[TigerLikesRooster]

Ping!

[PugetSoundSoldier]

Meanwhile, the hundreds of billions of stimulus the Obama Administration has paid out languishes in bank reserves and planning budgets, and the DJIA has stayed essentially flat all year long...

I’d take a 90% rise with a 10% fall-back over the current flat-line the Obama Administration seems intent on maintaining!

[GonzoGOP]

Chinese banks, acting at the government’s behest, unleashed a flood of lending this spring and early summer as part of its efforts to stimulate the economy. Some of those funds were channeled into equity markets, at least temporarily, leading some analysts to warn of an asset bubble.

Wow where else have i seen something like that? /sarc

[Ghost of Philip Marlowe]

Interesting. I’ve been reading that the ChiCom economy is mainly smoke-and-mirrors — lots of construction and 50-story buildings that are completely empty.

I don’t know this to be true other than from what I’ve read.

But if it is true, the global recession/depression is going to much longer and much more intense than what the “experts” are expecting (no surprise there).

But if this is true, then it does set the stage for the new ruling party in Japan (who claims to be China-friendly) to team up with the ChiComs to create an Asian version of the EU.

Could Orwell have been so correct in his prophetic writings that global nations are essentially along the three regions of Oceania, Eurasia, and Eastasia?

[sickoflibs]

US market next??