unimpressedpragmatist

Is the 'Commodity Super Cycle' Dead or Alive?

God deliver us from chartists! They bring truth to the adage "that figures don't lie but liars sure can figure". Speculation is the heart and soul of the markets. Super speculators have always been active and will always be active. I suggest the chartists pack up their drawing tools and get a real job. We have all the bullcrap we need coming out of Washington and the various state capitals.

A U.S. Recession May Create a Soft Landing for China

As usual, media pundits display their ignorance on the subjects of global power politics and international economics. Seeking Alpha should exercise more oversight on its selection of writers and their subject matter. Verbosity of the pen is no guarantee of true knowledge.

Media pundits make their living by disseminating rumors and predictions of impending disaster. Such is the case with this article. The United States is in a temporary state of economic unrest similar to a slightly upset stomach. There is too much strength in the economy in allow a slip into recession.

China, on the other hand, possesses a very thin veneer of economic well being based upon the strength and continued successes of the U.S. economy. A reversal of our economy demonstrated in recession would bring China’s crashing down around its feet.

The Chinese may be amateurs and johnnies-come-lately in capitalism but they are not stupid. Any moves on their part to destabilize the economy of the United States would result in a complete collapse of their economy. So, they make a lot of noise and issue threats but will do nothing to kill the golden goose, or in this case, the golden eagle.