The GREAT COLLAPSE of CHINA

last SG · 2009-06-10T12:07:04+00:00

Uncle, u collapse they also not yet collapse, told u to buy china equity, u dun listen..haiz,..lucky i bought some, aunt ho ching told me to buy cos she no...

AndrewPKYap SG

You know, the general feeling i get is this.

Two men beat me up, but i only call the police to arrest one because the other guy who beat me up more severely is more handsome than the one arrested.

Somehow, the country that supposedly has a democractic system can borrow as much as it wants with no intention of ever returning the money, invade countries as it wished and bring down the world's economy because of its excessive greed could do absolutely no wrong.

If it did, it's ok because it's a democractic country.

Basically what i'm getting here, as long as the country is democractic, it could screw the world in every orifices imaginable and we'd still beg for more from the phallus of Democracy.

Oh hypocrisy, my bitter friend. We meet again.

What a stupid analogy. When did America beat anyone up in its recent financial crisis, and is China about to beat somebody up?

The cursed despot and his ass licking running dogs are idiots for not seeing the recent tsunami and tried to bail out Merrill Lynch and among others instead of shielding the local economy from damage.

My bet is, they will be equally stupid and not see the coming Chinese crisis, losing tens if not humdreds of billions of Singapore's hard earned money to foreigners, again.

The cursed despot with a zombie wife and his cancer in the anus son should just stop taking Singapore's money and delivering it to foreigners.

They should just stop taking Singaporean and Singapore's money for gambling, period. Public money is not for a gambling addicted family to play with.

angel7030 SG

What a stupid analogy. When did America beat anyone up in its recent financial crisis, and is China about to beat somebody up?

My bet is, they will be equally stupid and not see the coming Chinese crisis, losing tens if not humdreds of billions of Singapore's hard earned money to foreigners, again.

The cursed despot with a zombie wife and his cancer in the anus son should just stop taking Singapore's money and delivering it to foreigners.

They should just stop taking Singaporean and Singapore's money for gambling, period. Public money is not for a gambling addicted family to play with.

What? My dear Uncle, you take your medicine or not? I am reaping from UOB shares and you said they give it to foreigners??? where got?? PAP< PAP< PAP< PAP...free markets, democratic, liberation, rich for ALL>>>>>>..//////...Majulah Singarich la!!!

AndrewPKYap SG

–James Saft is a Reuters columnist. The opinions expressed are his own–

If and when China makes its currency convertible and opens its financial system the stage will be set for a bubble that should make the dotcom and housing booms look tame.

China has recently signaled its key aspirations: for a greater international role for the renminbi and for Shanghai to become a great financial capital. Neither is imminent, but both imply, if not require, a series of steps that, taken in combination with China’s legitimately great potential for growth, could lead to a bubble of magnificent and dangerous proportions.

Magnificent in that, like the dotcom bubble or the railroad boom in the U.S. in the 19th century, a bubble in domestic China is directionally right and will build useful things which will change the world. A bubble, after all, needs a good story and China has one of the best ever.

Dangerous because, like the housing bubble, it will inevitably go too far and could take down banks and banking systems globally.

Perhaps rather than dotcom or housing, the most useful template for China is closer to home; namely the Japanese bubble which preceded its ongoing malaise, according to Dylan Grice, a strategist at Societe Generale in London.

angel3070 SG

"We Are In The Early Stages Of Revolution"

Video

Gerald Celente - the most trusted name in trends - sits down for an exclusive interview with RT's Anastasia Churkina to talk about what the future holds for America during and after the Great Recession, gives advice to Obama, and forecasts the unexpected.

http://www.informationclearinghouse.info/article23525.htm

angel7030 SG

–James Saft is a Reuters columnist. The opinions expressed are his own–

If and when China makes its currency convertible and opens its financial system the stage will be set for a bubble that should make the dotcom and housing booms look tame.

Dangerous because, like the housing bubble, it will inevitably go too far and could take down banks and banking systems globally.

it is normal for western writers to said bad about China, afterall, they dun wish china to go up, can't imagine Westerners rushing and begging for Reminbi.

angel7030 SG

What a stupid analogy. When did America beat anyone up in its recent financial crisis, and is China about to beat somebody up?

My bet is, they will be equally stupid and not see the coming Chinese crisis, losing tens if not humdreds of billions of Singapore's hard earned money to foreigners, again.

The cursed despot with a zombie wife and his cancer in the anus son should just stop taking Singapore's money and delivering it to foreigners.

They should just stop taking Singaporean and Singapore's money for gambling, period. Public money is not for a gambling addicted family to play with.

I agreed, no public money should be use for gambling, they should be put it in investments and bonds

angel3070 SG

http://www.amazon.com/Collapse-America-Ruined-State/dp/1598586750/ref=sr_1_1?ie=UTF8&s=books&qid=1253254046&sr=8-1

angel7030 SG

"Accelerate the Yuan's Acceptance as a Global Currency"????!!!!!

Do the Chinese despots think that they are living in the year 500BC?

They really think that modern man trusts despots???!!!!

Accelerate the financial collapse of the despot run country more like it.

A country like china can hardly collapse without internal struggle, history had told us the China rise and fall is alway due to civil war and struggling. No matter happen to the global economy, china and even India can sustain their own economy within it premises, their states and populations is enuf the take over the whole of Europe economy. Chinese are not soft type people, they take things hard on, sufferring is not a problem to them, they have gone thru lots of it, the only situation that is a real problem in China domestically, is the disparity of the Rich and Poor, same situation is going to happen soon, like the Commie and Kuo Ming party civil war. Chinese produce 1000 millionaires per year which in turn created 5 millions poor peoples, as the situation go on, the extremely poor ones will rise their voice and gather again to fight for another day, it just take a man like Mao to agitate and instigate the situation.

May God bless them

angel3070 SG

Russian professor says U.S. to collapse soon; Canada gets Michigan, Mexico gets Florida

http://network.nationalpost.com/np/blogs/fullcomment/archive/2009/09/02/russian-professor-says-u-s-to-collapse-soon-canada-gets-michigan-mexico-gets-florida.aspx

Rooney9 SG

anyone can talk and write about anything. why dun the authors and writers predict the current mess we are in before it happened in December 2007?

the only person who predicted the current crisis was Professor Noriel Roubini way back before 2007.

Arapahoe SG

I agreed, no public money should be use for gambling, they should be put it in investments and bonds

another talk cock session.....do you know what is the entire issued over sub prime?

angel7030 SG

another talk cock session.....do you know what is the entire issued over sub prime?

loans, lending, borrow, bad debts, bankruptcy, profit and loss, bail out, and financial gain and crisis are all part of a capitalist world, everything will bubble, not only sub prime ya. What to do, if there is a better system to rule this global economy that is base on capitalism, please write out a manifesto of it,..then we can sit down at my Joo Chiat pub and discuss over it, otherwise, shut up.

angel7030 SG

anyone can talk and write about anything. why dun the authors and writers predict the current mess we are in before it happened in December 2007?

the only person who predicted the current crisis was Professor Noriel Roubini way back before 2007.

who said only professor noriel, lots of bankers in NY and USA already know what is coming, they already laudered their money and even customer's money into their own pockets long before that Professor Noriel knew it lor...just that the goondo world especially Asians are still sleeping. George the bush should be hang

Daddy!! SG

China supports USA's supremacy

AndrewPKYap SG

China supports USA's supremacy

"NEW YORK (MarketWatch) -- The Treasury Department said on Wednesday that foreigners sold a net $97.5 billion in U.S. assets in July, after a $56.8 billion outflow in June.

The data also showed the bulk of those sales were of short-term securities, while purchases of longer-term securities including equities and Treasury bonds and notes rose $15.3 billion."

AFTER all that talk from CHINA regarding US Dollars dominance....

"Of particular note, China and Japan -- the biggest holders of U.S. Treasurys -- were net buyers of U.S. assets in July, according to Win Thin, a currency strategist at Brown Brothers Harriman. See Currencies column.

"Bottom line: The big global reserve managers, with the possible exception of Russia, are not dumping U.S. dollar assets on a sustained basis," Thin wrote in a research note after the latest TIC report. "China and Japan holdings are sometimes volatile on a month-to-month basis, but the upward trend in U.S. Treasury holdings is unmistakable, despite China's sporadic warnings about the dollar.""

http://www.marketwatch.com/story/foreigners-sell-more-us-assets-in-july-2009-09-16

Georgetan884 SG

our "scholar" mentality as a businesswomen not wrong - earn money

she mention india tata in one of her replied to me

hey "SCHOALRS"

are you tata children, relatives, etc

did tata provide you accommodation, financial assistance, behest you any of his property

the us gahmen know what they are doing

no referring to their former president

one group of their senator want to invest in singapore the other group protectism want to invest in us - their hourly rate us$12.00

so they shifted to asia

they borrowed from japan, china, arab country,etc through all sorts of loan -china gahmen did not give their people much safety net

us had they borrowed from japan, china, arab country,etc through all sorts of loan

us gahmen gave tons of social welfare so had to borrowed money

bush too focused on iraq war did not keep an eye on us corporate governance

but

tons of gold as reserve more than china reserves in gold

us reserves in gold is on standby mode/buffer

us had huge pool of oil field in alasak cannot take because environmentist signed pact with them unless us motherland are to be attacked

us population 5 times lesser than china

but there are more rich people in us than china

china many inventory trying to sell to us and europe

some inventory had expiry date one - cannot happy happy renewed one

in time of war

us, uk, australia, canada would come to singapore aid when there is out break of war

china would urged parties involved in war to refrain themselves

brazil, russia - oil - "they already matured" many oil co, investors there already

china oil pools in gansu above sichuan need resources, time and technology - huge costs

brazil, russia,indai, china - finances-money , big market - sales - money

lky go to uk (finances), (armenia and russia) - finances, tourists, medical and oil - seek business opportunity there - but it does not benefits majority of singaporean

the richs would continue to be - they must be able to invest, spend, earn, lend wisely

the poors and the middles want to retire happily had to plan how to invest, spend, earn, lend wisely

richs, middles and poors - must have high iq eq aq and health