HaavBline

China: Consequences of the Sleeping Lion Awakened

You do not own the English language, my friend. You are not even from England.

Go to India and you will know what I mean instantly.


On Nov 16 09:23 AM Tony Petroski wrote:

> The title said "Consequences of the Sleeping Lion Awakened."
>
> I missed reading anything about that. Instead I read an article touting
> the mightiness of China and the Chinese economy.
>
> Note to the communist handlers: In english the phrase is "sleeping
> giant."

How China's Dollar Peg Keeps Oil Prices High

This attempt to blaim oil prices entirely on Yuan valuation is very strenuos and not convincing.

The emphasis about a Yuan carry trade is especially fanciful. The RMB is not easily tradable. A Yuan carry trade is not that significant. The author even attempt to imply that the global deleveraging crash triggered by the collapse of Fannie/Freddie, Lehman, AIG was really caused by Yuan repegging.

What nonsense.

Geithner to Get a Spanking in China

Why limit your totalitarian idea at banning Chinese restrurants? There are so much policy flexibility if US turn totalitarian.


On Jun 01 11:40 AM carey_jim wrote:

> I propose a ban on Chinese restaurants until this currency mess gets
> under control.

Helping China Hasten the Dollar's Demise

The US Dollar will remain the most important reserve currency and the most widely used currency for international trade, but its 'market share' will gradually reduce.

While shaky credit worthiness makes other countries nervous about keeping too much USD in their FX reserve basket, automated and internet-connected trade transactions makes use of USD as trade currency an unnecessary cost that other country would like to cut now that everbody need to cut cost to the bone.

Nouriel Roubini's Bullish on the Chinese Yuan: Think Twice Before Buying It in ETF Form

If you really use immigration and musical trend as investment guides, you would be late by not just years but decades, so late that you may even luck out.

Decades after US took over from GB as the new empire of the world, Americans remain feeling inferior culturally to GB, until they won the cold war in the 80s. Just think about all those British rock groups, are they really that great?


On May 15 10:10 AM max12345 wrote:

> When people from all over the world start trying to emigrate to China
> to live there permanently because they love the freedom there, or
> when Chinese rock and roll music is danced to in the discos of this
> world, maybe then I will buy lots of Chinese Yuan and sell short
> the U.S. dollar. Until then I am going to stick with the Greenback.
> (Sorry Nouriel if I don't follow your phenomenal logic)
>
> The power of countries or of empires...the British Empire, the U.S.
> Empire....and the Chinese Empire that Mr. Roubini foresees and predicts
> for the future (he ranks right up there with Cassandra) is a very
> complex ongoing interplay of political, economic, social, cultural
> and military power and the related forces and influences ....that
> allow a country to run things either because people like it or because
> they are too afraid of it. In the case of China it's unlikely it
> will be able to muster up enough of either for at least another couple
> of centuries. And by then planet earth will be dead and buried due
> to the continuing environmental assault by the "human" race. And
> so I do rank right up there with Nouriel in terms of pessimism?

Geithner on Yuan: Misstep or Warning Shot?

If this was intended to be a warning shot, it worked wonderfully.

Given global media and market responses to Geithner's comments, it is clear the world is watching Obama's administrations potential missteps very nervously. We are in the midst of a US Treasury bubble which smart monies are already betting against. The nervousness of the market shows that the Treasuries are in a very delicate situation. Any signn that the Chinese will retaliate could cause a big sell off of the Treasuries.

I have been adding to short positions agaisnt mid and long term Treasuries expecting big rewards in one to two years, but it seems the potentials for big short-term gains on my short positions is increasing very quickly.

Good job, Tim.

Geithner on Yuan: Misstep or Warning Shot?

Chubese currebcy appreciation will help some other Asian countries a great deal, Vietnam, Cambodia, India, Bangladesh will be happy to pick up a lot of the low end manufacturing, none of those low-pay, polluting jobs will be coming back to the US, as those politician would like you to believe.

On Jan 23 11:04 AM lonestar1 wrote:

> Can anybody explain to me how Chinese currency appreciation would
> benefit US economically in any particular area? A thorough analysis
> would show NONE. 40% appreciation WILL NOT help US to rebuild manufacturing
> sector, while $ may spiral down.
>
> The currency fight is an issue both sides will lose badly on eocnomic
> terms. You have to wonder why politicians keep pedalling this. <br/>

Main U.S. Creditors Rub Shoulders

The author is reading way too much in a meeting like this one.

The meeting has been initiated by South Korea. What for? Korea, which traditionally adopts a riskier, high growth strategy and China and Japan, has been in a crisis in recent months, seeging the deep drop in the Korean Won and its currency reserve. The urgent objective of this meeting is really a call for help from South Korea's two bigger neighbors.

At a time of financial nuclear winter, it is natural for neighbors to get closer to draw some mutual support, and share some notes about their biggest common concern, their biggest common customer and common debtor, USA.

All three company is seeking very pragmatic things: world economic stability, increased voting power conssitiant with their rising economic contributions, but NOT a new world order.