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By: guy.longshank1
12/10/2009
12:23 pm

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  guy.longshank1

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Re:Charting China Reply to this message
The P.R. of China continues to poor billions of Yuan into its own economy in order to support it and give the impression that there is indeed less of an economic downturn than we all know there to be.

Lies! Lies & more lies...

Here at home we see the clear signs of trouble on the horizon..

UNABLE to support itself, the government announces yet another stimulus effort to prop up the failed economy which trade in itself is as yet unable to sustain...

"The Federal Government has announced it will invest up to an extra $8 billion in residential new mortgage-backed securities to support competition in the home-lending market. "

Described below by the TROLL as good news, this is indeed nothing less than a blatant attempt by government to convince people to invest at a time when infact it is extremely dangerous to do so.

As steve_b_wilson clearly wrote on his BLOG on these same Yahoo Finance pages, (AUSTRALIA - ECONOMIC DISASTER LOOMS) the irresponsible actions of government resulting in the continued waste of tax payers money, (OUR money) is in itself alarming.

AUTRALIA - ECONOMIC DISASTER LOOMS!

Join with steve_b_wilson and I and many others to do what can be done to alert the populace to the perils of believing in RECOVERY when in fact, the recovery we all dream of and wish for is nothing more than that at present..

A DREAM..

As steve_b_wilson quite rightly encourages - ACT not to secure your financial future and protect yourselves from the inevitable economic disaster which shall occur in 2010 lest the major world economies recover significantly.

By: wealthforusall
11/10/2009
10:07 am

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  wealthforusall

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Re:Charting China Reply to this message
PROPHECY OF EDGAR CAYCE;


Two of Cayce's major predictions concerned the futures of China and the Soviet Union, the world's great Communist giants. In 1944, he prophesied that China would one day be "the cradle of Christianity as applied in the lives of men."


<3

By: qitulong
11/10/2009
9:31 am

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  qitulong

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Re:Charting China Reply to this message
Mr. Guy is correct. There is big problem for everyone if we get too dependent upon relying on P.R. of China for our country financial freedom and success. It is a very bad thing to rely upon such kind of corrupt and selfish state. They country of my birt suffered mnay, many years because we accepted "hand of friendship" from that same communist state. "Hand of friendship" was not what it seemed and soon that state became our master and we became its slave. I pray that this does not happen here in our country. It would be a verty bad thing. Maybe it is true that while they try to gain control and manipultae us we should not trade with them. They need to understand that we can trade with them only on fair basis.

By: qitulong
11/10/2009
9:28 am

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Re:Charting China Reply to this message
packofnutters - You writing such nasty things about other people who post on these BLOG`s and you are just making trouble again like you did before your other ID`s were banned huh! You are trouble making person and what you write is for no good reason. Why you bother us? We are just here to discu many things happily. Good or bad what you think of us do not matter because we are not oiffensive like you and we know how to communicate with others in right way with no insults. You need to learn your manners. What your mother think of you I wonder? Maybe she would be so disapointed you spend your time her eon these BLOG`s just making trouble and accusing others when you are the real problem. Please think about way you are behaving now and stop being so childish.

By: packofnutters
10/10/2009
5:16 pm

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  packofnutters

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Re:Charting China Reply to this message
I see the nutters from the negative blog are visiting with their bag of old tricks of complaining and moaning about China .

Maybe they should all move to China.!I think they'd have a lot in common!

Their gruesome psyche frequently displaying paroxysm is the measure by which readers ascertain their lack of mental stability.
Their joint continual denial to accept that Australia has performed very well and is continuing to do so,is evidence and very similar to religious fervour indulged in by some extremists currently masqerading in our society,hell bent on causing trial and tribulations for decent,moral and hardworking citizens.


Back to the good news:

1/
AAP - Friday October 9, 2009, 10:04 am

Henry predicts strong economic forecasts
The Australian economy has performed better than expected and the next set of government forecasts will reflect that view, Treasury Secretary Ken Henry says."It is no secret that the next...

2/
Australasian Investment Review - Friday October 9, 2009, 8:27 am

Labour Market Improves, Economy Into Recovery Mode
There is no way Reserve Bank Governor Glenn Stevens and the rest of the central bank's board would have expected to have this week's rate rise vindicated so quickly and so emphatically. But...

3/
Reuters Finance News, Australia - Friday October 9, 2009, 8:23 am
Australia shares seen up on economy optimism
SYDNEY, Oct 9 (Reuters) - Australian stocks may get a boost on Friday after a strong start to the U.S. company earnings season boosted sentiment over a recovery, with resources stocks set to gain on...

AND THE LIST GOES ON!

By: communistevil
10/10/2009
8:44 am

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  communistevil

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Re:Charting China Reply to this message
BEWARE. Hark ye now to words of TRUTH.

The P.R. of China seeks to gain control of our natural resources so as to be able to influence our political and social freedom.

Unable to overcome democracy by political influence, the corrupt and evil government of the P.R. of China now actively seeks to purchase those companies around the world who control the production / supply of natural resources.

By doing so, they hope to control us all.

Our greatest peril is not ECONOMIC DISASTER but the devious and skillful manipulatio of world markets and therefore the worlds economy by that most evil and corrupt of states, the P. R. of CHINA.

DO NOT ONE SIDED BUSINESS with the P. R. of CHINA. For they wish to control us and make us their slaves forever.

And HAVE NO DOUBT, there are those amongst us who are even now trying to convince us that trading with the corrupt and evil state of the P.R. of China is in our best interst. They seek to manipulate us, to make us believe that the P.R. of China is our only option with regards to ensuring our future financial well being as a nation...

LIES!! Harken not to there blatant exagerated and pro P.R.of China lies..

These same liers are the GREEDY ones who care nothing for DEMOCRACY and instead seek only to "profit from ANY deal at any cost" whilst others suffer as a result. These are the same creepy types who got us all into this economic disaster in the first place and who`s selfish and underhanded actions have already resulted in so much hardship and financial damage for so many.

The choice is simple, be enslaved or SAY NO TO ONE SIDED TRADE WITH THE P.R. OF CHINA!

By: packofnutters
10/10/2009
12:59 am

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  packofnutters

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Re:Charting China Reply to this message
AND the good news keeps coming...

Jobless rate will have others green with envy
The latest employment data is not only a stunning result, but it suggests the Australian economy has executed another critical turning point. And it is a surprise double act that will have other...

ABC Business News - Thursday October 8, 2009, 4:20 pm


/

By: packofnutters
9/10/2009
4:22 pm

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Re:Charting China Reply to this message
ALL GOOD BELOW;

Australia leaves Europe, UK, US in its wake
The remarkable about-face of Australia's economy is provoking envy from other developed nations still mired in recession. Yesterday, economists were caught off guard when the jobless rate...

ABC Business News - Friday October 9, 2009, 3:08 pm


.

By: guy.longshank1
9/10/2009
4:05 pm

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  guy.longshank1

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Re:Charting China Reply to this message
packofnutters

I know you post offensive comment merely to obtain recognition you lonely freek.

So here is some for you -

Do put a sock in it and crawl back to your slimey hole HECKLER! Nobody but you posts such outlandishly offensive and poor mannered comment on these BLOG's using multiple fake ID's... Be gone foul TROLL!!

By: packofnutters
9/10/2009
2:07 pm

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  packofnutters

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Re:Charting China Reply to this message
I see the nutters on the negative blog are back to their old tricks of complaining and moaning to YAHOO about any poster who disagrees with them .

Maybe they should all move to China.!I think they'd have a lot in common!

Their gruesome psyche frequently displaying paroxysm is the measure by which readers ascertain their lack of mental stability.
Their joint continual denial to accept that Australia has performed very well and is continuing to do so,is evidence and very similar to religious fervour indulged in by some extremists currently masqerading in our society,hell bent on causing trial and tribulations for decent,moral and hardworking citizens.


Back to the good news:

1/
AAP - Friday October 9, 2009, 10:04 am

Henry predicts strong economic forecasts
The Australian economy has performed better than expected and the next set of government forecasts will reflect that view, Treasury Secretary Ken Henry says."It is no secret that the next...

2/
Australasian Investment Review - Friday October 9, 2009, 8:27 am

Labour Market Improves, Economy Into Recovery Mode
There is no way Reserve Bank Governor Glenn Stevens and the rest of the central bank's board would have expected to have this week's rate rise vindicated so quickly and so emphatically. But...

3/
Reuters Finance News, Australia - Friday October 9, 2009, 8:23 am
Australia shares seen up on economy optimism
SYDNEY, Oct 9 (Reuters) - Australian stocks may get a boost on Friday after a strong start to the U.S. company earnings season boosted sentiment over a recovery, with resources stocks set to gain on...

AND THE LIST GOES ON!


!

By: puyi
25/09/2009
9:07 am

Message deleted. Reason: Breach of terms of service

By: lasty49
23/09/2009
10:28 am

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Re:Charting China Reply to this message
Menta,

Premier Wen stated ""To boost domestic demand is a long-term strategic policy for China's economic growth."

The US consumer was a leg up to get to where they want to be and not a long term business model.

Its very hard to accept by some people that the US was played and beaten without a shotfired.

By: mentawaisurf
21/09/2009
3:20 pm

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  mentawaisurf

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Re:Charting China Reply to this message
China boomed as the US consumed. But those days are over. 70% of the US economy is consumer driven, and consumer spending is dying (despite all efforts from the US government & central bank) as American's are finally forced to pay down debt and save.

As Professor Niall Ferguson's insighful TV series, The Ascent of Money (specifically the final episode called 'Chimerica'), showed us that the systemic inter-dependence of the US/China relationship has grown to be so crucial to the global economy. Basically, if the US falls it will take China down with it (and in doing so the global economy - especially Australia which has become too over-reliant and dependent upon China's continued economic growth).

Niall Ferguson on Chimerica from The Ascent of Money;

http://www.youtube.com/watch?v=emRbMur7eH0


Power is relative;

http://www.dailygalaxy.com/my_weblog/2009/09/chime rica-niall-fergunson-on-the-rise-of-the-chinaameri ca-century.html

By: lasty49
21/09/2009
2:17 pm

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  lasty49

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Re:Charting China Reply to this message
China is on the rise.
Its growth in GDP has already surpised many bearish commentators this year and is heading north at around 8%.

The US however which relies on 70% of its GDP from services within is dependant on imports from guess who? Yup China.

Its not a question about reaching the incomes of the Americans.
The Americans are in debt,their dollar is falling in value and the top quartile actually inflate the American households true wealth.
It will be interesting to see when US importers are being demanded to be paid in other currency besides US dollars.
Let us then see some unrest and wealth disapation.

By: mentawaisurf
21/09/2009
1:40 pm

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  mentawaisurf

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Re:Charting China Reply to this message
akdoc, the only reason the property bubble in China, and indeed their stock market bubble too, has not yet collapsed is due to the record amount of liquidity and stimulus provided by the Chinese government and their state owned banks. That is soon coming to an end.

For some perspective; domestic demand will not support China's manufacturing & declining exports for decades yet and their over reliance on the US and EU consumer has already been exposed. China's exports this year are down by more than 25%. The decoupling theory has been exploded.

Even if China's current high rates of growth continue it will take the Chinese about 50 years to reach the income of the average American. Also, China's ageing population will see a fall in savings and higher health care costs going forward.

China's high growth rate will also be severely restrained by the scarcity of its vital resources, most notably water, energy and mineral resources. Such dependence is certain to be a costly drag on future economic growth.

China is a one-party communist dictatorship. Growing unemployment is seeing an escalation in civil unrest which could lead to revolutionary up-risings. This is the real and present threat to China's leaders. Economic performance in China can only be sustained if their leaders become less brutal and allow greater personal and economic freedoms. However, such transition will be a painful one for China (and for Australia too who now relies heavily on continued growth in China).

By: akdoc1
19/09/2009
7:33 am

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Re:Charting China Reply to this message
Menta; China is still a command economy with a freemarket facade making predictions near imposible. How much money is being redirected into the bubble is impossible to know, the same as how much factory production is being stockpiled to attract more foriegn capital to the market. China is aiming for a soft landing within 2 years. The question is how long can they last on their piggy bank or how much creative new Yuan can be produced. Political reasons make a soft landing the number one priority, economic reasons are secondary. To predict the actions of desparate polliticians is difficult, China is lucky to have an ex-engineer as leader but he still has to compromise with the old cadre where logic and transparity does not exist. True the property bubble should of collapsed by now, but will it be allowed to?

By: fire.fly_au
12/09/2009
9:27 pm

Message deleted. Reason: Breach of terms of service

By: enigvista
2/09/2009
12:52 pm

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  enigvista

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Re:Charting China Reply to this message
The Chinese Market is in a Bubble,fuelled by cheap Credit
and a devalued US Dollar.

Companies like Goldman Sachs are ramping up the Chinese
Stockmarket there and inflating the Bubble even more on cheap Credit,Inflating Property Values and Equity just as they did 2 Years ago in the US.

It is just a matter of time,until the whole House of Cards will come tumbling down and the China Bubble will deflate!

By: tommyknockersbegone
1/09/2009
4:31 pm

Message deleted. Reason: Breach of terms of service

By: sanh67
1/09/2009
12:43 am

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Re:Charting China Reply to this message
gloom and boom of stock market is only mater time to make good return for????
if there is no gloom no way we can make money.
there is a change for second time in your life to make money.
if there is only boom, no room for us.
world is changing fast cast it.
not too worries.
i do know cheap buy, expensive no buy.
china alway the machine for the world.

By: lasty49
31/08/2009
4:20 pm

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  lasty49

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Re:Charting China Reply to this message
Maybe and maybe not.
Many are weary of the intervention of the Chinese central bank and hedging.
Nice profit since Nov 08 as opposed to sitting on cash all this time.
India another booming powerhouse has rallied nearly 100% since march 09.

These markets are taking no prisoners so wits are required.
China however is 50% down from its all time high yet 80% up from its current nov08 low.
Work that out.
Its all about if the glass is half empty or full.

By: mentawaisurf
31/08/2009
3:58 pm

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Re:Charting China Reply to this message
The Shanghai Composite stock index in China tumbled over 5% today.

The spot price of iron ore has plummeted over 20% in just the last two weeks.

Are these further warning signs of a pending collapse in China's asset bubbles?

By: heyingdana2007
27/08/2009
7:31 pm

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Chinese sharemarket is WORESE THAN CASINO-a insider told me. Those big fish in the sharemarket already get ready to run away from it and wait for property market to crash and pick up bargains-a better way to make money-another round of the game.
If the whold world is looking what Chinese to do next-it is truely VERy SAD!

By: mentawaisurf
26/08/2009
11:00 am

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Re:Charting China Reply to this message
Credit tightening threatens China's 'giant Ponzi scheme'

http://www.telegraph.co.uk/finance/financetopics/f inancialcrisis/6011674/Credit-tightening-threatens -Chinas-giant-Ponzi-scheme.html

By: mentawaisurf
21/08/2009
2:50 pm

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Re:Charting China Reply to this message
I don't know what the doom and gloomers claimed, but I do know I mentioned that the next wave of the bear market should be evident during Q4 2009. That's not so far off now. I guess only time will tell.
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