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    World Economic News and Discussion

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    TR1

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    Re: World Economic News and Discussion

    Post  TR1 on Fri Oct 24, 2014 12:02 am

    Yeah Oregon outside of the Willamette Valley and the Coast is pretty bad. If you think North-east is bad, you should see the desert areas in the South....Malheur county has like 10 people living in it.

    I've never taken the 97, I only use the 5 when I drive from Portland to the Bay. Isn't it much slower?
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    Mike E

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    Re: World Economic News and Discussion

    Post  Mike E on Fri Oct 24, 2014 12:18 am

    TR1 wrote:Yeah Oregon outside of the Willamette Valley and the Coast is pretty bad. If you think North-east is bad, you should see the desert areas in the South....Malheur county has like 10 people living in it.

    I've never taken the 97, I only use the 5 when I drive from Portland to the Bay. Isn't it much slower?
    I doubt Harney is much better.... That being said, you haven't seen crap until you've seen the north-west Humboldt County in Nevada. I stayed there for a couple of days at a campground and it was my closest time to death (ok, not really). Literally nobody lives there, look up Denio, Nevada, and you'll see what I mean. (I was at the Sheldon National Wildlife Refuge, I *dare* you to look at the pictures off it! - Desert areas)

    5 is quicker to the Portland area, but I was going up to Spokane in north-east WA. 97 cuts off about a hundred miles that way, but it also cuts off a hundred days off of your life from observing the isolation. The nice thing about 97, is that there is no traffic unless there are semis (in which case you are screwed, I had to pass tens and tens if not hundreds of semis). That being said, most of the time we were cruising at 90+ so no complaints there...
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    higurashihougi

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    Re: World Economic News and Discussion

    Post  higurashihougi on Fri Oct 24, 2014 4:51 am

    Don't know about similar stuffs in U.S., but one of my friends went to Singapore and found that Samsung dominate the smartphone there. After a day of going here and there he bought a Huawei Cool
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    Mike E

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    Re: World Economic News and Discussion

    Post  Mike E on Fri Oct 24, 2014 5:00 am

    higurashihougi wrote:Don't know about similar stuffs in U.S., but one of my friends went to Singapore and found that Samsung dominate the smartphone there. After a day of going here and there he bought a Huawei Cool
    Samsung sells a lot of high-end devices here, but for the most part that market in owned by Apple thanks to their marketing and former reputation. Thankfully other companies are rising up here in the US, and I think that a lot of iPhone users are looking at Android despite the iP6's amazing sales here so far. Huawei devices are nice, but you'd never find one here... People here have convinced themselves that Chinese-designed devices will sell their information, despite their iPhones being built there...
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    higurashihougi

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    Re: World Economic News and Discussion

    Post  higurashihougi on Fri Oct 24, 2014 5:17 am

    Mike E wrote:
    higurashihougi wrote:Don't know about similar stuffs in U.S., but one of my friends went to Singapore and found that Samsung dominate the smartphone there. After a day of going here and there he bought a Huawei Cool
    Samsung sells a lot of high-end devices here, but for the most part that market in owned by Apple thanks to their marketing and former reputation. Thankfully other companies are rising up here in the US, and I think that a lot of iPhone users are looking at Android despite the iP6's amazing sales here so far. Huawei devices are nice, but you'd never find one here... People here have convinced themselves that Chinese-designed devices will sell their information, despite their iPhones being built there...

    Basically because China is a competitor of U.S. therefore there are people who are attempt to decrease the image of Chinese goods so that the U.S. can win in the competition.

    In order to win in such competition, sometimes people created a complete bullshit story to fool the public and that is quite successful because people can be easily drowned in a massive sea of information and disinformation.

    To be fair I have witnessed a great number of Chinese bad commodities, quite a large number of them. But thankfully these are mainly the smuggled goods, or goods with dubious origins. But the large number of Chinese low-quality goods is a fact.

    I don't care much about "selling information" because I am quite assure that 1) being a normal mediocre indiviual I do not have any valuable information for the China to get and 2) all kinds of goverment in this world has been watching their citizens for long long time.

    It is said that after Steve Jobs passed away, the designs of iPhone has lost something very important, something very Steve Jobs which used to make the legend of Apple and iPhone.
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    Mike E

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    Re: World Economic News and Discussion

    Post  Mike E on Fri Oct 24, 2014 6:42 am

    higurashihougi wrote:
    Mike E wrote:
    higurashihougi wrote:Don't know about similar stuffs in U.S., but one of my friends went to Singapore and found that Samsung dominate the smartphone there. After a day of going here and there he bought a Huawei Cool
    Samsung sells a lot of high-end devices here, but for the most part that market in owned by Apple thanks to their marketing and former reputation. Thankfully other companies are rising up here in the US, and I think that a lot of iPhone users are looking at Android despite the iP6's amazing sales here so far. Huawei devices are nice, but you'd never find one here... People here have convinced themselves that Chinese-designed devices will sell their information, despite their iPhones being built there...

    Basically because China is a competitor of U.S. therefore there are people who are attempt to decrease the image of Chinese goods so that the U.S. can win in the competition.

    In order to win in such competition, sometimes people created a complete bullshit story to fool the public and that is quite successful because people can be easily drowned in a massive sea of information and disinformation.

    To be fair I have witnessed a great number of Chinese bad commodities, quite a large number of them. But thankfully these are mainly the smuggled goods, or goods with dubious origins. But the large number of Chinese low-quality goods is a fact.

    I don't care much about "selling information" because I am quite assure that 1) being a normal mediocre indiviual I do not have any valuable information for the China to get and 2) all kinds of goverment in this world has been watching their citizens for long long time.

    It is said that after Steve Jobs passed away, the designs of iPhone has lost something very important, something very Steve Jobs which used to make the legend of Apple and iPhone.
    Not really (and yes really at the same time), it is just a bunch of idiots who fall for the click-bait articles that are full of lies, that and the "tension" between China and the US.



    More than a fact, they are abundant in many markets, including the auto one. That being said, products made by companies like Huawei and Xiaomi are high-quality and are by no means cheap knock-offs.

    True... I seriously doubt that they sell users information...

    Steve was over-rated, if anything, Apple's recent drop in product-quality is the result of Jony Ive being in control of their products.....
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    higurashihougi

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    Re: World Economic News and Discussion

    Post  higurashihougi on Sat Oct 25, 2014 7:21 am

    One person also has asked the author about what is the second depression in 1936-1939. And this is his answer:

    Look at this graph
    http://www.facebook.com/l.php?u=http%3A%2F%2Fen.wikipedia.org%2Fwiki%2FFile%3AGraph_charting_income_per_capita_throughout_the_Great_Depression.svg&h=RAQEbzzEd\

    The 1936-1939 is a second period of the economic depression in the West. Actually a great number of opinions do not consider that 1936-1939 is the second depression. But according to the analyzing of Germany and the USSR, 1936-1939 is exactly a second economic depression. The name is "double depression". That is the reason why Western people see the term of "double depression" as a nightmare.
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    Mike E

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    Re: World Economic News and Discussion

    Post  Mike E on Sat Oct 25, 2014 8:16 am

    I wouldn't call that a second depression, it was a small negative "blip" in the long-term positive results. A recession it was, but not a depression... Heck, it was probably (I only know crap about the "first" great depression) due to the first one, in which case it isn't an independent depression anyways...

    type055

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    Re: World Economic News and Discussion

    Post  type055 on Thu Oct 30, 2014 4:18 am

    where do u get this article,could u give a link? Cool Cool
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    higurashihougi

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    Re: World Economic News and Discussion

    Post  higurashihougi on Sat Nov 01, 2014 12:29 pm

    type055 wrote:where do u get this article,could u give a link? Cool Cool

    Okay but can you read Vietnamese ?

    https://www.facebook.com/HuyPhuc1981NB/posts/1516157588631618
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    henriksoder

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    Economic Development in Asia

    Post  henriksoder on Sat Apr 11, 2015 11:48 am

    http://www.svd.se/naringsliv/tillvaxtlanderna-gar-framat-pa-bred-front_6422272.svd

    - "The emerging importance increases and the dollar's dominance can be broken in 2025, writes the World Bank in a study. By 2050, Asia account for half the world economy and three billion more Asians live in prosperity, but there are many traps on the way, says the Asian Development Bank in a Another vision of the future.

    China is estimated on average to maintain a growth of about 7 percent per year until 2025, when China can have an equally large economy like Japan, India, Brazil and Russia. India's economy is stimulated by the country has a young population, but slowed down by "relatively low levels of education." Russia's growth held back by political problems,

    The first and most sought-after scenario called "Asian Century". When Asia 2050 stand for half the world economy, or nearly 150 000 billion dollars of GDP, calculated at current prices. Then the average per capita income nearly 39,000 dollars per year, much like in Europe now. In this case, an additional approximately three billion Asians lifted from poverty to prosperity.

    Seven Asian countries (China, India, Indonesia, Japan, Korea, Malaysia and Thailand) are expected to lead the development and account for 90 percent of Asia's GDP in 2050. "

    Any opinions or facts about this? I think that India's GDP will be bigger than US's 2050, it's fantastic that the living standard will be the same in Asia as in Europe today 2050. I think Asia should focus on a closer cooperation both military and economic for a strong development in the world and Asia should also work for closer cooperation between Asia and Europe and US. Asia should also work for development in Africa and stand for a prosper, peaceful and developing world and a fair Asia. Any know how the economic development in Africa will be? What is your opinion?

    /Henrik
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    sepheronx

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    World Economic News/Discussion

    Post  sepheronx on Wed Jun 03, 2015 8:35 pm

    I figured there should be just one thread for news and such regarding this. I will use this main page as a index of some sort of important news and links to various sites worth watching.
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    sepheronx

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    Re: World Economic News and Discussion

    Post  sepheronx on Wed Jun 03, 2015 8:37 pm

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    sepheronx

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    Re: World Economic News and Discussion

    Post  sepheronx on Wed Jun 03, 2015 8:40 pm

    What FIFA Can Teach Us About Overpriced (And Overhyped) Stocks
    FIFA headquarters seem more like a nuclear bunker than a swanky executive facility – or perhaps they are both.

    They take up 11 acres on the Zürichberg, cost 240 million Swiss francs, and of the building’s eight floors, five of them are underground.

    They incorporate a fitness centre, a meditation room and a full size football (soccer) pitch.

    Bloomberg Business reports that cell phones are rendered inoperative by the black, Brazilian granite in the bowels of the building, and that executive committee meetings are held on the third subterranean level, in a conference room that has a floor of lapis lazuli.

    Buildings make a statement about their owners. FIFA-Hauptquartier seems to be saying: our owners have a boatload of cash.

    When the building was inaugurated, high winds and driving rain forced the anticipated flag ceremony indoors.

    But that didn’t faze Obergruppenführer Sepp Blatter (for the avoidance of any doubt, we are not suggesting that Sepp Blatter is or has ever been a Nazi paramilitary, although The Guardian has called him “the most successful non-homicidal dictator of the past century”), who opined artfully that

    “The sky is touched with tears but we can live with that because football also has to live in all weather conditions and rain is a gift from heaven.”
    Grand High Ming Blatter, who has been compared by the president of Dominican Republic soccer, to Jesus Christ, Nelson Mandela and Winston Churchill, also observed of his headquarters’ vast glass frontage that it

    “would allow light to shine through the building and create the transparency we all stand for.”
    Well, quite. Apart from in those five underground levels where you can’t receive a mobile phone signal, and where FIFA’s legal department requires that visitors sign nondisclosure agreements for routine meetings.

    Or even more ‘transparent’, FIFA’s head of finance Markus Kattner told Bloomberg that they wouldn’t disclose how they spent $397 million in personnel expenses, or what Mr. Blatter’s salary is: “We have hidden it so you cannot find it.”

    And if FIFA had shareholders, it is likely they would be somewhat less impressed by the gaudy awfulness and conspicuous consumptiveness of it all.

    Read more at Zerohedge.
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    sepheronx

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    Re: World Economic News and Discussion

    Post  sepheronx on Wed Jun 03, 2015 10:29 pm

    Iran looks into 5-6 routes to deliver gas to EU after sanctions are lifted - gas company NIGC
    Tehran is considering several gas delivery routes to Europe after Western sanctions on the country are lifted.

    “Iran is considering several routes to deliver gas to Europe, possibly around five or six routes,” Azizollah Ramezani, head of the National Iranian Gas Company’s liaison office told RIA Novosti news agency on Wednesday.

    There is the idea that Iran may join Turkstream to get some of its assets into Europe. So there may be negotiations in the future between Iran, Turkey and Russia.
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    KoTeMoRe

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    Re: World Economic News and Discussion

    Post  KoTeMoRe on Thu Jun 04, 2015 1:12 am

    sepheronx wrote:Iran looks into 5-6 routes to deliver gas to EU after sanctions are lifted - gas company NIGC
    Tehran is considering several gas delivery routes to Europe after Western sanctions on the country are lifted.

    “Iran is considering several routes to deliver gas to Europe, possibly around five or six routes,” Azizollah Ramezani, head of the National Iranian Gas Company’s liaison office told RIA Novosti news agency on Wednesday.

    There is the idea that Iran may join Turkstream to get some of its assets into Europe.  So there may be negotiations in the future between Iran, Turkey and Russia.
    That's non-sense, Iran has already a captive market in the East, why would it risk the same kind of BS like Russia by selling its gas to the very people that want to choke it? Unless it is a cartel swap, Russia takes some Iranian shares towards the East and Iran recoups Russian shares in Europe...the second option will have big issues with the current crop of thieves in Europe and the US.
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    sepheronx

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    Re: World Economic News and Discussion

    Post  sepheronx on Thu Jun 04, 2015 4:54 am

    KoTeMoRe wrote:
    sepheronx wrote:Iran looks into 5-6 routes to deliver gas to EU after sanctions are lifted - gas company NIGC
    Tehran is considering several gas delivery routes to Europe after Western sanctions on the country are lifted.

    “Iran is considering several routes to deliver gas to Europe, possibly around five or six routes,” Azizollah Ramezani, head of the National Iranian Gas Company’s liaison office told RIA Novosti news agency on Wednesday.

    There is the idea that Iran may join Turkstream to get some of its assets into Europe.  So there may be negotiations in the future between Iran, Turkey and Russia.
    That's non-sense, Iran has already a captive market in the East, why would it risk the same kind of BS like Russia by selling its gas to the very people that want to choke it? Unless it is a cartel swap, Russia takes some Iranian shares towards the East and Iran recoups Russian shares in Europe...the second option will have big issues with the current crop of thieves in Europe and the US.

    Well, India is one of Irans largest consumers of oil/gas and Russia is looking to build a pipeline to India, as well, Russia acts as a medium between India and Iran for sales of oil/gas, so my guess is it will be a cartel swap of some sort.
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    GarryB

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    Re: World Economic News and Discussion

    Post  GarryB on Thu Jun 04, 2015 8:32 am

    The Guardian has called him “the most successful non-homicidal dictator of the past century”)

    evidence... the guardian... a mouthpiece of the west, only calls elected officials dictators when they don't control them... the problem with FIFA is that the block we call the west is a minority and the non western countries are not interested in towing the western line... so an elected leader that does not bow down to western BS... like Blatter, like Chavez, like Putin, etc etc are called dictators even when they are elected into office...

    Now that the west has gotten its way the FIFA world cups will be held in western europe and the US and no where else.... and the game will stagnate... and the English still wont win a world cup.


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    George1

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    Re: World Economic News and Discussion

    Post  George1 on Mon Jun 08, 2015 3:27 am

    In 2010, four out of the top five economies in the world were part of the West. In 2050, according to Goldman Sachs, the United States will be the only Western power to make it into the top five.

    But i dont think that India' GDP would be bigger than that of USA. China's yes is the most logic
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    sepheronx

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    Re: World Economic News and Discussion

    Post  sepheronx on Thu Jul 23, 2015 8:39 am

    11 Signs That America Has Already Gone Down The Toilet
    Just when you think that the depravity of the United States cannot possibly get any worse, something else comes along to surprise us. Many of the things that you are about to read about in this article are incredibly disturbing, but it is important that we face the truth about how far this nation has fallen. There are times when I will be having a conversation with someone else about the state of our country, and the other person will say something like this: “Wow – America is really going down the toilet.” At one time, I would have totally agreed with that. But at this point I would have to say that we have already circled the bowl and have made it all the way through to the other end. Our society is absolutely addicted to entertainment (most of which is utter trash), tens of millions of us are hooked on drugs (both legal and illegal), and we have murdered more than 56 million of our own babies. Our financial system is consumed with greed, we treat our military veterans like human garbage, and most of our “leaders” in Washington D.C. are deeply corrupt. In America today, 64 percent of all men view pornography at least once per month, it is estimated that one out of every four girls is sexually abused before they become adults, and we have the highest teenage pregnancy rate in the entire industrialized world. We like to think that we are an “example” to the rest of the world, but the only example that we are setting is a bad one. The following are 11 signs that America has already gone down the toilet…

    Americans Are Fleeing These US Cities In Droves
    What do El Paso, New York, and Chicago have in common? They are among the top 20 cities from which Americans are fleeing in droves...

    The map below shows the 20 metropolitan areas that lost the greatest share of local people to other parts of the country between July 2013 and July 2014, according to a Bloomberg News analysis of U.S. Census Bureau data. The New York City area ranked 2nd, losing about a net 163,000 U.S. residents, closely followed by a couple surrounding suburbs in Connecticut. Honolulu ranked fourth and Los Angeles ranked 14th. The Bloomberg calculations looked at the 100 most populous U.S. metropolitan areas.

    Greek Lawmakers Clear The Way For Formal Bailout Discussions
    Update: 36 Syriza lawmakers did not support the bill.

    As expected, the Greek parliament has approved a second set of prior measures, clearing the way for formal discussions on a third bailout program for the debt-stricken country.

    As Bloomberg notes, "several lawmakers of governing Syriza party, including Parliament Speaker Zoi Konstantopoulou, former deputy Finance Minister Nadia Valavani didn’t support bill."
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    sepheronx

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    Re: World Economic News and Discussion

    Post  sepheronx on Thu Jul 23, 2015 8:41 am

    China's Record Dumping Of US Treasuries Leaves Goldman Speechless
    On Friday, alongside China's announcement that it had bought over 600 tons of gold in "one month", the PBOC released another very important data point: its total foreign exchange reserves, which declined by $17.3 billion to $3,694 billion.
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    George1

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    Re: World Economic News and Discussion

    Post  George1 on Fri Aug 07, 2015 3:44 pm

    Tehran to Alter Economic and Political Landscape of Middle East

    Businesses from around the world will flock to Tehran, as Iran has one of the most lucrative and promising markets in terms of future growth, Fabien Baussart, President of the Center of Political and Foreign Affairs (CPFA), a think-tank, told Sputnik in an interview.

    Last month, Iran and the P5+1 group signed a historic agreement that ensures the peaceful nature of Tehran’s nuclear program. As a result, Iran has been released from economic sanctions imposed by the United States, the European Union (EU) and the United Nations (UN).

    With these changes taking place, Iran will now open up new business and trade opportunities.

    “Naturally, a number of businessmen and politicians will rush to Tehran… some believe that the total value of potential contracts in Iran could reach $200 billion,” Baussart told Sputnik.

    Furthermore, the end of the sanctions also means that Iran is no longer a “rogue” state in international politics. The world has got itself a powerful player in the Middle East.

    Although nobody knows exactly what Iran’s position will be during the settlement of the Syrian conflict, Tehran could drastically shift the balance of power in the Middle East, Baussart said.

    When asked whether US Secretary of State John Kerry and Iranian Foreign Minister Mohammad Javad Zarif deserve the Nobel Peace Prize for doing an outstanding job in forging the Iranian nuclear agreement, the French expert said he doesn’t agree with the intentions of the Nobel Prize committee.

    At least three other people, including Russian Foreign Minister Sergei Lavrov, Kazakh President Nursultan Nazarbayev and EU High Representative Catherine Ashton, also deserve the praise.

    “If the Nobel Peace Prize is awarded to these five personalities, that would be the best representation of the reality,” Baussart concluded.

    Read more: http://sputniknews.com/politics/20150807/1025502054.html#ixzz3i8WndtPl


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    sepheronx

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    Re: World Economic News and Discussion

    Post  sepheronx on Wed Aug 19, 2015 7:07 am

    Vietnam Can't Keep Currency Up - Devalues Dong 3rd Time This Year, Widened Trading Bands

    The best are the comments.

    can't keep the dong up?

    "VIETNAM CENTRAL BANK WIDENS DONG TRADING BAND"

    Yeah, that's what a shrinking Dong will say every time. "If you would just tighten your policy, honey...."

    Sorry higurashihougi, but your countries currency does open itself up to the humor.
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    sepheronx

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    Re: World Economic News and Discussion

    Post  sepheronx on Wed Aug 19, 2015 7:08 am

    23 Nations Around The World Where Stock Market Crashes Are Already Happening
    Submitted by Michael Snyder via The Economic Collapse blog,

    You can stop waiting for a global financial crisis to happen. The truth is that one is happening right now. All over the world, stock markets are already crashing. Most of these stock market crashes are occurring in nations that are known as “emerging markets”. In recent years, developing countries in Asia, South America and Africa loaded up on lots of cheap loans that were denominated in U.S. dollars. But now that the U.S. dollar has been surging, those borrowers are finding that it takes much more of their own local currencies to service those loans. At the same time, prices are crashing for many of the commodities that those countries export. The exact same kind of double whammy caused the Latin American debt crisis of the 1980s and the Asian financial crisis of the 1990s.

    As you read this article, almost every single stock market in the world is down significantly from a record high that was set either earlier this year or late in 2014. But even though stocks have been sliding in the western world, they haven’t completely collapsed just yet.

    In much of the developing world, it is a very different story. Emerging market currencies are crashing hard, recessions are starting, and equity prices are getting absolutely hammered.

    Posted below is a list that I put together of 23 nations around the world where stock market crashes are already happening. To see the stock market chart for each country, just click the link…

    1. Malaysia

    2. Brazil

    3. Egypt

    4. China

    5. Indonesia

    6. South Korea

    7. Turkey

    8. Chile

    9. Colombia

    10. Peru

    11. Bulgaria

    12. Greece

    13. Poland

    14. Serbia

    15. Slovenia

    16. Ukraine

    17. Ghana

    18. Kenya

    19. Morocco

    20. Nigeria

    21. Singapore

    22. Taiwan

    23. Thailand

    Of course this is just the beginning. The western world is going to feel this kind of pain as well very soon. I want to share with you an excerpt from an article that just appeared in the Telegraph entitled “Doomsday clock for global market crash strikes one minute to midnight as central banks lose control“. You see, the Telegraph is not just one of the most important newspapers in the UK – it is truly one of the most important newspapers in the entire world. When it speaks on financial matters, millions of people listen very carefully. So for the Telegraph to declare that the countdown to a “global market crash” is “one minute to midnight” is a very, very big deal…

    When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal.

    Time is now rapidly running out. From China to Brazil, the central banks have lost control and at the same time the global economy is grinding to a halt. It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.
    I encourage you to read the rest of that excellent article right here. It contains lots of charts and graphs, and it discusses many of the exact same things that I have been hammering on for months.

    When one of the newspapers of record for the entire planet starts sounding exactly like The Economic Collapse Blog, then you know that it is late in the game.

    Others are sounding the alarm about an imminent global financial crash as well. For example, just consider what Egon von Greyerz recently told King World News…

    Eric, I fear that this coming September – October all hell will break loose in the world economy and markets. A lot of factors point to that, both fundamental and technical indicators and this indicates that we could have a number of shocks this autumn.

    Sadly, most investors will hold stocks, bonds and property and will see any decline in value as an opportunity. It will be a long time and a very big fall before they realize that the system will not help them this time because the central bankers have run out of ammunition to save the global financial system one more time. Yes, we will see more massive money printing, but it will just make things worse. And at some stage, which could be quite soon, real fear will set in, a fear of a magnitude the world has not experienced before.
    Hmm – there is another example of someone talking about September. It is funny how often that month keeps coming up.

    And of course most of the major stock market crashes in U.S. history have been in the fall. Just go back and take a look at what happened in 1929, 1987, 2001 and 2008.

    The “smart money” has been pulling their money out of stocks for quite a while now, and at this point a lot of others have hopped on the bandwagon. The following comes from CNBC…

    The flight of investor money from U.S. stocks has turned into a stampede.

    In fact, the $78.7 billion leaving domestic equity-focused funds has been worse in 2015 than it was even during the financial crisis years, when the S&P 500 tumbled some 60 percent, according to data released Friday by Morningstar. The total is the highest since 1993.

    Domestic equity funds surrendered $20.4 billion in July alone and have seen $158.6 billion in redemptions over the past 12 months. Even a strong flow of money into passively managed exchange-traded funds has been unable to offset the stream to the exit among retail investors, who generally focus more on mutual funds than ETFs.
    A global financial crisis has already begun.

    So those that were claiming that one would not happen in 2015 are already wrong.

    Over the coming months we will find out how bad it will ultimately be.

    Sometimes I get criticized for talking about these things. There are a few people out there that don’t like all of the “doom and gloom” that I discuss on my website. Apparently it is a bad thing to talk about the things that really matter and we should all just be “keeping up with the Kardashians” instead.

    I consider myself just to be another watchman on the wall. From our spots on the wall, watchmen such as myself all over the nation are sounding the alarm about what we clearly see coming.

    If we saw what was coming and we did not warn the people, their blood would be on our hands. But if we do warn the people, then we have done our duty.

    Every day I just do the best that I can with what I have been given. And there are many others just like me that are doing exactly the same thing.

    Those that do not like the warning message are going to feel really stupid when things start falling apart all around them and they finally realize how wrong they truly were.
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    max steel

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    Re: World Economic News and Discussion

    Post  max steel on Wed Aug 19, 2015 9:11 am

    Chi ese stock crash has nothi g to do with its economy.

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    Re: World Economic News and Discussion

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