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Post by acidohm on Jan 26, 2016 18:00:40 GMT
It's rediculous, the way they portray these people as they talk...no way that could be a school. Any decent establishment would surely correct such incorrect mannerisms, even the teacher is at it!!! Liberal proganda.
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Post by missouriboy on Jan 27, 2016 8:36:47 GMT
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Post by walnut on Jan 27, 2016 12:59:31 GMT
I'm still convinced that China's economic problems do not spread over here. The Chinese economy does not lead the US economy. Their problems are their own, and they made them on their own. A stock market crash in China may trigger a big correction over here if our market is already very high and due for a correction, but economically their troubles do not become our troubles.
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Post by sigurdur on Jan 27, 2016 15:27:59 GMT
I'm still convinced that China's economic problems do not spread over here. The Chinese economy does not lead the US economy. Their problems are their own, and they made them on their own. A stock market crash in China may trigger a big correction over here if our market is already very high and due for a correction, but economically their troubles do not become our troubles. China buys a huge amount of raw ag products. In this area, it will affect the USA. In fact, it already is.
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Post by walnut on Jan 27, 2016 16:00:28 GMT
They use a lot of oil and coal, too, And our oil and coal producers are in the process of going broke. But we are not in a recession and hopefully will avoid it.
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Post by sigurdur on Jan 27, 2016 16:15:06 GMT
Not sure we aren't in a recession in the USA. Freight, which a bell weather indicator, is down. Not only the coal/oil freight, but freight over all. Another bell weather is shipping fees on the oceans. That is also down, as sea born freight traffic is down. 2 large sectors of the US economy are depressed, energy/ag. There is so much uncertainty, some caused by the "Clean Power Plan", that signs are of a slow economy. The Philly index is not indicative of a robust economy as well. www.philadelphiafed.org/research-and-data/regional-economy/business-outlook-survey/2016/bos0116
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Post by walnut on Jan 27, 2016 16:26:43 GMT
I did my part for the day, I just ordered a semi to go to Texas.
But yes, trucks are easy to locate right now and not very expensive.
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Post by sigurdur on Jan 27, 2016 19:56:27 GMT
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Post by walnut on Jan 27, 2016 21:26:17 GMT
Don't come between a woman and her cell phone, hell will be released on you.
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Post by glennkoks on Jan 28, 2016 1:44:34 GMT
I'm still convinced that China's economic problems do not spread over here. The Chinese economy does not lead the US economy. Their problems are their own, and they made them on their own. A stock market crash in China may trigger a big correction over here if our market is already very high and due for a correction, but economically their troubles do not become our troubles. I hope you are right! Because I am convinced Chinese problems will and have spread over here. Now more than any other time in our history we truly are a global economy. More often than not an Asian stock market decline is continued in Europe a few hours later and then continues to the US markets. China is now the worlds second largest economy. The rest of the world will be pulled into the mess when the Chinese economy finally tanks. We will fare better than the rest but should the Chinese market collapse to the degree our's did in 1929 look out. The Chinese people fully expect their government to "guarantee" investments. Entire vacant cities fueled the mother of all real estate bubbles and the leverage to which many of the Chinese have extended themselves borders on fiscal insanity. Name one economic bubble in the Earths history that did not pop.
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Post by Andrew on Jan 28, 2016 6:31:44 GMT
the leverage to which many of the Chinese have extended themselves borders on fiscal insanity. Bank lending in China is generally speaking much more conservative than it is in the West.
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Post by Andrew on Jan 28, 2016 6:38:29 GMT
Nice independent explanation of QE: "It can then use this new money to buy whatever assets it likes: government bonds, equities, houses, corporate bonds or other assets from banks." Definition of quantitative easinglexicon.ft.com/Term?term=quantitative-easingIt is talking about what the central bank can buy rather than what the banks did buy. UK QE was more broad based than US QE. In the UK they bought corporate bonds. In the US it is totally clear that QE only involved the purchase of housing agency debt, housing agency MBS or US treasuries. Anybody claiming US QE involved the Fed buying junk bonds is not going to find any official reference to that at all. At best it is a conspiracy theory and one I have never heard of at all. In the case of Sigurdur it appears he is not referring to a conspiracy theory.
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Post by glennkoks on Jan 28, 2016 11:53:35 GMT
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Post by Andrew on Jan 28, 2016 12:22:22 GMT
Your article is from may 2014 and the glory days of shadow banks.
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Post by walnut on Jan 28, 2016 13:30:03 GMT
The problem is when the asian banks begin funding their own businesses and their friends businesses and their sons businesses. You get this dangerous interconnected-ness where the biggest bank was actually also the biggest steel producer etc. and the house of cards falls really quick then. That is what happened in asia in 1996, in Indonesia, Maylasia and Singapore. Lippo Bank in Indonesia more or less owned an operated many of the countries industries, and lent freely as needed.
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