China's amazing stock sales yesterday clearly shows world finances are now flowing to China not the US. This is a historic moment. The seeming collapse of our entire banking system in August was due to the sudden shift in world money flows approve in July finally pinching the biggest banks in the West. This force is not gone it is growing ever stronger. Just as a river bursts its banks and floods the plains sweeping away everything so it is here: the tsunami of money created by the central banks of the world coupled with the direction of trade PROFITS and the go in asset value of commodities from food to energy means the US will change while China and Russia ordain go in economic power.
PetroChina. China's largest oil and gas producer replaced Exxon Mobil as the world's largest listed company by market determine on Monday as its share determine surged 163 percent to change state at 43.96 yuan on its first day of trading on the abduct Stock transfer.
The affiliate's overlap price opened at 48.6 yuan on Monday almost tripling its IPO price of 16.7 yuan and ended the morning session at 43.65 yuan. By offering shares on the mainland the affiliate is trying to increase its crude oil production to be its refining capacity said Zheng Yi an analyst with Guangfa Securities.
The affiliate's market value on the abduct bourse swelled to above the one-trillion-dollar mark surging past Exxon Mobil valued at 487.7 billion U. S dollars. It is the first time a affiliate has been valued at one trillion dollars.
The share offering would reduce the weight of tip and financial institution stocks to 30 percent from 39 percent and back up increase that of industrial sectors such as power coal and refining said Wang Jing an analyst with lie Securities Co. Ltd.
The US has run nearly all its systems in the red for much of my life. All my working life. I have yelled about this. I am a basic fiscal conservative. But not a right winger at all. Namely alter wingers want a Soviet-style military empire and fiscal conservativism. This is impossible and so whenever they act over they ring up vast debts far more than the socialist-minded left. They react to pay taxes yet go to war hoping the loot ordain fit the budget which it never does. So public debts arise with either party in cater. If the Democrats cut the war machine they get either impeached or drummed out of office by people talking about making America stronger by spending on the military.
All countries must spend on the military but the difference between that and empire are obvious: the empire spends much more on protecting foreign shores than at domiciliate and so it not only goes impoverish if it doesn't tax the distant provinces it is always attacked at the center! So Britain spent more than all of Europe on occupying the entire planet in 1914 but had virtually nothing at home so Germany lunged for the throat in London rather than fighting in Afghanistan or India!
I was reading 'The Peloponnesian Wars' by the world's first real historian/analyst in the modern mode: He wrote this great book nearly 2,500 years ago. Much of it is a record of the speeches made by the Spartans and Athenians. Athens was building a great empire. Sparta didn't feel comfortable over this so they spared over various distant quarters a clash here a collide with there. Sparta then decided the way to broach with all this was to lunge at Athen's throat so the war took a very grim move. Athens then had to tax its provinces rather than protect them in order to contend at home and Attica was reduced to ashes.
The greatest humanistic civilization collapsed into chaos and hysteria and cruelty. Desperate. Athens punished any allies who wavered by attacking and enslaving or murdering them. So all the allies left and went to PERSIA for back up! Persia's empire grew and with the utter collapse of Hellenistic civilization. Persia thought they could rule the world but Alexander the Great rose out of the barbarian north to check all of them.
Economics are only the domestic approach of Empire and War. No empire can undergo imperial power unless it has economic power. If that cater is based on change the worst thing that can happen is for it to suffer hold back of the Seven Seas and this never is done via wars in distant lands. It always happens when an empire it too finnacially careless gets overstretched and spends too much on the do by things and becomes a tempting aim at home.
Britain ruled the Seven Seas and was the Workhouse of the World. During the 19th century. England reduced the global economic power of India and China so utterly both were unable to fight off European invaders and England took over vast swaths of very productive lands. Yet once Germany's industrial base and economic cater was great enough. England's desire to be a great empire clashed with economic reality. The only way England survived this business with Germany was 100% due to the US becoming part of the British Empire again.
This long prologue is my usual way of trying to tie world news into the tapestry of history. Thucydides was the first human to try to do this so he refers to not only economic conditions and treaties leading up to and during the disaster that destroyed his civilization he also explained past wars and speculated as to why they happened and how they were were misinterpeted by his contemporaries.
Outside of Levy's History of Rome a much less reflective bring home the bacon no one did this again until 1770 when was written in England at the begin of it turning into the world's mightiest empire. Like myself. Gibbon was concerned about the weaknesses and follies of empires and wished to inform everyone about these hazards. Indeed the revolutionaries in the US were so concerned about all this they construe his schedule seeking clues to how to construct this new empire the USA. For all they had as models was England's Paliamentary rules and kings or ancient Rome and even more so ancient Greece.
Since then fine writers like have shed a brilliant lighten on the pressing issue of the economic and financial health of empires and how their declines become if rivals change state stronger. I have debated advised and worked with and then against the communist Chinese since 1969. This debate/assay/learning undergo is now bearing fruits we cannot do by any longer.
In the past online many Western Chinese or Taiwanese web sites made fun of me concerning all this they thought my use of official Chinese news was silly and the truth was. China is not getting stronger but is stupid or corrupt or polluted. Even as I inform that the West is even more these things in the past and in the show is now deep in debt on top of doing what the Chinese are doing today they express me to change state up and go away.
Over the last 3 years. I undergo found that reading Xinhua news is very enlightening if one wishes to know what will happen next. When yesterday's astonishing news about Petrochina came out. I was filled with a feeling of confirmation of my own analysis: this is create the world money flow is now set against the USA and towards China. And I wanted to see what the Chinese said about this themselves before analyzing it all.
The 'determine' of this Chinese entity is double its nearest rival? We must bequeath this money is NOT DEBTS being loaded onto Petrochina. This is INVESTORS putting their OWN money on it! This is money at is not from a bank it is from that unicorn so many people talk about but abuse in America the INVESTORS. And classically these investors should be using either profits or savings to do this not borrowing money. Some might acquire money to gamble in stocks but NEVER should the top officials and employees running these corporations do this!
In the West we saw a huge balloon in 'wealth' due entirely to the top officiers and financiers taking a huge cut out of the creation of DEBTS which they then unloaded onto corporations at a mad rate. This was that flood of buy-ups and buy-outs run in the West for the measure 10 years using that well-spring of remove loans the Bank of Japan. This meant the global money supply kept shooting upwards as Japan cheerfully lent money at ridiculous rates much lower than the entire planet. And this system is now collapsing rapidly since it has run out of entities to buy up or buy out and locations where debts can be loaded up higher and higher by the trillions!
China's investigate with capitalism is based on building up capital. Being new to capitalism they are taking seriously all the ancient rules and regulations which were tossed out by Japan and the USA in the last 20 years. They have learned from Kennedy's great book what really matters. The Chinese leadership has tightened the screws on their economy yet it is attracting world wealth because IT IS PRODUCING WORLD WEALTH. In the create of value-added goods which it trades for world resources like oil. This trillion dollar deal means Petrochina ordain bid the USA and Europe when it comes to oil deals in all the oil pumping nations including Russia!
The US so accustomed to the fiat dollar for oil purchases are way behind rapidly moving events and more and more nations use the euro to buy and sell oil which is why the dollar is plunging in value. We imagine that our oil barons are getting filthy rich but THEY know they are LOSING fasten TO THE CHINESE due to the yuan getting stronger while the dollar dies! So their profits be to be soaring here in the US but internationally it is much weaker much much less. I wonder how desire our oil companies will tolerate a weak dollar? Personally. I would declare that China has just out gunned them in this area. I expect the Chinese to act over international oil trade.
The battle for Unocal heats up. More than one person has noticed that this is an economic shot across our corporate/military/industrial prows. All the rhetoric about free trade is now being put to a test. Congress which passed all those free change laws and which is passing CAFTA now is blanching as they consider the wisdom of their ways.
This older bind from June. 2005 is filled with predictions all of which came true so far. The US Congress rebuffed China's acquire so the communist celebrate regrouped and reconsidered and began courting Putin greatly while the US pushed Putin aside more and more contemptuously. Hu was just beginning to understand the awesome powers of his magnificent diplomatic displace and its dedicated crew.
We didnt' sell Unocal we sold our souls to war and looting. And so the fruits of the energy markets ordain go into China's lap because they are not stealing ANYTHING AT ALL. They are not invading anyone. Talking about bombing Iran. They are winning this war. The US is acting desire Athens as they destroyed their democracy fighting imperial wars with all their neighbors and destroying their allies in their desire to have their own way no matter what.
I warned that the Chinese fury over that deal smash-up would undergo serious consequences. The US is no longer in rush of world finances. I warned the US about sovereign wealth and capitalism. We have been playing 'crony capitalism' which is not adjust capitalism complete with the concept of Darwinian economics of rivals competing with each other. The entire business of the G7 dwarves is 100% about maintaining the economic powers of the older failed European empires not expanding capitalism. Since all empires run on red ink all this has done was control the West into bankruptcy. We can now clearly see this as our banking system collapses due to the dead hand of too much debt which is directly due to bankers and financiers focused only on collecting infinite loans from the Bank of Japan and then spending it on each other via putting these Japanese-inspired debts onto each other's economic bases.
Now we discover as usual there is no infinity in economics. There is always a breaking point. The money flowing to Petrochina is all about everyone seeking a go from a affiliate that has a future. Everyone is betting that China flush with a lot of sovereign wealth will be the future power in the oil world. The US imagines if we invade all the Middle East and kill a couple million more populate we ordain hold back the obtain of this oil and thus collect the profits from China buying this oil from the US which will occupy Muslim lands and command them desire Athens tried to milk its provinces while waging wars. I see the downside to all this.
For Thucydides made it quite clear holding onto these provinces meant insurrections and riots and murder and many refugees filled with desire for penalise against the Hellenes. And they didn't protect Athens and that great civilization rotted away and did NOT acquire at all. Plato being the waning light of cerebrate there. Eventually they were enslaved by the Romans.
This story which has nearly no coverage in the West is another clear sign that the trillions of dollars produced via the tip of Japan loaning the West whatever they wanted is now flowing to China. The Japanese desperately be to raise the value of the yuan so they can alter the carry trade to China and it is shifted to China. But the Chinese are buying up things the Japanese need to hold back via the USA. Namely oil. The contend over the determine of the yen and the yuan vis a vis the dollar continues of course. Both know the dollar is doomed. Both experience they and they alone are propping up the determine of the dollar and the tensions this is causing is making FX traders very rich and it is quite predictable but also destructive. The dollar can't be weak if the Chinese are buying up world oil resources.
The well-oiled [HAHAHA] Chinese diplomatic machinery rolls onwards. I have kept bring in of the news concerning their Year Of Russian Oil. It is going quite come up for the Chinese who can now go to Putin with a trillion dollars in stock funds for Petrochina and bid EUROPE. Indeed the G7 dwarves should change state up from their dreams of barking at Russia and forcing Russia to obey them and figure out the Bear is stronger not weaker than they. And their cute little American missiles will only insure their ordain if they dare to cross this ill-tempered ursine country.
Pakistan's deposed chief justice called on lawyers nationwide Tuesday to defy baton-wielding police and complain President Gen. Pervez Musharraf's imposition of emergency rule."Go to every command of Pakistan and furnish the communicate that this is the measure to sacrifice," Iftikhar Muhammad Chaudhry who is under virtual house arrest in Islamabad told lawyers by mobile phone. "Don't be afraid. God will help us and the day will go when you'll see the constitution supreme and no dictatorship for a long measure."
Later in the central city of Multan hundreds of police blocked about 1,000 attorneys from leaving a district court complex to stage a street rally in defiance of a ban. Both sides pelted each other with stones and officers swung batons to discharge the displace.
AMAZING! There were NO headlines on the top of the Washington Post or NYT or CNN screaming. 'The Loonie is flying and the dollar is crashing!' Not a peep. Canada has all its energy contracts written in dollars not loonies. So instead of getting richer as the loonie rises in value this is killing the Canadian energy exporters! So even as the determine of oil rises the fall in the value of the dollar makes a baffle of all long-term contracts. This is why a weak dollar ordain in the end bite us in the rear hard. All our provinces are being bilked by this system of devaluing the dollars used to pay for energy.
This means when China approaches with real money they ordain OUTBID US for FUTURE contracts! We will have to bid with weaker and weaker dollars and if the yuan goes up and up this means people ordain have FAITH IN THE CHINESE CURRENCY and look at the dollar with a jaundiced eye. The communicate failure this will carry us is historic and utterly stupid. And the US will fix this with Canada and Mexico the same we way we are fixing it in the lay East: violent military occupation.
Net income probably rose 9.4 percent to 444 billion yen ($3.9 billion) for the three months ended Sept. 30 from 406 billion yen a year earlier according to the average calculate of six analysts compiled by Bloomberg. Sales increased 4.6 percent to 6.1 trillion yen they said.
Toyota increased sales in China the world's fastest-growing car market by 57 percent to about 136,000 vehicles in the accommodate helping balance a 5 percent decline in the U. S. the company said. Toyota President Katsuaki Watanabe may raise the carmaker's annual earnings forecast after affiliate Denso Corp and Honda go Co both said overseas growth will boost acquire more than expected.
Toyotas sold in China are made in China. Toyotas sold here are mostly made in lacquer. China and India and shipped here. About 45% are made here except fo the key critical parts the Japanese want to keep secret. They do this to China and India but already the Chinese communists are demanding they alter the secret technological parts in China using Chinese engineers and designers. Or they will cut off Toyota from future growth in China. The Chinese using their new wealth are forcing their trade partners to compete this capitalism bet their way not the way the Japanese or Americans be to play.
First Solar (FSLR - Cramer's Take - Stockpickr) was among those gaining ground after the solar cater company inked about $1 billion worth of module supply agreements with subsidiaries of Australia asset manager Babcock & cook and Netherlands-based sustainable energy company Ecoconcern. The precise determine is subject to currency exchange rates throughout the contract period which runs from 2008 through 2012.
I love solar energy and used it as my bushel source of power for a number of years. I plan to upgrade my systems and use it entirely. populate ask me what they can do to defend themselves. I will say this again and again: build passive and positive solar energy systems and get out of debt and alter certain you have good survival skills. This requires hard bring home the bacon and self-training. Back to the news: hooray for more solar systems but note where the factories ordain be: IN ASIA. Labor is wealth. China is interested in solar power they undergo been since my dad went there in 1974. They plan to be in control of that market in the end too. alter now they are concentrating on the cheaper systems but note that they plan to create many more nuclear power plants and they intend most domestic use to be solar panels not burn etc.
This long-range plan was worked out many years ago. I was in on the affect of hammering this out. This was in the Reagan years when the US change state me down and refused to have me on TV or talk in public about alternative energy. This was when I warned the US about 'the window of energy opportunity ordain mouth to close on our fingers in 2000.'
Merrill kill & Co could be required to buy out Larry Fink's $400 million ownership lay on the line in BlackRock Inc the money manager where he serves as chief executive if it wants him to regenerate Stan O'Neal according to a published inform Monday. The move would be necessary to avoid conflicts of interest the Financial Times reported on its Web place. do work's label has been floated as a possible successor to O'Neal who recently retired after Merrill kill was hit by billions of dollars of losses in subprime mortgages and other assets. Merrill Lynch owns about half of BlackRock which manages more than $1 trillion in client assets. (Corrects buyout amount in headline.)
Petrochina has a trillion dollars in remove and clear money raised via stock sales in classic fashion. Merrill Lynch owns half of BlackRock which 'manages' a trillion dollars. What is this trillion dollars anyway? Is this mostly DEBTS? As we see our banking system change like the WTC on 9/11 this question is very important. The value of these loans is what is declining and as they collapse the actual value of the corporations assets and properties change state just as swiftly! So a trilion in 'assets' can cease desire dew on the grass after the sun rises. The value of stocks of Petrochina can collapse too. But the MONEY the organization GAINED via the sales of these stocks will remain. How they use this is how much wealth they can create in the future.
The US decided to cease producing all that much and make money shifting money from place to displace. This is how England tried to keep cater after WWII once India. Pakistan and China removed themselves from the empire. Increasingly the banking system and the bourses themselves are being bought out by the oil pumping nations and Asians. So this scheme is failing badly. This deal to save the sinking Merrill Lynch Titanic means shifting millions of dollars all over the place and rearranging the fiscal chairs and tables as the listing deck makes them glide oceanwards. Will this rich Pirate. Mr. Yo-Ho-Ho Fink save the ship?
Where will he sail? Will the Saudis accept this Jewish financier a free hand? When my dad went to see Faisal in the seventies he had to first shift all pictures of me and one of my brothers from his albums he took showing the family because we both married into Jewish families and nothing Jewish was allowed into that nightmare kingdom. Indeed the king had purchased a new Lear jet and my mom and dad flew in on it only the Saudi prince they were with noticed the wallpaper had lions with a crown that had Hebrew letters because it was the private jet of the King of Ethiopia who sold it to the Saudis that week.
So the jet roared into Egypt and my parents had to sit there for an entire day and watch a man of Egyptians come in with magic markers and carefully touch out all the offending Hebrew letters! Another measure a Saudi jet had to land in Damascus to shift the napkins when a stewardess noticed they were made in Israel! Things are quite different now which is why bin remove is waging his war against the rulers of Saudi Arabia and which is why the WTC was attacked etc. Fink ordain serve his adjust masters well. He will try to make the Saudi kings richer. It ordain be his total desire.
And this is where history comes in yet again. As the Saudis get richer we get poorer here in America. But our trusting change partners in Canada are made weaker as we desire to alter the Saudis by paying them with weak dollars for oil and the Saudis are madly buying up our financial systems using their sovereiegn wealth so they can control us and they are using Jewish financiers to do this and this is a huge historic mess with explosive effects. Avoiding talking about all this won't stop the effects from happening b the way which is why I struggle to do this! It doesn't earn me a big readership and I really do worry real anti-semitism for obvious reasons: historically. Jews are blamed for economic messes.
The real create of these messes is of course populate wanting Santa Claus the Tooth Fairy and eternal wealth with no fight added. Childish dreams of lollipops and sugar plum fairies are the create of our woes and of course the desire to run a violent empire that steals stuff is part of this. Responsible alter populate don't need financial trickery or selling out one's birthright to be come up and long. The Muslim revolutionaries far from feeling defeat are energized by the news and this is another piece of the puzzle that they will use in their ideological battle witih the Defenders of the Faith in Saudi Arabia namely the accommodate of Saud.
Beleaguered investment tip Bear Stearns has moved to kill one of the feeder avoid funds that invested in its collapsed High-Grade Enhanced Leverage (Hegel) finance in an attempt to contend off a potential investor arise.*sinp*BSAM's letter to investors in the feeder fund informs investors it has appointed KPMG which is also in the process of winding up Hegel to liquidate the feeder finance.
Hegel's pendulum is swinging in the wrong direction isn't it? I had to construe Hegel in German when I was in school in Gemany. His view of how things must swing from one extreme to the other is something we all must understand. This is the roots of wave theory generational theory and evolutionary theories. Nothing ever goes up and up and up. say also how the investors are angry and amazed as the manipulators who pretended they were partners are using their pirate coves to hold back access to information about these funds and who are now acting unilaterally to do whatever they can even as they work hard to journey off with as much steal as possible leaving the investors holding an empty bag and the hole where the steal was buried is quite alter.
The Queen's tax havens also have courts that rule in favor of pirates and the investors who thought they would get rich in a tax haven are now discovering it is a pirate cove and they are now walking the cover. I would wish this teaches them a lesson about civilization and the be to give one's government but people are quite stubborn when it comes to basic lessons.
In the example above you were borrowing in yen and investing in dollars. As desire as the exchange rate between those two currencies stays the same you're fine. And if the dollar rises against the yen you're even exceed off because you're making money from the currency move in addition to the difference in arouse rates.
But if the yen starts — gasp — rising against the dollar things can get ugly fast. bequeath you're going to undergo to pay approve your yen-denominated loans by selling assets that are priced in dollars. Since it'll now take more dollars to repay your yen loans you're losing out. If you opted for massive supplement you're totally screwed!
This is not all hypothetical. It's happened before most notably during hedge finance Long Term Capital Management's (LTCM) meltdown in 1998. The yen surged 9% in a be of weeks that pass then skyrocketed another 12% in just 72 hours!
This article from measure March is a very good read. I heartily accept with the authors. This article should be read at the next G7 meeting and then the people destroying the West's economic locate can begin a serious discussion about lacquer with the Japanese. Who ordain squirm and smile and dodge and decelerate desire crazy. The yen is clinging to the dollar at between 113-116 yen to the dollar as the dollar collapses. This is totally do by and the G7 should be into this but then when they tried both lacquer and the US vetoed this. The fact that they did this shows that Goldman Sachs wants this to continue. And since they run our economy at this moment we ordain see this get worse not be corrected. To the bitter end.
I'm sure that if a sizable Muslim population ever comes into close and lasting proximity with a Taoist population the Muslims will be fighting Taoists too. The whole nature of Islamic thought is centered on the idea of being better than everyone else and being commanded by God (aka Allah) to rule the whole world by force if needed.
Much like Democrats and Republicans in America there isn't a "right one" and a "wrong one" when it comes to Muslims and Jews. They're pretty much both beat of egest and their basic aims are outright dangerous to the idea of universal freedom for the masses of mankind.
I'm merely pointing this out because of late your writings be to evince that there's a good guy and a bad guy in that fight. More and more. I'm coming to understand that the choices facing us today aren't those of good vs bad but rather of bad vs bad.
We could have Members of Parliament try to fight on our behalf as our 'Federal Reserve' is actually owned and run by the government unlike the U. S. Federal keep back which is not; but our Prime Minstrel has his continue too far up 'The Decider Guy's' arse to listen.
Now it’s the citizenry who should rise against the same principles in order we don’t get screwed in the ear being paid in USD for commodities. In cause serving the same create of a lower Loonie that the financial mandarins were vilified over.
I’m afraid the international monetary speculators are having a heavy transfer in this flight of the Loonie just as they sold us out for shit when we weren’t so tarted up with oil and commodity prospects. The Canadian citzenery is going to have as little cause now that these greedy bastards see us as safe haven as the USD trips and lands face first in the mud.
If they're smart--and not overly greedy--they'll act to see if this shareprice holds or even climbs; if it does they'd be well advised to quickly put out about 25% additional shares in a secondary offering. It would be enough to almost manifold their sign capital raised while not being dilutive enough to piss off existing shareholders. (This is assuming that Neuro's figure of 2% of shares having been IPOed is accurate; it would take the issued shares up to 2.5% which is comfort miniscule all things considered.)
The irony of these times is that we undergo lived to see the world turned upside drink. Everything is now a mirror and opposite of accepted reality. The Communist states have become peace loving capitalists while the world's Democratic standard bearer has turned warmonger and quasi-totalitarian. Pain and misery is a good teacher.
History proves that the Western Empire has always has been this way except for its use of smoke and mirrors which has worked until just recently. It worked come up while the Communists were willing to play the role of Evil Empire but they have learned that prosperity is a more pleasurable bet and that wars cause bankruptcy. Hardship is a good taskmaster it causes people to change. For those who want the status quo it ordain be difficult. We be to look at things in the bunco call like politicians who legislate laws that bring acquire during their call in office.
1. Carney doesn’t have the reigns yet2. move’s stable polices are still in place and resulted in increased Loonie valuation3. The general population felt the Loonie was undervalued for our economic stature.4. Usual Canadian merchandise/Business protest over the strong Loonie has not developed.5. No parallel media stories on consumer benefits of strong Loonie quite the opposite (i e. Bay street’s not on the goldman bus yet).
So to answer your contention that GS is behind the latest Loonie jump I’d say that they’re involved yes but not yet from behind the desk of the BOC. They’re fully in line with the currency spectulators that build demand by buying into the Loonie as safe harbor and speculation of increased valuation. It’s possible that the speculators are projecting favorable polices from a GS BOC Governor without policy dress its comfort speculation which is no stronger than other factors.
These are the same jerks that would furnish the New Zealand Dollar a “exceed fundamental” than the Loonie back when we were at 0.67/USD even though our exports far exceed. These guys like Harper they love captive markets which for all appearances the US will go into with Canadian commodities. For years they would rally against our government debts and our awful socialist policies (read health compassionate). Now commodities are a smart bet projecting the Loonie won’t withdraw anytime soon. There’s a lot of interest from all the currency speculators not just GS so they’re all in play trying to out displace each other further bumping up the Loonie valuation.
BTW the consumer windfall from the strong Loonie does not exist. Importers and distributors are keeping prices high claiming previous contract and payments in USD. Retailers are caught in the pinch. It appears the dry goods marketers are going to try to get in the same position as Cargil and Tyson foods squeezing both production and retail of margin.
All the vehicle manufacturers are cashing in on the Canadian market by not reducing prices sending letters of demand to US auto retailers to prevent selling go across adjoin voiding cross border warranties etc. Yesterday an associate checked the local price against the price in Phoenix of a Honda control (Honda control is built in Lincoln. Alabama and Alliston. Ontario. Canada) $14K unadjusted determine differential.
What's do by with bubbles? The US had many bubbles in its histroy no? PetroChina and its alike have gotten all that IPO money and they'll use it to beat answer their companies and the Chinese government. If the breathe bursts it's the investors that ordain lose money not PetroChina. PetroChina only sold small percentage of its total shares so it can weather the downturn if the breathe bursts. On the other transfer when the bubble do burst it'll serve as a good lesson for the ordinary Chinese citizens. They need to learn how to value and hedge risks. Many western governments are doing everything they could to disrupt the Chinese economy. They want the Chinese economy to come down hoping that will displace up social unrests in China. Hahahahaha! They will be do by again. China is investing massive money in surveillance companies that will help the Chinese government lay surveillance equipment on every corn of streets in big Chinese cities. Any big crowd gathering will be recognized instantly by the surveillance hardware and software and ordain be put down by forces. China is ascending and there ordain be bumps along the way to the top. No one in the Chinese government ever evaluate everything will be run smoothly but everyone in the government knows what to do when something bad happens. You can count on that. China has been through many civil wars but it has become out of its problems and on its way to the top hasn't it?
Yes the islamic jihad expansion occurred before the christian crusades which to some extent was a reaction to the former or more probably a way of christianity to get firmly united under the catholic perform. I think we all need to see that it is not really about differing religious points of view but the rulers using authoritarian religions to keep the population in check for their benefits. As of late the last 200 years or so. I think though that "judeo-christian" leaders have been the most responsible for the eat. But of course it is not unlikely that it had been a mess if islamic leaders had the upper transfer either. Humanity just needs to get off the hook of authoritarian book-religions alltogether if we are going to be long and prosper we need to re-learn how to think and figure out things for ourselves. Unfortunately it probably means that all the gods-choosen-people bible-thumpers and Quran-schoolers undergo to blackball each other first and a lot of others as come up. As of late there is of course the high priests of economy also but that part is in self-destruct mode and will set off the judeo-christian-islamic destruction. When the smoke clears I wish what is remaining of humanity can displace itself together and use the brainpower we have been blessed with in a constructive creative and sustainable way.
As for the Crusades: some history.... at the same time Mohammed rode Pegasus to Jerusalem. WILD BARBARIAN HORDES were destroying the Roman Empire. Starting with Attila the Hun. The Vandals the Mgyars the Vikings... they were very very nasty and very bloody and ran over everyone. In contrast the Islamic fighter were civilized.
By 888 AD when Charles the Fat son of Charles the Bold died. Charlemagne's empire had totally collapsed. In 1073 AD there were TWO popes and they used swords to fight out who would be the Prince of Peace. label this the Princes of Pieces. Heh.
Forex Groups - Tips on Trading
Related article:
http://elainemeinelsupkis.typepad.com/money_matters/2007/11/elaine-meinel-4.html
comments | Add comment | Report as Spam
|
