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  • #946,481
  • Dec 26, 2014 1:21pm Dec 26, 2014 1:21pm
Quoting gatorinla
{quote} the euro seems to be holding its ground since 2009. fundi wise with cheaper u.s. energy. more and more ez manufacturing will be making its way to n.america. it just takes time. the euro in the ez = out against its members. the problem they will have more, and more, is competition. cheaper energy will always win since energy is the most expensive cost in manufacturing. many European Z based companies have already built and expanded plants in N. America recently.
no way
Quoting gatorinla
{quote} Companies like Beretta are doing the same, for the above reasons now. as time goes on many European companies will be selling exports to the ez with their European logo. on the other hand a higher eu makes the energy cheaper for the ez to buy from N. America. that's a valid argument. the truth is most of the ez oil does not come from the Americas. When the Germans can build a car, and ship it cheaper, from N America to Germany. the shit will hit the fan. Beretta has taken that bet.
china is no better
those who can, do. those who cant, talk about those who can
  • #946,482
  • Dec 26, 2014 1:22pm Dec 26, 2014 1:22pm
Quoting OnlineAddict
{quote} China has still a lot of work to do, but look how they started...10-20 years ago they were only good to make products for the west, because of the cheap labor and weak employment laws, so every company has been exploiting the workers to the fullest. They were completely depending on export back then. Look where they are now...I don't remember the exact numbers, but the growth of domestic purchase power is huge, might be 60% domestic 40% export now, I really don't remember the exact numbers. And in another 10-20 years they won't need...
woah.... ummm no domestic hasnt overtaken export yet.

Another thing im very concerned.... why do you think the middle class in china will stay in china??
i know too many of my HNW china clients sending their kids abroad to US to study in MIT...
heck they even recently got residency in Hungary....
surprise surprise...
even the rich chinese doesnt want to be in china....
see these are the little things you wont know if you're not based in asia.....

But one thing thats going for China right now is their lack of democracy... surprisingly despite all the noise about how socialism doesnt work? well socialism with no democracy is actually working very well for them, they are so effecting in passing legislation....
you can hear PBOC expanding their monetary policy out of the blue. you can see China dropping the one child policy out of the blue...

since when has US actually passed a legislature at a snap of a finger?
heres what i see. Yes US is still a very big power in the world stage but over time, the lack of political direction is going to hurt them.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #946,483
  • Dec 26, 2014 1:27pm Dec 26, 2014 1:27pm
Quoting OnlineAddict
{quote} China has still a lot of work to do, but look how they started...10-20 years ago they were only good to make products for the west, because of the cheap labor and weak employment laws, so every company has been exploiting the workers to the fullest. They were completely depending on export back then. Look where they are now...I don't remember the exact numbers, but the growth of domestic purchase power is huge, might be 60% domestic 40% export now, I really don't remember the exact numbers. And in another 10-20 years they won't need anyone...
Inserted Video
those who can, do. those who cant, talk about those who can
  • #946,484
  • Dec 26, 2014 1:28pm Dec 26, 2014 1:28pm
Quoting OnlineAddict
{quote} China has still a lot of work to do, but look how they started...10-20 years ago they were only good to make products for the west, because of the cheap labor and weak employment laws, so every company has been exploiting the workers to the fullest. They were completely depending on export back then. Look where they are now...I don't remember the exact numbers, but the growth of domestic purchase power is huge, might be 60% domestic 40% export now, I really don't remember the exact numbers. And in another 10-20 years they won't need anyone...


China can turn into internal eco superpower anytime it wants. Globalists know that. They knew that with Lybia. When Gadafi introduced gold backed currency backed by African eco export power especially by oil they knew they had to take him down, otherwise it would be complete threat to dollar. China can turn internally and it doesnt even need oil and can turn USD into shitpaper. They can turn their mountain of gold to back Yuan or RMB for ext(intr purchase.

But there is one big problem in your analysis OnlineAddict. No external country has ever succced against globalist in last 300 years. None of them. They all failed. Globalists are 100% successful. China and Russia are used to sacrifice their poeple and monetary power for their countries thats not the point. The thing is west can do against it. And it always has. And it always has WON. Dont try to underestiamte fiancial power of current finacial empire. Becouse anything you predict from it it will be wrong, if you do not take account of it.
  • #946,485
  • Dec 26, 2014 1:29pm Dec 26, 2014 1:29pm
Quoting gatorinla
{quote} https://www.youtube.com/watch?v=GpnoPhY1f70
Thats what im talking about... friggin china's growth is china ridiculous over-spending in infrastructure building ghost cities like that.... sigh....
no wonder china is in a terrible debt bubble far worse than US.
i just hope when it bursts, the china government will take every action to prevent contagion, something US has failed in 2008 letting lehman collapse.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #946,486
  • Dec 26, 2014 1:31pm Dec 26, 2014 1:31pm
Quoting fxtyrant
{quote} woah.... ummm no domestic hasnt overtaken export yet. Another thing im very concerned.... why do you think the middle class in china will stay in china?? i know too many of my HNW china clients sending their kids abroad to US to study in MIT... heck they even recently got residency in Hungary.... surprise surprise... even the rich chinese doesnt want to be in china.... see these are the little things you wont know if you're not based in asia.....
The Chinese are already all over the world...its really hard to find a major city worldwide, where they don't have their own city in itself, so there are already many who are leaving and also many who are staying. Looking at the developed cities these days...the major Chinese cities...I really don't see a reason for the middle class to leave, because they wouldn't leave for better. The chinese middle class makes a comfortable $3k per month and about 5 years ago it was 8-10% of the population, not sure whats the number now. Last time I was in China, I couldn't believe what they achieved over the last 20 years...new gorgeous cities built from scratch. But regular workers still suffer over there, so they still have a lot work to do, if they even want to do something about it, which I doubt.
Everyone can see the chart, but only a few can actually read it.
  • #946,487
  • Dec 26, 2014 1:31pm Dec 26, 2014 1:31pm
Quoting janpec1000
{quote} China can turn into internal eco superpower anytime it wants. Globalists know that. They knew that with Lybia. When Gadafi introduced gold backed currency backed by African eco export power especially by oil they knew they had to take him down, otherwise it would be complete threat to dollar. China can turn internally and it doesnt even need oil and can turn USD into shitpaper. They can turn their mountain of gold to back Yuan or RMB for ext(intr purchase. But there is one big problem in your analysis OnlineAddict. No external...
heres what im worried. yes china holds a lot of gold and so does India.
but gold is still the US' home field advantage.....

Russia was backed by oil...
but oil too was US' home field advantage... look where russia is now....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #946,488
  • Dec 26, 2014 1:32pm Dec 26, 2014 1:32pm
Quoting gatorinla
{quote} https://www.youtube.com/watch?v=GpnoPhY1f70
Yeah, I saw those, its fucking crazy...they even replicated a small town I visited in Austria, which I thought nobody even knew it exists. They took copying to a whole new level. lol
Everyone can see the chart, but only a few can actually read it.
  • #946,489
  • Dec 26, 2014 1:33pm Dec 26, 2014 1:33pm
Quoting stewrigh
{quote} Today......... Russia cut gas exports to Europe by 60 per cent today, plunging the continent into an energy crisis 'within hours' as a dispute with Ukraine escalated. http://www.dailymail.co.uk/news/arti...#ixzz3N28SlFIr
and he will start more shit in Libya .. its not unexpected. children do stuff like that.
those who can, do. those who cant, talk about those who can
  • #946,490
  • Dec 26, 2014 1:33pm Dec 26, 2014 1:33pm
Quoting OnlineAddict
{quote} The Chinese are already all over the world...its really hard to find a major city worldwide, where they don't have their own city in itself, so there are already many who are leaving and also many who are staying. Looking at the developed cities these days...the major Chinese cities...I really don't see a reason for the middle class to leave, because they wouldn't leave for better. The chinese middle class makes a comfortable $3k per month and about 5 years ago it was 8-10% of the population, not sure whats the number now. Last time I was...
rich chinese people still leaving china because of the standard of living in china is still very poor.
huge income inequality, poor education world wide, lack of freedom of speech, lack of social security, high corruption (although they are clamping down on this), poor environmental quality....

soo yea still reason for them to leave if they have the money to do so.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #946,491
  • Dec 26, 2014 1:34pm Dec 26, 2014 1:34pm
Quoting OnlineAddict
{quote} Why? can we only long a reversal? Lets say a make 50 pips on my long, my broker will still give me the money. They won't keep it just because I didn't catch some bottom. I am not looking for bottoms or tops on weekly or monthly charts and 99% of people in here are scalpers, so I am really getting sick of explaining it again and again like in pre-school. I am not opening a trade and leaving the computer for 5 years, jesus fucking christ. This is the last time I am talking about this. If this turns btw, it will be just as funny as when it...
  • #946,492
  • Dec 26, 2014 1:35pm Dec 26, 2014 1:35pm
Quoting OnlineAddict
{quote} Yeah, I saw those, its fucking crazy...they even replicated a small town I visited in Austria, which I thought nobody even knew it exists. They took copying to a whole new level. lol
hmmmm they copy in quantity... but when you dig deeper into the quality, you'll see buildings built out of plaster that collapses easily under 6 magnitude earthquakes like thos in sichuan.....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #946,493
  • Dec 26, 2014 1:36pm Dec 26, 2014 1:36pm
Quoting janpec1000
{quote} China can turn into internal eco superpower anytime it wants. Globalists know that. They knew that with Lybia. When Gadafi introduced gold backed currency backed by African eco export power especially by oil they knew they had to take him down, otherwise it would be complete threat to dollar. China can turn internally and it doesnt even need oil and can turn USD into shitpaper. They can turn their mountain of gold to back Yuan or RMB for ext(intr purchase. But there is one big problem in your analysis OnlineAddict. No external...
I agree that it won't be easy to change the way the world works. The financial markets still run the world and will do so for some time. The thing is...all the other countries who tried to fight it, they were small and weak compared to China. Hell, even Russia means nothing and is powerless compared to China, because they don't have much to offer other than natural resources. Sorry, Russians.
Everyone can see the chart, but only a few can actually read it.
  • #946,494
  • Dec 26, 2014 1:38pm Dec 26, 2014 1:38pm
Quoting gatorinla
{quote} something stinks. china #s dont match copper or iron. if china pmi #s are correct. the aud would not have fallen so much. metal prices are showing a shift opposite of what china is selling.
all u need to know about china is in a copper chart (aud can work also)
those who can, do. those who cant, talk about those who can
  • #946,495
  • Dec 26, 2014 1:38pm Dec 26, 2014 1:38pm
Quoting fxtyrant
{quote} hmmmm they copy in quantity... but when you dig deeper into the quality, you'll see buildings built out of plaster that collapses easily under 6 magnitude earthquakes like thos in sichuan.....
Yeah, I know...I have even seen London streets in China...exact copies...with apartments they are trying to sell to rich people, but who the hell would want to live in a place where only tourists are around. They do many things in a wrong way...trying to spend money on things to show off...luckily for them, they have enough money for it at this point, Russians tried the same and we can see where it took them.
Everyone can see the chart, but only a few can actually read it.
  • #946,496
  • Dec 26, 2014 1:40pm Dec 26, 2014 1:40pm
anyways, real constructive debates going on here tonight, real happy for the peacefulness, should do this more often.
market is pretty dead right now soo im gona head off, wishing everyone here a pleasant holiday. i probably wont be trading until say the 2nd week of january.
the folks at office are still going out clubbing and organizing new year dinners on the first week of january so dont expect much action.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #946,497
  • Dec 26, 2014 1:42pm Dec 26, 2014 1:42pm
Quoting fxtyrant
{quote} rich chinese people still leaving china because of the standard of living in china is still very poor. huge income inequality, poor education world wide, lack of freedom of speech, lack of social security, high corruption (although they are clamping down on this), poor environmental quality.... soo yea still reason for them to leave if they have the money to do so.
Yes, but that goes mostly for smaller places...living in the major cities in China, you have have the same lifestyle as in New York, London or Tokio. You won't even meet the poor people there, if you don't want to. But its the same in the west, anyway...look at NYC...Manhattan is a completely different world to Queens, which is just around the corner. You have rich and middle class and few minutes away by subway people so poor, you wouldn't believe it. And nobody tell me that Queens is the new Brooklyn, because I heard that, too, but I wouldn't even stop the car on the way from the airport to the city through Queens.
Everyone can see the chart, but only a few can actually read it.
  • #946,498
  • Dec 26, 2014 1:43pm Dec 26, 2014 1:43pm
Quoting OnlineAddict
{quote} Yeah, I know...I have even seen London streets in China...exact copies...with apartments they are trying to sell to rich people, but who the hell would want to live in a place where only tourists are around. They do many things in a wrong way...trying to spend money on things to show off...luckily for them, they have enough money for it at this point, Russians tried the same and we can see where it took them.
actually smart russians and saudi actually simply buy shit loads of apartments in London instead of building a copy, they then earn money by renting these luxurious London apartments out at extortion prices......

heard of scotland yard? the famous police station in London, some arab family bought the place out, knocked down the place to build a luxury apartment building...
so Ruble collapse didnt hurt the rich russians much..... only the poor and middle class russians who are in support of putin....
rich russians didnt want putin in government, they liked Medvedev.... but power of the people put Putin back in power...
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #946,499
  • Dec 26, 2014 1:44pm Dec 26, 2014 1:44pm
Quoting fxtyrant
{quote} heres what im worried. yes china holds a lot of gold and so does India. but gold is still the US' home field advantage..... Russia was backed by oil... but oil too was US' home field advantage... look where russia is now....
Gold is not USA advantage its IMF advantage only im my opinion. There is no proof at all that USA has any gold. If FED had it it would still be 0 proff at all becouse FED is NOT USA instituation by law. So it is just private holding if it is there. Citizens of USA have no backing of their holdings by gold either its pensions or current money at all. When FED does fully creditable check of holdings i will withdraw this comment, until that it keeps legit.

Agree Russia was backed by oil and so it was many other Bricks countries. But really lets keep it realistically. If you are on ground 0, and you have option to use oil or food/industry to grow your gdp, while oil is 5 times easier to do so, what would you pick? Most eco driver presidents would prick first one, to grow country as quick as possible, thats what ahppened. They try to think about agression of USA and financian markets in second place, when they grow, obviously that doesnt waits, it strikes in unpredicpable times. This is REGULAR action of war, that has happened over many times trough history, its text book, same to what i was saying about oil price wars. Its nothing new.
  • #946,500
  • Dec 26, 2014 1:44pm Dec 26, 2014 1:44pm
no one not even china is immune to the rule of 76.. or the jack ass rule "a fast shitting mule, doesn't shit long"
those who can, do. those who cant, talk about those who can
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