Search results

If they said Bin Laden caused the global financial crisis, you would believe that as well. All the tapes since 2001 are most likely fake. Bin Laden will never be found (alive at least) because that would mean that the truth may come out and the war on terror will end, which is something that...

Yeh, nothing kills boredom better than being shot in the head or losing a limb.

I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones. --Albert Einstein

Ponzi loans aside, what Mish said is pretty much in line with what you're saying. Look at his heading: ".......Home sales plunge 44% in Xiamen ; Bubble Bursts in Tianjin. He does not say 44% drop in prices, he says plunge in sales, which is what happens at a property market top. Here's the...

How the US economy is being deliberately destroyed: http://www.brasschecktv.com/page/897.html Here's another economist who understands what's going on: http://www.youtube.com/watch?v=3pwAFohWBL4

When politicians wake up to what's going on, it'll be way too late to do anything about it. China now has new factories, western technology, and in time all the R&D expertise to develop all its own stuff without western input. All handed to them on a silver platter. China will quietly...

What Newguy quoted was a line about suicides, the inference being that the quote alone nullified everything else that was posted on the topic by Mish, which it does not. I was more interested in the Chinese property bubble in general, Mish's post on ponzi financing, if accurate, just adds...

So that's your response, a quote from one person, and name calling. I was hoping to get some insight from our apparent China experts here, you being one, on what was posted by Mish, but see you are just a cretin with a big ego, which makes Mish's post that much more credible.

An interesting piece on China's property bubble on Mish's blogg today: http://globaleconomicanalysis.blogspot.com/2010/07/ponzi-shark-loans-fuel-chinas-housing.html

You obviously have yet to be arse raped via divorce, something that never happened in the now fantasy world of old that you appear to be drawn to. The reality is that it's women that have changed, not men. So what's behind the change? I believe the answer (in part) can be found 7 minutes into...

It would have been better to ask what's happening to women since it's their attitudes and expectations that have changed most over the years. Men in general just don't know what to make of it all. Qualities men offered women in the past, such as protection and financial support, are no longer...

Are you he BTW?

His frustration is with people like you.

There has been no 1930's depression in Japan. Yes, they've seen falling consumer prices, asset prices, and GDP, but maybe with the exception of asset prices, nothing like the 30's. Their unemployment rate has stayed way below 6% the whole time as I recall. Deflation rewards the prudent and will...

Then I suggest that you at least take a peek at Buddhism so you can understand our human nature better. It is part of our very fabric, our ego or false sense of self as some may call it, to have more than what we need, if not better than what others have. If it's not more money, it may be more...

And that's why it will fail miserably: the majority will act with their own interests in mind. You've been reading too many books on Buddhism it seems. Yes, the world would be a truly beautiful place if everyone was enlightened like Buddha, but that is not the case. Even old Tibet, which was...

The only difference between a tax man and a taxidermist is that the taxidermist leaves the skin. -- Mark Twain

Yes it does, and yes I was too hasty with that response, but is it really that important. The point I was trying to make with my original post (on page 2) was that Klugman's approach if taken to the end, will result in the demise of the currency involved and hyperinflation, just like Mises said...

In terms of direction I see things much the same way, but who knows what will happen next? With Japan, the carry trade may start over? The Japanese may be able to avoid their day of reckoning by seriously addressing their debt problems as they've indicated recently...

Because the money that was borrowed at ridiculously low rates in Japan and invested in the US, Australia, etc, is heading back home.