In that case, the $23 billion of credit can suddenly become 400% or 500% of GDP.
Looks like the Chinese that have been stockpiling natural resources have already voted with their money.
Speaking of “massaged metrics” It’s the “new normal”. “Hope and change”? It’s what happens when socialists/totalitarians/criminals are running the show.
Why i the data cited 6 months or more old in this article; steel exports for May, first quarter 2013 energy growth?
Revelation:
The Sixth Trumpet
15And the four angels, who had been prepared for the hour and day and month and year, were released, so that they would kill a third of mankind. 16The number of the armies of the horsemen was two hundred million; I heard the number of them. 17And this is how I saw in the vision the horses and those who sat on them: the riders had breastplates the color of fire and of hyacinth and of brimstone; and the heads of the horses are like the heads of lions; and out of their mouths proceed fire and smoke and brimstone.
Blah, blah, blah...
Not at all sure what this article is about.
China is doing fine. Because America has sent a whole bunch of American jobs there, and now they are Chinese jobs.
Then, America simply buys things from China. Eliminating American workers from the process completely.
The problem with this is, no American workers, means no American growth, and no American taxes. So we continue to shrink, and China continues to grow.
Enough. Bring back American jobs.
Proverbs 1:19
We may see a crash that makes 1929, 1987, and 2008 look like Sunday picnics.
Then the world will look for a "global" solution, and man with a plan to get us there.
was just ther last week - in shanghain there are a third fewer cranes then 2 years ago and only 1 in 10 was actually operating while I was there. Given rent for a crane of those sizes I found that particularly odd. One building in suzhou (i call it the pants building because it looks like a pair of upright jeans) has been underway for the full 2 years when similar were completed in 1/2 that time. I’m convinced things are worse than most know and that they are slowing down quickly now.