zerohedge.com / by Tyler Durden on 01/26/2015 20:45
After 2 days of dramatic weakness in the Chinese currency, the Yuan is strengthening modestly at the open following the 8% plunge year-over-year in Chinese Industrial Profits. This is the biggest drop n profits since Bloomberg data began and points to accelerating weakness in China’s economy […]
acting-man.com / Bill Bonner / January 26, 2015
Dow up big time on Thursday – 259 points, or 1.5% Gold up too – to over $1,300 an ounce. This year is going to be a hoot. Boom, bust, lies and claptrap – we’re going to have it all!
What accounted for Thursday’s […]
zerohedge.com / by Tyler Durden / 01/25/2015 22:00 -0500
China has some stunningly beautiful natural landscapes, but, as boredpanda.com explains, they may not count for much when, in other parts of the country, pollution runs totally unchecked. China is very close in size to the USA. Yet, as The Burning Platform notes, their population […]
kingworldnews.com / January 23, 2015
Today a legend who was recently asked by the Chinese government to give a speech to a large number of government officials in China warned King World News that the world is going to plunge into total chaos and panic in 2015. John Ing, who has been in the […]
wallstreetexaminer.com / by Alan Tonelson, Courtesy of RealityChek • January 22, 2015
Could readers of RealityChek be luckier? I read through weighty tomes like the new International Labor Organization (ILO) report on global wage and income inequality so that you don’t have to!
This report’s findings need to be taken with a sizable grain of […]
globaleconomicanalysis.blogspot.com / by Mike “Mish” Shedlock / January 23, 2015
Congratulations to Hugh Pavletich and Wendell Cox (co-authors) of the 11th Annual Demographia International Housing Affordability Survey 2015, for another excellent job.
The survey shows …
“For the second year in a row, the United States had the most affordable housing among major metropolitan […]
zerohedge.com / by Tyler Durden / 01/22/2015 22:30 -0500
The ongoing ‘isolation’ of Russia took another turn for the un-isolated-er today when, as Bloomberg reports, China will build a 7,000-kilometer (4,350-mile) high-speed rail link from Beijing to Moscow, at a cost of 1.5 trillion yuan ($242 billion), Beijing’s city government said. The rail-link – which […]
zerohedge.com / by Tyler Durden on 01/22/2015 20:46
While the rest of the developed world, flooded with re-exported deflation as a result of now ubiquitous money printing, scrambles to print even more money in hopes of stimulating the economy when all it is doing is accelerating a closed deflationary loop (at least until the infamous […]
zerohedge.com / by Tyler Durden on 01/22/2015 21:12
Following the biggest crash in Chinese stocks in 8 years on Monday (following regulator’s crackdown on margin trading), The Shanghai Composite has now retraced all those losses as China’s Manufacturing PMI rises and beats modestly (though remains technically in contraction at 49.8 for the 2nd month). HSBC […]
zerohedge.com / by Tadashi Nakamae of Nakamae International Economic Research on 01/22/2015 18:30
Perhaps economic policymakers, including Federal Reserve Chair Janet Yellen and the Bank for International Settlements, should take a closer look at Japan, China, and yes, the United States, when debating the limits of monetary stimulus and the dangerous nature of financial bubbles. […]
ftmdaily.com / BY JERRY ROBINSON ON JANUARY 20, 2015
With so much poor economic news emerging all across the globe, where can you turn for the real story? Economist and host, Jerry Robinson, explains what is happening in the global economy, breaking down the stories you need to know.
Jerry discusses the European Union’s […]
DPC Steamer Tashmoo leaving wharf in Detroit 1901
theautomaticearth.com / by Raúl Ilargi Meijer / January 22, 2015
• China’s Millions Of Government Workers To Get Huge 60% Pay Raise (Caixin)
China’s 39 million civil servants and public workers will get a pay raise of at least 60% of their base salaries as […]
gold-eagle.com / Mac Slavo / January 21, 2015
And it may be happening much more quickly than anyone has realized.
Things are definitely in motion. Call it a game of musical chairs, or an exercise in rearranging chairs on the Titanic, or just that a tilting balance of power. Just don’t make the mistake […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / January 21, 2015
Yesterday, President Obama gave a State of the Union Address that contained a series of proposals for US Congress on raising taxes, free education, and carbon taxes.
I commented Obama Howls at the Moon.
Every Obama proposal is Dead-on-Arrival. Obama may as well fired a spaceship […]
zerohedge.com / by Tyler Durden on 01/21/2015 20:30
As we detailed previously, the first USD-denominated Chinese corporate bond default last week – of developer Kaisa Group – signals considerably deeper problems in China’s economy as one manager noted, “everyone is rethinking risk right now.” As Bloomberg reports, Chinese companies comprised 62% of all U.S. […]
zerohedge.com / by Tyler Durden on 01/21/2015 13:11
It was over two years ago when, as everyone was praising the US housing recovery which has since stalled dramatically in the latest dead cat bounce for everyone but the very richest, that we exposed the biggest component of demand for the ultra-luxury segment: money laundering.
armstrongeconomics.com / by Martin Armstrong / January 20, 2015
ISIS now demand $200 million in ransom or they will behead two Japanese hostages. This seems to be retaliation for last week, Prime Minister Shinzo Abe pledged $200 million in non-military assistance to support countries affected by the campaign against ISIS during his six-day Middle […]
gata.org / CHRIS POWELL / January 20, 2015
Dear Friend of GATA and Gold:
In May 2006 the economist R. Peter W. Millar of Value-Trac Research in Scotland published a study, “The Relevance and Importance of Gold in the World Monetary System,” arguing that central banks would need to revalue gold upward by from seven […]
teapartyeconomist.com / By Kira via 3ders.org / January 20, 2015
On March 29, 2014, ten 3D printed houses, each measuring 200 square meters, appeared in Shanghai, China. The buildings were created entirely out of concrete using a gigantic 3D printer, and each costs only 30,000 RMB ($4,800).
Today, just ten months after the initial […]
caseyresearch.com / Chuck Butler / January 20, 2015
In This Issue.
* Chinese 4th QTR GDP at 7.4% * ANZ say RBNZ rate hikes get delayed. * U.S. has bad data week last week. * Barry Eichengreen on a Tom Terrific Tuesday!
And Now. Today’s A Pfennig For Your Thoughts.
Lying Or Stretching The Truth?