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We'll see if any state owned companies with us debt go under when the fed finally raises rates.
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Sep 22, 2015 18:18
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Has anyone posted this already? Chancellor George Osborne has said the UK and China are exploring how to link their stock markets. I get it pales in comparison to the whole "Cameron put his penis into a severed pig's head", but it still seems like phenomenally dumb move/more British fellating of China. E: or maybe I don't understand what's really going on with that proposal Private Speech fucked around with this message at 21:12 on Sep 22, 2015 |
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Sep 22, 2015 21:09
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Private Speech posted:Has anyone posted this already? I was baffled when I read that. He's choosing NOW to advocate this?
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Sep 22, 2015 23:22
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Private Speech posted:E: or maybe I don't understand what's really going on with that proposal Britain is a failing state looking for any way to keep its financial services industry afloat. Plus any negative effects of this wouldn't be seen as the fault of the government (like all financial news above a 5th-grade reading level). They're probably hoping for enough of a hot cash injection so they don't look completely inept at running the country in time for the next elections.
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Sep 23, 2015 05:59
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Bro Dad posted:Britain is a failing state looking for any way to keep its financial services industry afloat. Plus any negative effects of this wouldn't be seen as the fault of the government (like all financial news above a 5th-grade reading level). i propose the installation of a puppet queen who does nothing but dress up for annual events, while being extremely old, therefore unable to speak to the press.
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Sep 24, 2015 02:49
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Lol I never thought of it that way , 'Yeah, the head of State won't talk about politics but I guess thats ok for some reason.'
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Sep 24, 2015 04:19
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Miltank posted:Lol I never thought of it that way , 'Yeah, the head of State won't talk about politics but I guess thats ok for some reason.' Probably because that's the job of the head of government? It's pretty normal for the head of state not to do politics in anything short of a constitutional crisis.
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Sep 24, 2015 15:52
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MNI reports on the latest from SAFE (State Administration of Foreign Exchange: Putting a cap on annual cash withdrawals, of CNY100,000 for Chinese citizens using bank cards at overseas ATMs (The current limit is CNY10,000 daily, but no annual limit) China is facing pressure from capital outflows The SAFE has called on banks to step up checks to limit outflows but cash withdrawals at overseas ATMs create a loophole for people to move money overseas http://news.forexlive.com/!/china-capital-outflow-safe-limits-yuan-cash-withdrawals-at-overseas-atms-20150929
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Sep 29, 2015 07:49
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Seems like for the time being things are pretty "stable?" It's hovered around the 3000 mark for a while now. I suppose the lack of movement itself is not good either.
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Oct 2, 2015 05:26
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This is how you know China's economy is about fall on itself: http://www.newyorker.com/culture/culture-desk/chinas-butler-boom
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Oct 2, 2015 06:18
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Cultural Imperial posted:This is how you know China's economy is about fall on itself: What the gently caress. That's some impressive excess from the growing upper class. I'm not sure what you mean though?
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Oct 2, 2015 06:41
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Artificer posted:What the gently caress. That's some impressive excess from the growing upper class. I'm not sure what you mean though? new money of an hedonistic upper-class doesn't know how to correctly spend itself. it is in denial of the true nature of the bubble economy from which its very being arose itfp.
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Oct 2, 2015 06:45
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It is interesting that they attempt to imitate the customs of upper-class Western Europeans rather than reviving the equivalent practices of the old native upper class. Also, why would the butlers be mostly women? Is there some cultural norm that discourages men from being domestic servants?
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Oct 2, 2015 12:02
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Kopijeger posted:It is interesting that they attempt to imitate the customs of upper-class Western Europeans rather than reviving the equivalent practices of the old native upper class. It's China. Though really you could say the same of most of Asia as most countries contained within haven't made much of an attempt to get past basic misogyny or the idea that women are inherently inferior.
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Oct 2, 2015 12:16
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Artificer posted:Seems like for the time being things are pretty "stable?" It's hovered around the 3000 mark for a while now. I suppose the lack of movement itself is not good either. If you believe in charting (I don't but in this case...) their is strong support at 3000 but the trend is still downward creating a wedge or triangle that looks like it will come to an inflection point in a week or two. i.e. if you draw a line at 3000 it looks like the price line is hitting it and bouncing up but the general direction is still down so the bounces are getting smaller and smaller. http://www.investopedia.com/university/charts/charts5.asp In this case it's a descending triangle which typically is thought to indicate bearish sentiment. That is that people think the price should be lower than it is but something is propping it up.
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Oct 2, 2015 14:10
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Murgos posted:If you believe in charting (I don't but in this case...) their is strong support at 3000 but the trend is still downward creating a wedge or triangle that looks like it will come to an inflection point in a week or two. I had no idea this was a thing. Thank you for pointing it out.
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Oct 2, 2015 17:17
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Artificer posted:I had no idea this was a thing. Thank you for pointing it out. It's a thing kind of like Horoscopes or Astrology are a thing. Don't put This is called technical analysis and here is an accurate summary http://dilbert.com/strip/2015-02-23 Some people do swear by it and claim they make millions following technical analysis though.
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Oct 2, 2015 17:42
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Remember that Chinese plan to build a rival to the Panama canal through Nicaragua? The guy who was behind it lost 85% of his money in the stock market.
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Oct 2, 2015 17:53
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Hahaahahah
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Oct 2, 2015 17:56
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Fojar38 posted:Remember that Chinese plan to build a rival to the Panama canal through Nicaragua? Holy gently caress. 
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Oct 2, 2015 18:04
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Kopijeger posted:Also, why would the butlers be mostly women? Is there some cultural norm that discourages men from being domestic servants? Nothing wrong with liking ladies in suits  Fojar38 posted:Remember that Chinese plan to build a rival to the Panama canal through Nicaragua? Ahahahaha. I hope for Nicaragua's sake that this is enough to cancel the project (it's a bad thing for Nicaragua, right?)
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Oct 2, 2015 18:06
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The Lord of Hats posted:Ahahahaha. I hope for Nicaragua's sake that this is enough to cancel the project (it's a bad thing for Nicaragua, right?) It's a terrible thing for Nicaragua.
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Oct 2, 2015 18:08
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A man, a plan, a canal, no money - Nicaragua!
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Oct 2, 2015 18:15
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I guess I feels sad for a person who has 1.1 billion? Anyway is there any evidence that another canal connecting the Atlantic and pacific is even needed.
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Oct 2, 2015 18:20
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Would be pretty nice if like a meteor falls into the panama canal and we can't use it, I guess?
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Oct 2, 2015 18:33
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Vladimir Putin posted:I guess I feels sad for a person who has 1.1 billion? My guess is they want a canal that won't be nominally controlled by the Americans, it's a prestige thing. Also maybe facilitating smuggling, I guess?
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Oct 2, 2015 18:35
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The dimensions of the Panama Canal locks is one of the major limitations for the size of cargo ships. Wasn't one of the make work programs China did to dump ton of new cargo ships on the market? A new canal would create more reason for companies to buy bigger newer ships.
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Oct 2, 2015 18:42
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Ceciltron posted:My guess is they want a canal that won't be nominally controlled by the Americans, it's a prestige thing. Also maybe facilitating smuggling, I guess?
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Oct 2, 2015 18:43
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Shifty Pony posted:The dimensions of the Panama Canal locks is one of the major limitations for the size of cargo ships. That's why the Panama Canal is already in the midst of a massive widening and deepening project though. I believe the whole route will be upgraded by the end of 2016?  "New Panamax" is of course the dimensions for ships that will fit through the newly expanded locks. "Chinamax" refers to basically the largest ships around in bulk usage, including bulk ore shipment to China. It's got "unlimited" above water height because it involves not needing to cross under bridges. And "Suezmax" has unlimited length because there's no locks on that canal. Toplowtech posted:Russia would like to be able to cross a pacific-Atlantic canal not under US control. It's not like a Nicaragua canal wouldn't be closely monitored by the US.
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Oct 2, 2015 18:50
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Nintendo Kid posted:It's not like a Nicaragua canal wouldn't be closely monitored by the US.
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Oct 2, 2015 19:02
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Toplowtech posted:Yeah but it's still nice for them not to have to give gently caress diplomatically. You do understand we occupied that country from 1912 to 1933? And our whole support of the Contras there throughout the 80s? We don't exactly avoid loving with Nicaragua.
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Oct 2, 2015 19:08
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Also, the whole Monroe doctrine thing. We've been claiming that for almost 200 years, not going to stop now.
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Oct 2, 2015 19:52
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It's not like the Nicaragua canal wouldn't collapse in on itself the first typhoon.
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Oct 2, 2015 20:40
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That deal for the canal also included a railway parallel to it and two airports, one at either end of the canal. Those would still be under Chinese control even if the canal was never finished.
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Oct 2, 2015 20:42
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computer parts posted:That deal for the canal also included a railway parallel to it and two airports, one at either end of the canal. Those would still be under Chinese control even if the canal was never finished. Nicaragua needs a railway to nowhere and two more airports.
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Oct 2, 2015 20:47
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So when will the real collapse of the Chinese economy occur, if it hasn't already?
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Oct 3, 2015 01:46
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Grouchio posted:So when will the real collapse of the Chinese economy occur, if it hasn't already? Come back next week.
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Oct 3, 2015 04:21
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Nintendo Kid posted:You do understand we occupied that country from 1912 to 1933? And our whole support of the Contras there throughout the 80s?
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Oct 3, 2015 09:55
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 http://www.bloomberg.com/quote/SHCOMP:IND That flat line is pretty loving hilarious. You think something untoward is happening here? lmao
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Oct 5, 2015 03:26
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Cultural Imperial posted:
I call this trend "jumping the shark", due mostly to an abstract interpretation of what i believe the squiggly lines to symbolize. also, this analogy is relevant to the physics of a stone skipping across a narrow body of water. i think i might become the first perpetually stoned econoalchemist 
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Oct 5, 2015 03:43
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