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  • Hysteria over China has become ridiculous

    From telegraph.co.uk

    Hysteria over China has reached the point of collective madness. Forecaster Nouriel Roubini said in Davos that markets have swung from fawning adulation of the Chinese policy elites to near revulsion within a space of 12 months, and they have done so based on scant knowledge and a string of misunderstandings. The Chinese themselves are being swept up by the swirling emotions. State media has accused hedge fund veteran George Soros in front page editorials of attempting to smash China's currency regime by "reckless speculation and vicious shorting". "Soros’s war on the renminbi cannot possibly succeed – about this ... (full story)

  •  Guest
  • | IP XX.XX.191.193
nice one, Ambrose. what everyone is concerned about is giving a box of matches to a toddler in a dynamite factory, thanks to IMF. sure, they are big population-wise and recently doubled up on reproductive capacity. the problem is communist mentality, dude, sheepish millions following the party line. they have got a long history like the Egyptians, the Greeks and the Romans, and my ancestors in Atlantis.

as a war correspondent, Ambrose will get the drift of my prose.
Only thing ridiculous is how AEP attempts to spin China. I mean christ, the shadow banking is a powder keg, NPLs at 20%, growth is crawling and it's so bad the communist party has to come out and say that the numbers can be trusted lol imports/exports horrible. It's a joke.

every article he writes he tries to say this indicator bottomed, that bottomed only to head lower. It's sad
  •  Guest
  • | IP XX.XXX.55.253
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  • Story Stats
  • Posted: Jan 28, 2016 1:18pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 2  /  Views: 1,762