China

The Chinese Economy Is Facing A $6.8 Trillion Nightmare That Could Get Worse

Friday, November 28, 2014
By Paul Martin

Mike Bird BusinessInsider.com Nov. 28, 2014 The Chinese economy has wasted $6.8 trillion (£4.3 trillion) in investment during the last four years. Six-point-eight trillion dollars. That’s according to a report from China’s National Development and Reform Commission and the Academy of Macroeconomic Research, written up here in the Financial Times. The report says that... »

NOT THE CHINESE, BUT THE NSA THAT WILL CONDUCT A “FALSE FLAG” ATTACK UPON THE POWER GRID

Sunday, November 23, 2014
By Paul Martin

by Dave Hodges TheCommonSenseShow.com 23 Nov, 2014 In my former coaching days, I learned the wisdom of concealing the vulnerabilities of my team. If I was being interviewed by the media about an upcoming game, I would never have revealed my vulnerabilities because to do would be moronic! But, this is exactly what NSA... »

Fear Of “Surge In Debt Defaults, Business Failures And Job Losses” Means Many More Chinese Rate Cuts

Sunday, November 23, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 11/23/2014 The PBOC, which cut rates for the first time in two years on Friday, will have its work cut out for it. And in the worst tradition of “developed world” banks, Beijing will now have no choice but to double down on the very same bad policies that got... »

With A Hard-Landing Imminent, China Reminds Residents It Is Illegal To Jump Off Tops Of Buildings

Sunday, November 23, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 11/22/2014 “The situation has become so bad… that a middle-aged investor, fearing that a local developer wouldn’t be able to make his promised interest payments, threatened to commit suicide in dramatic fashion last summer. After hearing similar stories of desperation, city officials reminded residents that it is illegal to jump... »

On The Looming Wall Of Chinese Defaults, Restructuring Firm Warns “You Know It’s Coming”

Saturday, November 22, 2014
By Paul Martin

by Tyler Durden ZeroHedge.com 11/22/2014 The news this week of China’s largest corporate bankruptcy – Haixin Iron & Steel Group – amid crashing iron ore and steel prices was followed by analysts noting it “will be followed by others,” as the major flaw of producers of iron ore, the most traded commodity after oil,... »

Sell, Sell, Sell…….The Central Bank Madmen Are Raging

Saturday, November 22, 2014
By Paul Martin

by David Stockman Davidstockmanscontracorner.com November 21, 2014 The global financial system has come unglued. Everywhere the real world evidence points to cooling growth, faltering investment, slowing trade, vast excess industrial capacity, peak private debt, public fiscal exhaustion, currency wars, intensified politico-military conflict and an unprecedented disconnect between debt-saturated real economies and irrationally exuberant financial... »

NSA Director: Yes, China Can Shut Down Our Power Grids

Thursday, November 20, 2014
By Paul Martin

KEN DILANIAN, Associated Press BusinessInsider.com Nov. 20, 2014 China and “one or two” other countries are capable of mounting cyberattacks that would shut down the electric grid and other critical systems in parts of the United States, according to Adm. Michael Rogers, director of the National Security Agency and head of U.S. Cyber Command.... »

Japan Officially Slips Into Triple Dip Recession…China’s Shadow Banking Grinds To A Halt, Get Ready, This Sh*t Is On Like Donkey Kong!

Monday, November 17, 2014
By Paul Martin

Investmentwatchblog.com November 17th, 2014 Japanese GDP fell for the 2nd quarter in a row making it official – as we warned a month ago – that Japan has entered a triple-dip recession. Againstr hope-strewn expectations that the rebound from a sales-tax-driven slump would create a magical 2.2% (annualized) expansion, Japanese GDP slumped 1.6% in... »

China and the United States Are Preparing for War

Friday, November 14, 2014
By Paul Martin

Despite the Obama-Xi handshake deal, the probability of confrontation will only heighten as long as the PLA remains a black box. BY Michael Pillsbury ForeignPolicy.com NOVEMBER 13, 2014 At a Nov. 12 news conference in Beijing, General Secretary of the Communist Party Xi Jinping and U.S. President Barack Obama agreed to notify the other... »

Chinese hack U.S. Weather systems, satellite network

Wednesday, November 12, 2014
By Paul Martin

By Mary Pat Flaherty, Jason Samenow and Lisa Rein WashingtonPost.com November 12, 2014 Hackers from China breached the federal weather network recently, forcing cybersecurity teams to seal off data vital to disaster planning, aviation, shipping and scores of other crucial uses, officials said. The intrusion occurred in late September but officials gave no indication... »

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