by Michael Snyder Up until now, the U.S. trade war with China has simply been a bunch of threats and counter-threats, but now things are about to get very real. On Friday, the first round of U.S. tariffs on Chinese goods …
Geoff Raby, Australia’s former ambassador to China, told CNBC on Friday: “It looks like the first shots to the trade war are about to be fired.” Tariffs on $34 billion worth of Chinese goods kickin in at 12:01 a.m. EST …
How long do you think “temporarily” means in this case? Any thoughts on the long term impact of this decision? https://www.bloomberg.com/news/articles/2018-07-03/micron-chip-sales-banned-in-china-on-patent-case-rival-umc-says A Chinese court temporarily banned Micron Technology Inc. chip sales, cutting the U.S. company off from the world’s largest semiconductor market, …
by Michael Snyder While most of the world is focused on the World Cup and other trivial pursuits, the three global superpowers are busy jockeying for nuclear superiority. Historians will debate the extent to which the first Cold War ever …
If we look at the amount of intervention right now, it would seem as if there was a crisis unfolding right before our eyes. But listen carefully and all you can hear are crickets chirping in the night. There has …
by Egon von Greyerz Whilst the US government worries about the military threat of Russia, and the trade deficit with China, they show no concern for the real problems. To understand what is really happening, all we need to do is …
Facebook decided that cryptocurrencies are not that dangerous and allows advertisers back in. Core durable goods decline. Pending homes sales decline during the hot time for real estate. Mnuchin back tracks and tries to explain the China investing scenario. The …
by Shaun Richards This morning has brought news of something which would bring a chill to the heart of any central banker. It comes from China as we note this from Reuters. So far this year, the Shanghai stock index …
How will China’s stock market stop the BEAR market from continuing? Natural growth or government intervention? Will Deutsche Bank fail? If there is to be a bailout, the question I have is specifically, HOW? What mechanism will they use? Bank …
by John Rubino Being huge, consequential and technologically advanced, China isn’t normally lumped into the “emerging” category with Brazil and Argentina. To most observers they’ve already left the kids table and are now seated with the developed-world adults. But that might …
Why is China reducing their reserve ratios and making it easier for people to get loans? The financial system is not strong. Don’t believe the mainstream media. It has been supported by trillions and trillions of dollars printed and barely …
by Lost_in_Adeles_Rolls #BREAKING#PBOC ANNOUNCED 0.5% TARGETED CUT IN #RRR RESERVE REQUIREMENT RATIO, WITH EFFECT FROM JULY 5 https://t.co/BAP0B6byfe — YUAN TALKS (@YuanTalks) June 24, 2018 #PBOC:The #RRR cut will release 500bn yuan for big five state banks and 12 national …
by Michael Snyder It is difficult to find the words to describe just how serious America’s trade war with China is becoming. As you will see below, the two largest economies on the entire planet are on a self-destructive course …
Will China-U.S. trade tensions escalate and cause a recession?
via Zhang Shidong China’s intensified trade spat with the US is now about to send its US$6.7 trillion equity market into bear territory. The benchmark Shanghai Composite Index is now down 19 per cent from its January high, on the cusp …
China’s message for couples after decades of limiting families to just one child? Please have more children! Why the turnabout? China’s aging. By 2040, projections show that 24 percent of the population will be aged 65 or older, a slightly …
From Birch Gold Group If you stand back and spray a hornet’s nest, you can avoid getting stung. But if you kick over a hornet’s nest, you better watch out. And the time to watch out is now because the U.S. …
The U.S.-China trade spat isn’t why stocks are stumbling (it's due to the unwinding of excessive optimism): https://t.co/Nnmr7BjKKz $QQQ $XLK pic.twitter.com/6o4lVwK8Zl — Lance Roberts (@LanceRoberts) June 19, 2018 Do you really think the threat of a trade war is causing …
#MarginCalls loom in #China as prices of pledged shares plunge. According to statistics by TF Securities, as of Jun 19th, stock prices of 619 companies were close to levels where margin calls will be triggered. Shanghai Composite tumbled 3.8% on …
via smh.com.au: Everbody thought China was going to start wars and attack people to get land? Nope! Them commies are just buying everything they can! They have taken over a big chunk of Cambodia, just by buying there way in! No …
Please let me know what you thought about how bailouts don’t actually fix a problem. Financial companies in particular are completely intertwined and so are “Too Big To Fail”. But that can’t be unwound without causing a Global Economic Collapse. …
https://www.youtube.com/watch?v=oMnTDCDRO74 For More Information See: https://www.zerohedge.com/news/2018-0… http://journals.plos.org/plospathogen… https://www.cdc.gov/flu/avianflu/avia… https://www.cdc.gov/flu/pdf/avianflu/… https://www.independent.co.uk/news/sc… https://www.telegraph.co.uk/news/0/mu… https://www.forbes.com/sites/brucelee… https://www.newsmax.com/newsfront/h7n… http://www.who.int/blueprint/priority… https://pdf.usaid.gov/pdf_docs/Pcaab5… https://research.uci.edu/facilities-s… https://www.japantimes.co.jp/news/201…
by Kimble Charting CLICK ON CHART TO ENLARGE While trade tensions between China and the States are getting a good deal of attention of late, one might want to keep a close eye on the price action of the SSE Composite (Shanghai …
by Michael Snyder Can the global financial system handle a full-blown trade war between the two largest economies on the entire planet? We have never seen anything like this happen in the modern age, and this is creating a tremendous amount …
by WARREN MOSLER A weaker than expected print due to auto sales which have been volatile, but charts show it’s still chugging along at a modest pace: Highlights A big drop in autos skewed industrial production lower in May, slipping 0.1 …
from Zero Hedge Update: Beijing responded that it would retaliate with tariffs in equal scale to the $50BN of duties on Chinese goods unveiled by the Trump administration. “China will immediately introduce countermeasures of the same scale and strength,” an unnamed Chinese …
via STEPHEN LETTS China’s economy appears to have hit a significant speed hump, with a number of key indicators across the industrial, construction and retail sectors slowing to either multi-year, multi-decade or record lows. Key points: Urban infrastructure investment growth at the …
by Thinker While trading desks are scrambling to goalseek the Fed’s clearly hawkish statement into a dovish speech by Powell, in order to keep the Koolaid flowing at least a bit longer and stem today’s bloodletting, one potential catalyst that …
Vietnamese anger explodes in response the Chinese encroachment.
How can this be? Don’t we have CFIUS to oversee foreign investment in the US? Send this to your congressman. There is so much going on that they don’t always know about these things. In the last couple of decades …