Pension funds in China now allowed to invest....this is out of control

Discussion in 'Wall St. News' started by S2007S, Aug 23, 2015.

  1. luisHK

    luisHK

    Voly's post still looks spot on to me, not so sure what you guys are raving about
     
    #71     Jan 17, 2016
  2. apdxyk

    apdxyk

    #72     Jan 17, 2016
  3. zdreg

    zdreg

    jingoistic ravings.
     
    #73     Jan 17, 2016

  4. To be sure, there are some dodgy numbers in China's reporting..... But they are getting better as they open up more.

    As for cash injections into markets to keep them functioning - $2 billion is chump change to help with a speed bump.
    The US has no competitor in government funding to keep markets from falling into a big smoking heap.

    http://www.forbes.com/sites/traceyg...outs-under-reported/#2715e4857a0b39615f076877

    http://www.cnbc.com/id/45674390

    http://www.dailykos.com/story/2013/2/20/1188374/-The-true-cost-of-the-Bank-Bailout

    So roughly $29 Trillion and still counting to keep the markets going. This is pointing to a new normal, not a abnormal that needed help to get past. Any other time in history, we would have had a depression and come out the other side lean and strong, instead, its been kept on life support and the same issues that plagued the system have been protected and nurtured and is slowly building a even bigger problem that sooner or later will come to a head.

    As for China, they have helped carry the rest of the world through since 2008 but even they need to hit the wall sooner or later and we are starting to see the symptoms of that now filtering back into our markets that had been hitching a free ride on their economy.

    If China drops back from 7% to 5% and we drop from 2% to 0%, they still lead us by the same amount but that 2% they drop was helping us a lot more then most are willing to acknowledge.

    We have been in a recession since 2008, its about time people remembered what it is actually called.

    As a side note, when China goes through the worst of it and they write off entire cities that they have pre-built and are empty, then move the rest of the farmers into them and come out the other side firing on all cylinders with a domestic consumer economy, its going to start looking like a planned move on their part in hindsight for us in the west.

    China is running a 100 year plan, what is ours?
     
    #74     Jan 18, 2016