JayAtl
BANNED
- Joined
- Nov 18, 2010
- Messages
- 8,812
- Reaction score
- -14
VIDEO HEREChang: Chinese Collapse Coming - Yahoo! News
Take it for its worth, but he's right that Goldman Sachs which is very bullish on China in public , has raised some alarms that they have sold off and walked away for the 3rd time, from their biggest investments in China, quietly.
Another point he makes is stunningly true (I don't know about it collapsing and all) BUT he makes a subtle point that military does what it wants, foreign policy guys do what they want. THIS is a scary point brought up by several world leaders, including def sect of the US gates (last one) that when he went to china- it's premier had no idea that his military generals were putting out public war mongering talks about US- but worse yet, had no idea that j-20 was paraded and tested at or just before gates got there... which was showmanship unbecoming diplomatic protocols at a time when they were trying to calm things down.
also Housing!!! many bells and alarms going off
Take it for its worth, but he's right that Goldman Sachs which is very bullish on China in public , has raised some alarms that they have sold off and walked away for the 3rd time, from their biggest investments in China, quietly.
Another point he makes is stunningly true (I don't know about it collapsing and all) BUT he makes a subtle point that military does what it wants, foreign policy guys do what they want. THIS is a scary point brought up by several world leaders, including def sect of the US gates (last one) that when he went to china- it's premier had no idea that his military generals were putting out public war mongering talks about US- but worse yet, had no idea that j-20 was paraded and tested at or just before gates got there... which was showmanship unbecoming diplomatic protocols at a time when they were trying to calm things down.
also Housing!!! many bells and alarms going off
The risk of the nation’s economic growth falling to less than 8 percent in the first quarter is also higher than before because of the housing market, Zhang Zhiwei, a Hong Kong-based economist at Nomura, said on a conference call today.
“The property sector has probably already reached a tipping point given the data is getting worse at a very fast pace,” Zhang said. “We’ve been here before in 2008 with housing investment and I feel we’re getting close to that stage. I’m more worried about the housing sector and the GDP of the first quarter http://articles.latimes.com/2011/jan/13/world/la-fg-gates-20110114