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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (119100)5/14/2016 6:57:40 AM
From: 3bar  Respond to of 217700
 
E Steve Keen talks about " too much debt " debtdeflation.com

The first part of this seems a bit confusing to me abut 15 min mark he starts the charts which from knowing his ideas is clear .



To: elmatador who wrote (119100)5/14/2016 11:34:32 PM
From: Arran Yuan1 Recommendation

Recommended By
elmatador

  Read Replies (2) | Respond to of 217700
 
A belated contraction in China! Wish it comes the sooner the better. China should have taken 2008 to change its directions of economic development as a non-primary financial economy player.



To: elmatador who wrote (119100)5/15/2016 12:00:14 AM
From: Snowshoe  Respond to of 217700
 
50th anniversary of Mao's mayhem...

Cultural Revolution, 50 years on – the pain, passion and power struggle that shaped China today
scmp.com

More on Cultural Revolution from SCMP
scmp.com



To: elmatador who wrote (119100)5/16/2016 5:21:49 PM
From: Elroy Jetson1 Recommendation

Recommended By
elmatador

  Read Replies (1) | Respond to of 217700
 
I'm reminded of a photo of my grandfather in a rickshaw in 1914 Manchuria being pulled by his little brother.






To: elmatador who wrote (119100)10/28/2017 8:11:58 PM
From: TobagoJack  Read Replies (1) | Respond to of 217700
 
re <<Hong Kong GDP Tumbles At Fastest Pace Since Financial Crisis>>

... calling you out, re to above rubbish.

but, re <<Is HK a proxy for what it is happening in China?>>

... you are likely correct.

scmp.com

Hong Kong economy grows at fastest pace in six years, smashing gloomy forecastsHong Kong’s economy grew at its fastest pace in six years in the first quarter, putting it on track to hit the top end of the government’s target for 2017.

Shrugging off officials’ previous gloomy forecasts of tepid performance, gross domestic product grew 4.3 per cent, according to official figures released on Friday.

The expansion in the economy was boosted by the buoyant stock market, increased trade, a hot property sector, robust employment and an encouraging global economic outlook, the government and experts said.

The overall performance was well above the 3.7 per cent average forecast by analysts.

Updated figures for the final quarter of 2016 were up 0.1 per cent to 3.2 per cent, signalling a fast and sustained improvement in the economy, experts said.

The economy was “sustaining the improving trend that began in the second quarter of last year”, acting government economist Andrew Au Sik-hung said.

He expected the momentum to continue, thanks to both global and mainland economic growth boosting trade, and higher visitor numbers to stimulate the retail and services sector.



Kwon Young-sun, senior economist at Nomura, said: “Growth momentum is intact in Hong Kong. It will continue into the second quarter.”

The better-than-expected economic expansion suggests that the government is on track to meet its estimated 2 to 3 per cent growth for the entire year.

Nomura has now upgraded its Hong Kong growth forecast, predicting that GDP will rise 2.7 per cent instead – 0.5 per cent more than the original estimate. Kwon attributed it to a resilient job market, higher wages and lower inflation.

However, Royal Bank of Scotland Asia economist Vaninder Singh said the strong property market could be weakened by a rise in US interest rates, curbing overall growth.

Kwon said the better-than-expected growth was good news for chief executive-elect Carrie Lam Cheng Yuet-ngor, who would inherit a strong fiscal position and a positive business outlook.

“The new chief executive will be on a very good foundation,” he added.