China in Midst of ‘Greatest Bubble in History,’ Rickards Says – Bloomberg.com

Posted by Matt in March 17th, 2010 | no comment

Published in China, Financial Crisis, Amp, Asset Allocation, Banks, Boom, China Economy, China S Economy, Crash, Doom, Economic Growth, Gloom, Harvard University Professor, Hong Kong, Jim Chanos, Kenneth Rogoff, Marc Faber, Midst, Misallocation, Professor Kenneth, Rickards, summit

“As I see it, it is the greatest bubble in history with the most massive misallocation of wealth,” Rickards said at the Asset Allocation Summit Asia 2010 organized by Terrapinn Pte in Hong Kong yesterday. China “is a bubble waiting to burst.”
Rickards joins hedge fund manager Jim Chanos, Gloom, Boom & Doom publisher Marc Faber [...]

China: Troublemaker on the World Stage? – ABC News

Posted by Matt in February 23rd, 2010 | no comment

Published in China, Abc News, Arrogance, beijing, China, Chinese Government, Currency Reserves, Economic Growth, Foreign Currency, Germany, Global Economic Crisis, Global Power, Lead, New Ice Age, Russian Economy, Self Confidence, Troublemaker, World News, World Stage

There’s a new ice age between Beijing and Washington, between the two centers that many already see welded together as Chimerica, a new “G-2″ global power. What has got into China?
For a start, the Chinese government is brimming with a self-confidence bordering on arrogance. The Chinese see themselves as the winners of the global economic [...]

20 Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To Recover

Posted by Matt in February 5th, 2010 | no comment

Published in Economy, Black Hole, Economic Growth, Economy, Nasty, People, prosperity, Recession, Total Meltdown, Truth

Even though the U.S. financial systemnearly experienced a total meltdown in late 2008, the truth is that most Americans simply have no idea what is happening to the U.S. economy. Most people seem to think that the nasty little recession that we have just been through is almost over and that we will be [...]

10 China Myths for the New Decade

Posted by Matt in January 29th, 2010 | 1 comment

Published in China, Favorites, American Myths, Asia Expert, China Economic, Chinese Economy, Contrary, Conventional Wisdom, Economic Growth, Heritage Foundation, Market Economy, Misinformation, New Decade, Recession, Scissors

China’s economic growth has been accompanied by growing misinformation about its economy. Contrary to conventional wisdom, China is not leading the world out of a recession, is no longer moving toward a market economy, is not America’s banker, and may never surpass the U.S. Heritage Foundation Asia expert Derek Scissors debunks 10 leading myths about [...]

The New Population Bomb

Posted by Matt in January 22nd, 2010 | no comment

Published in Demographics, Decades, Demographic Trends, Developed Nations, Dramatic Impact, Economic Growth, Economic Stability, Health Care, International Security, Military Strength, Population Bomb, Proportion, Twenty First Century

A series of looming demographic trends will greatly affect international security in the twenty-first century. How policymakers adjust to these changes now will determine the course of global political and economic stability for years to come.
Over the coming decades the proportion of retirees in developed nations will greatly increase, and the proportion number workers will [...]

A $123 Trillion China? Not Likely | Foreign Policy

Posted by Matt in January 16th, 2010 | no comment

Published in China, Aging Population, Autocratic Regimes, Bombshell, Chinese Government, Collapses, Communist Regime, Economic Growth, Economic Output, Economic Reforms, Economic System, Economist Intelligence Unit, Environmental Degradation, Environmental Limitations, Financial Crisis, Foreign Policy, High Risk, Military Conflict, Real Estate Bubble, Robert Fogel, Social Unrest, Trillion

The modern Chinese economic system has not been truly tested yet. The big test is coming in late 2010 or 2011, when the real estate bubble pops. At that time we will get a chance to see how China does. It cannot be pretty because autocratic regimes are too rigid, and they cannot handle the [...]

Pimco’s Bill Gross Forecasts the 2010 Economy – TIME

Posted by Matt in January 16th, 2010 | no comment

Published in Economy, Forecasts, Amp, Bill Gross, Bond Fund, Economic Growth, Economy, Federal Reserve, Investors, John Curran, Managing Director, New Reality, Pimco, Second Half

Not only does Pimco managing director Bill Gross oversee the world’s biggest bond fund, his views often sway markets. In a late December interview with TIME’s John Curran, Gross pointed to the second half of 2010 as a period when investors large and small will reckon with a new reality of poor economic growth and [...]

China’s Not a Superpower – Carnegie Endowment for International Peace

Posted by Matt in December 29th, 2009 | no comment

Published in China, Carnegie Endowment For International Peace, Challenges, China Economic, Chinese Population, Decent Education, Economic Growth, Economic Output, Faces, Future Prospects, Japan, Margins, Modernity, Next Superpower, Peasantry, Risky Proposition, Safe Drinking Water, Three Decades, Trillion, Urbanization

Meanwhile, the challenges China faces in becoming the next superpower are truly daunting. Even as its economic output is expected to exceed $5 trillion in 2010, per capita income in China will remain under $4000, roughly one-tenth of the level of the United States and Japan. More than half of the Chinese population still live [...]

U.S. Faces Rising Resistance to Its Latin American Policy – WSJ.com

Posted by Matt in December 1st, 2009 | no comment

Published in Americas, Brazil, China, Clout, Dominant Player, Economic Growth, Faces, Latin American Policy, Latin American Resources, Latin-America, Led, Regional Power, Resistance, Several Factors, Venezuela, Wsj

While the U.S. remains the dominant player in Latin America, its clout is curtailed by several factors, including Brazil’s rise as a regional power, the influence of a clique of anti-American nations led by oil-rich Venezuela, and the growing muscle of China, which sees Latin American resources as key to its own economic growth.
U.S. Faces [...]

Expert from Sweden: No need to fear of China and Islam – Aktuáln?.cz

Posted by Matt in November 27th, 2009 | no comment

Published in Islam, Bipolar, Capitalism, Collapse, Communism In China, Communist Leadership, Economic Growth, Excess Capacity, Global Economics, Global Powers, Gunilla, International Peace Research, Legitimacy, Peace Research Institute, prosperity, Saudi-Arabia, Steel Sector, Stockholm International, Superpowers, Transatlantic Relations, Workforce

China has attained prosperity underl the current world system, so why would it want to destroy it? This question doesn’t exactly inspire confidence in Gunilla Herolf.
China has attained propserity at a huge cost – the instability and possible collapse of the current regime. Firstly, actual communism in China is losing it’s legitimacy. With capitalism going [...]