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Jaramin posted:So is there any foreign capital left in China? Probably. It's hard to disengage from a market when you're forbidden to sell your holdings.
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# ? Feb 29, 2016 06:16 |
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# ? May 13, 2024 11:39 |
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Fojar38 posted:Lhasa
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# ? Feb 29, 2016 06:17 |
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Fojar38 posted:Lhasa
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# ? Feb 29, 2016 08:14 |
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http://www.bloomberg.com/news/articles/2016-02-29/china-s-stocks-sink-to-one-month-low-after-g20-meeting-concludesquote:Investors had hoped the government would announce measures to bolster the economy over the weekend, according to JK Life Insurance Co., after People’s Bank of China Governor Zhou Xiaochuan said on Friday there is room for more easing. There are also increasing signs funds are shifting from equities to housing, according to Steve Wang, chief China economist at Reorient Financial Markets Ltd. Yes, buy more houses!
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# ? Feb 29, 2016 16:12 |
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TheBuilder posted:http://www.bloomberg.com/news/articles/2016-02-29/china-s-stocks-sink-to-one-month-low-after-g20-meeting-concludes In Sydney or Vancouver, preferably. Because much like diamonds, house equity is FOREVER.
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# ? Feb 29, 2016 16:18 |
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It's like watching the trainwreck from Super 8 in slow motion.
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# ? Feb 29, 2016 16:21 |
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quote:China's President Sets All Party Members Homework to Read Old Report by Chairman Mao Yes, all of China's recent economic issues are the result of not being ideologically pure enough...
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# ? Feb 29, 2016 19:19 |
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quote:Earlier this month, disappointing data was missing from state statistical reports, presumably to prevent a further battering of investor confidence. Does anyone know specifically what this is referring to? e: VVVV Thanks. That seems like an awfully naive attempt at misdirection. Or arrogant. Murgos fucked around with this message at 20:38 on Feb 29, 2016 |
# ? Feb 29, 2016 19:46 |
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Murgos posted:Does anyone know specifically what this is referring to? Probably this. Look at January 2016.
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# ? Feb 29, 2016 20:20 |
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McGavin posted:Probably this. Look at January 2016. I wonder what the guys at the IMF who voted to make the yuan a reserve currency are thinking these days.
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# ? Feb 29, 2016 22:31 |
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BabelFish posted:I wonder what the guys at the IMF who voted to make the yuan a reserve currency are thinking these days. Hey at least it means that the CCP can't declare that foreigners sabotaged their economy. At least not as easily.
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# ? Feb 29, 2016 22:47 |
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BabelFish posted:I wonder what the guys at the IMF who voted to make the yuan a reserve currency are thinking these days. Glad that they received their bribes in dollars or kind I imagine.
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# ? Feb 29, 2016 22:48 |
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If they had reservations, they shouldn't have reserved them.
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# ? Feb 29, 2016 22:52 |
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Don't worry guys, more stimulus and rate cuts are on the way It is to cover the reforms that are definitely happening right around the corner for sure
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# ? Feb 29, 2016 22:54 |
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quote:The PBOC’s announcement also comes shortly before the annual meeting of China’s parliament, which must try to engineer a huge economic shift towards services and consumption and away from basic manufacturing, while also keeping growth stable. Yeah, good luck with that. Sounds like it's time for another Great Leap Forward.
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# ? Feb 29, 2016 23:03 |
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BabelFish posted:I wonder what the guys at the IMF who voted to make the yuan a reserve currency are thinking these days. Relief that they cashed out the Chinese bribe money into Vancouver condos and real estate edit:dammit aurubin
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# ? Feb 29, 2016 23:12 |
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McGavin posted:Yeah, good luck with that. Sounds like it's time for another Great Leap Forward. Haha that sentence is amazing, yes let's just Decide that we're going to transition to an advanced service based economy and then Do It! It's so simple! also quintessentially Chinese, "this is the right answer and so let's just do this. no why."
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# ? Feb 29, 2016 23:12 |
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Fojar38 posted:Lhasa Fojar38 posted:Don't worry guys, more stimulus and rate cuts are on the way
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# ? Mar 1, 2016 03:05 |
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http://mobile.reuters.com/article/idUSKCN0W205Xquote:China said on Monday it expects to lay off 1.8 million workers in the coal and steel industries, or about 15 percent of the workforce, as part of efforts to reduce industrial overcapacity, but no timeframe was given. I'm sure things are going just fine.
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# ? Mar 1, 2016 18:27 |
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The entire steel production capacity of the U.S. and Japan doesn't even match China's excess steel capacity.
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# ? Mar 1, 2016 19:22 |
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OhFunny posted:http://mobile.reuters.com/article/idUSKCN0W205X it's the first step of moving from manufacturing to service, dismantle manufacturing
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# ? Mar 1, 2016 19:25 |
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gonna be fun times in 9 months when to stave off populist anger the next president of the US starts pressing China hard on its abuse of US demand as a driver of economic growth, right as the CCP desperately abuses it as hard as they possibly can to stay in power
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# ? Mar 1, 2016 19:28 |
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icantfindaname posted:gonna be fun times in 9 months when to stave off populist anger the next president of the US starts pressing China hard on its abuse of US demand as a driver of economic growth, right as the CCP desperately abuses it as hard as they possibly can to stay in power What's the next president's name?
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# ? Mar 1, 2016 21:16 |
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joe biden
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# ? Mar 1, 2016 22:33 |
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McGavin posted:Yes, all of China's recent economic issues are the result of not being ideologically pure enough... Well it is kinda true, if they were they would have neither capitalism, corruption or dissenting citizens. Sadly people, nations and history do not work like utopian visions though.
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# ? Mar 2, 2016 00:09 |
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Open the blood gates
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# ? Mar 2, 2016 01:32 |
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Zudgemud posted:Well it is kinda true, if they were they would have neither capitalism, corruption or dissenting citizens. Sadly people, nations and history do not work like utopian visions though. Sounds like they need some kind of wall, to keep outside, foreign, corrupting influences out of the middle/central kingdom.
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# ? Mar 2, 2016 01:43 |
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OhFunny posted:http://mobile.reuters.com/article/idUSKCN0W205X ahhh yes, just too much overcapacity. we'll scale down how overcapacity we are!
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# ? Mar 2, 2016 01:49 |
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The PLA hacker brigade is going to gently caress moodys poo poo
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# ? Mar 2, 2016 02:54 |
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So the yuan hasn't devalued yet, right? I have some money in China I'm thinking of moving to Canada, would now be the time to do that?
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# ? Mar 2, 2016 03:41 |
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Ccs posted:So the yuan hasn't devalued yet, right? I have some money in China I'm thinking of moving to Canada, would now be the time to do that? Yes.
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# ? Mar 2, 2016 03:49 |
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Use it to buy canned food. And a spare can-opener.
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# ? Mar 2, 2016 04:21 |
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FizFashizzle posted:ahhh yes, just too much overcapacity. we'll scale down how overcapacity we are! Just 1.8 million? Sounds like 5-6 million layoffs planned. Insane to think about that many people suddenly thrown to the wolves http://www.reuters.com/article/us-china-economy-layoffs-exclusive-idUSKCN0W33DS
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# ? Mar 2, 2016 05:56 |
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Ccs posted:So the yuan hasn't devalued yet, right? I have some money in China I'm thinking of moving to Canada, would now be the time to do that? Invest in Vancouver real estate.
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# ? Mar 2, 2016 06:51 |
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McGavin posted:Invest in Vancouver real estate. Toplowtech fucked around with this message at 08:43 on Mar 2, 2016 |
# ? Mar 2, 2016 08:41 |
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Ccs posted:So the yuan hasn't devalued yet, right? I have some money in China I'm thinking of moving to Canada, would now be the time to do that? Get that money out, but if what's been said here is any indication, Canada is the wrong place to put it. If the Chinese economy implodes, that's lighting the fuse for the Canadian and Australian real estate bubbles to pop as well. The effect of that probably isn't going to be as dramatic as the Yuan exploding, but it's worth noting. I'm not even sure what market would be the stable safe bet here. Indicators are pointing at another US downturn in the near future as we are setting up for a second .Com bubble bursting.
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# ? Mar 2, 2016 16:09 |
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The yen seems to be strengthening against both the dollar and the euro. Maybe a sign of something?
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# ? Mar 2, 2016 16:23 |
Grundulum posted:The yen seems to be strengthening against both the dollar and the euro. Maybe a sign of something? Mostly that trying to play the forex game with your money is a very dumb idea.
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# ? Mar 2, 2016 16:39 |
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Shifty Pony posted:Mostly that trying to play the forex game with your money is a very dumb idea. If it's so dumb then why do they let you lever up 100X?
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# ? Mar 2, 2016 17:19 |
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# ? May 13, 2024 11:39 |
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Shifty Pony posted:Mostly that trying to play the forex game with your money is a very dumb idea. I meant more in terms of where might be a safe place to put money. Sure, the bank accounts in Japan offer zero (and I've heard rumors about negative) interest, but maybe the investment outlook is perking up?
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# ? Mar 2, 2016 17:42 |