To repeat: “the current capital outflow episode in China is a more sustained and severe episode relative to those seen in the past.”
To repeat: “the current capital outflow episode in China is a more sustained and severe episode relative to those seen in the past.”
http://www.zerohedge.com/news/2015-07-21/chinas-record-dumping-us-treasuries-leaves-goldman-speechless
We need to buy 1 million acres of Canadian trees/lumber,
So Obama can hurry up and print more money..
–
Got any green ink to go with that ?
We are approaching the end of the Chinese Boom Cycle. And when it goes bust, the Communists will diligently search for the scapegoats. Anyone with means is trying to prepare so their children will not be resident in China to be a scapegoat. That means money and property in a safe haven like Vancouver or London.
More Nothing?
http://www.theguardian.com/world/2015/jul/21/human-rights-lawyers-china-missing-clampdown
Obam and the chi-coms The Pig oinks to the Dragon who wants to roast him
Oh Canada- never forget..
When we come to buy those extra trees so we can print more monopoly monies,
don’t take cash,
demand payment in ‘GOLD’.
I’m confused; wasn’t China the economic model Justin aspires to have in Canada?
farmerboy, you are not confused, Juth-tin is, but he does have nice hair.
He also seems to have lost the “shiny pony” now he just looks like a middle aged horses ass.
http://warrenkinsella.com/2015/07/team-trudeau-the-news-is-in/
Beer , popcorn Liberal meltdown .
All these talking heads on tv that has marvelled at China’s economic miracle, has forgotten to mention root causes: inflow of sophisticated capital. Useless academics has dissected every letter of words like capitalism and communism and socialism and whatever – it doesn’t matter, it has been a pure investment economy and it ends when capital leaks out. Neither government policy, nor academic paper, nor hours of pointless analysis on tv can change it.
btw. the mother nature of all markets will take care of Vancouver housing prices.
Many fail to look at the overall picture. It’s simply not just the trade structure. Consider China’s social structure. Banking system. Political structure (hint the left hand rarely knows what the right hand does). These and many other points lead to a potential for national implosion. Hmm I think there’s good odds we’ll see three to four successor states in what was once known as the Peoples Republic of China sometime in the not to distant future. Of course the danger is that China may reach for foreign adventurism to instill nationalistic solidarity in hopes of forestalling a national breakdown. Time will tell.
“Of course the danger is that China may reach for foreign adventurism to instill nationalistic solidarity in hopes of forestalling a national breakdown.”
The Chinese are already nationalistic. Culturally, they have been viewing China as the center of the World for a very long time and their culture as superior to all others. I don’t see China breaking up but I do see it bringing that wayward Chinese province, Taiwan, officially back into the fold, with force, and punishing Taiwan for straying.
That way the Chicoms will have made an example of strays, and the Chinese people will have someone to look down on and abuse.
A twofer, if you will.
Also, as long as Taiwan is nominally separate, it has the same potential that Britain had across the Channel from France as an invasion staging area during WWII.
NATO, the UN, and the world in general will react in much same way it reacted to the invasion of Crimea and eastern Ukraine.