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haiguike

haiguike
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  • Why India Will Pass China - And How To Invest [View article]
    The stock market in the developing countries of Asia is for speculation and outright gambling. The Chinese simply do not trust their stock market. Stock market growth is not a good indicator of overall economic growth and prosperity.
    Apr 29, 2013. 02:50 PM | 2 Likes Like |Link to Comment
  • Coal Faces Tremendous Long-Term Problems [View article]
    China currently consumes 47% of the world's coal supply and they are projected to consume 53% by 2030. As much as China is diversifying into and becoming the global leader in renewable energy and nuclear energy, their energy demands are increasing even higher. China's per capita electricity consumption is projected to double by 2030. Nuclear power accounts for 17% of the world's electricity production; China is currently only at 2%. China is building several nuclear power plants each year, but it won't be enough by 2030.

    Unless the author's long term picture is 30+ years, expect the super-cycle in the commodities bull market to continue for next few decades. South America, Africa, SE Asia, and China are all developing and they want to drive cars and use washing machines too.
    Apr 29, 2013. 10:55 AM | 3 Likes Like |Link to Comment
  • 5 Reasons Why We're Not Going Over The Demographic Cliff [View article]
    I agree. That is far more expensive than the welfare for the poor and lazy.
    Apr 29, 2013. 06:20 AM | Likes Like |Link to Comment
  • 5 Reasons Why We're Not Going Over The Demographic Cliff [View article]
    I take back my own comment. It's even better. Over 90% of the wage earners in China do not pay income taxes. All monthly wages up to 3,500 CNY are exempt from income taxes. Currently 93% of the documented wage workers make less than 3,500 CNY monthly.

    http://reut.rs/12HwxM7

    Not bad for the small potatoes. Of course, can't beat the American system where you get all the working people to shell out 40% to 60% of their income to take care of your "disability", food stamps, and other welfare programs.
    Apr 29, 2013. 05:15 AM | 2 Likes Like |Link to Comment
  • 5 Reasons Why We're Not Going Over The Demographic Cliff [View article]
    Around 90% of the people in China do not even pay taxes on income. What are you talking about?
    Apr 29, 2013. 12:46 AM | Likes Like |Link to Comment
  • Gold - The Ultimate Blame Game [View article]
    "You forgot what happen in Laos, Vietnam and Pole Pot's Cambodia ?"

    --- What about Laos? We dropped over two millions tons of bombs in Laos. Just ask any Laotian or just Google it. We also dropped bombs in Cambodia too, killing hundreds of thousands of people.

    "A missile with a nuclear bomb...Yes, of course I am..."

    --- Do you have any evidence of this? This has been debunked already. No nukes in Iraq. There are not even any nukes in Iran.

    "We can destroy our own dollar without anyone's helf...Any proof of America installing Saddam to power?"

    --- It is common knowledge available to everyone in public that the CIA organized coups that employed political assassination, imprisonment, and torture to install parties into power. In 1963, a CIA organized coup assassinated Qasim, which brought Saddam's Ba'ath Party to power.

    Saddam actually brought stability between Israel and Iran. Now that he is gone, do you see what is going on now?

    "Blow back, heh, you sound like a Ron Pauly support..."

    --- You sound like the typical old and brainwashed red American who watches Fox news everyday. Did you happen to buy gold from Glenn Beck as well?
    Apr 28, 2013. 10:29 PM | Likes Like |Link to Comment
  • Gold - The Ultimate Blame Game [View article]
    The U.S. lost the Vietnam War. Communism was suppose to take over and destroy Asia. Never happened. When you overthrow nations and install puppet dictators, you get blowback.

    I have no idea what you mean your WMD remark. You are trying to justify the invasion of Iraq?

    Saddam was threatening the dominance of the petrodollar. He was selling oil in Euros. Saddam was put in power by the U.S. against the Soviet Union; he later decided he no longer wanted to be a puppet of the U.S.
    Apr 28, 2013. 12:41 AM | 1 Like Like |Link to Comment
  • Gold - The Ultimate Blame Game [View article]
    "God bless America". It's tough to accept the truth when you're brainwashed. Do you still believe the Vietnam war was against communism and the invasion of Iraq was for weapons of mass destruction?
    Apr 27, 2013. 12:55 AM | Likes Like |Link to Comment
  • Gold - The Ultimate Blame Game [View article]
    Just someone who united the entire country at its darkest period in history when it was getting pillaged and colonized by Japan and England and mass murdered by its own people (The Manchurians and regional warlords).

    Yes, Mao was not a good economist or policymaker. The Great Leap Forward and Cultural Revolution were disasters; however, Deng Xiaoping knew what he was talking about he said Mao was 70% right and 30% wrong.

    Having studied real American history and China's history, I would say Abraham Lincoln was a much worse mass murderer than Mao; however, we still exalt Honest Abe as one of the three greatest presidents of all time.

    The "Civil" War caused over 1 million deaths, which was 3% of the entire population, all for the few rich northern elites' profits. Had the South been successful, the Charleston and New Orleans ports would have made the North unable to compete economically.
    Apr 26, 2013. 06:30 AM | 1 Like Like |Link to Comment
  • Gold - The Ultimate Blame Game [View article]
    Avi never claimed to be a fortune teller. Technical analyses has always been about probabilities, not absolutes.
    Apr 26, 2013. 06:12 AM | Likes Like |Link to Comment
  • Friday Charts: China Dethroned And Japan Joins the 'QE Infinity' Club [View article]
    Sam, China manufactures and buys more cars than the U.S. now. That certainly was not the case 30, 20, or 10 years ago. China has only been manufacturing cars for the domestic market until very recently. Now China is exporting Chinese brand cars manufactured in China to developing markets like South America and Africa.

    Yes, GDP has been skyrocketing and domestic consumption has not kept up. That's why the government is purposely slowing down growth to boost domestic consumption. Expect the CNY to appreciate vs all developed countries' currencies over the long term.
    Apr 26, 2013. 05:46 AM | 2 Likes Like |Link to Comment
  • Friday Charts: China Dethroned And Japan Joins the 'QE Infinity' Club [View article]
    Vietnam and Indonesia do not have China's infrastructure, highly skilled and competitive workforce, and overall efficiency. The author is correct that low cost goods manufacturing is being taken over by Vietnam and Indonesia, such as motorbike seats and socks; however, China is moving on to manufacturing cars and domestic consumption, which equals to slower but still very competitive growth. This is overall very healthy for China.
    Apr 26, 2013. 04:49 AM | 2 Likes Like |Link to Comment
  • Why India Will Pass China - And How To Invest [View article]
    According to the author's logic, it's not a matter of IF, but WHEN Niger, Somalia, and Congo will be the world's biggest economies.
    Apr 25, 2013. 09:06 AM | 5 Likes Like |Link to Comment
  • The U.S. Economy: How Did We Get Here? Where Are We Headed? [View article]
    I stopped reading at "We could have done nothing and just let the bubble collapse play out naturally. This likely would have resulted in a far deeper and potentially more prolonged depression. What's going on in Greece and Spain is closer to this scenario and those nations have full blown depressions with continually declining GDP and unemployment well over 20%."
    Apr 23, 2013. 05:47 AM | 3 Likes Like |Link to Comment
  • The Slow Road To China's Currency Convertibility [View article]
    Very excited to work on RMB denominated projects using Singapore as a hub in the future. There is tremendous potential and room for exponential growth in China's finance and insurance sectors.
    Apr 11, 2013. 11:31 PM | 1 Like Like |Link to Comment
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