote]
Mao had not delivered on his promises. Western capitalism baled
the CCP out at just the right time or the CCP would have been
toast. Our elites lick the boots of the inscrutable Chinese who
keep the American oligarch game going in return.
#Post#: 999--------------------------------------------------
Supply chain issues worsen as ports face record backlog
By: RE Date: September 21, 2021, 1:55 am
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HTML https://www.youtube.com/watch?v=RZ_6m5QQ4LQ
#Post#: 1000--------------------------------------------------
Re: Economy Errata
By: Digwe Must Date: September 21, 2021, 10:48 am
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I have never bought into the meme that the Inscrutable Chinese
are "Playing the Long Game". I think they are just as Clueless
as Western Pols and practice Reactive Politics, just they react
differently. If they truly were playing a long game, they never
would have built all those empty cities and bridges to nowhere.
My bet is there is a slanty eyed Hank Paulsen over there who
will pull out a Money Bazooka to patch things up for a while.
The shadow banking situation in China makes their situation very
shaky. The cascading debt situation is likely worse than the
official numbers by quite a bit. The contagion and cascade of
bad debt can start with them - or it can start in the West.
You are correct that in the global financial stratosphere all
this money has interdependent obligation.
Racial stereotypes aside, the Chinese can't take precisely the
Paulsen and Fed approach. The overall plan may be similar- but
the CCP already owns the assets. The Federal Reserve and other
central banks are buying stocks, bonds, bad mortgage paper and
funneling the money through the primary banks. (the top .1%)
They've been doing this for years - propping up the whole s.o.b.
Keeping the markets afloat is a prime directive for them. The
Chinese govt. does not require the sham of "free" markets.
Quite the opposite. They just put a stop to IPOs being offered
in the US on new Chinese tech stocks. They do this knowing it
will cause a hiccup (at least) in the markets. The Chinese
stock markets have underperformed the Western markets for over
a year now. That is not their primary concern.
It took Mao several decades from the time he co-founded the
party until 1949 when he finally drove the Nationalists to
Taiwan. He went through several uprisings and 2 major wars. It
was a long ordeal. With Xi also being dictator for life, and
without the constraints of a two year election cycle, the
Chinese do play a longer game than the "democratic" West. This
doesn't mean that they succeed. They have blundered many times
in the last several decades. There are many factors weighing
against them. Dynasties fall.
A major consideration that receives little MSM coverage is the
environmental crisis in China. There are levels of
contamination and pollution that will never be ameliorated, at
least not for several lifetimes. This is already holding them
back and will get worse. They fouled their own nest.
The colonial history in the region, the opium wars, Boxer
rebellion, civil war and WW2 explain much of the Chinese
attitude and response to the Western powers and Japan.
#Post#: 1002--------------------------------------------------
Re: Economy Errata
By: RE Date: September 21, 2021, 3:21 pm
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I agree the approach will be somewhat different, but they still
will have to backstop the debt to some degree. If it is *just*
Evergreen this can be done, but I suspect the whole Chinese
property market has similar problems. If so, you are talking
TRILLIONS, not Billions and that is not counting counterparty
obligations and CDS.
It remains to be seen how far this will go and how deep. Also
how long it will take. As we have seen since the Lehman crash,
the Smartest Guys in the Room can come up with many ways to
paper over the losses.
What cannot be papered over as you mention is the ecological
disaster are that is China (and India as well). The bottom line
is that in the Long Game, China is even worse off than the West.
WAAAYYY too many people, a polluted landscape and no
significant Energy reserves inside their own borders.
I see Dead Chinamen.
RE
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