| User Info
| China Headed For The Ditch in forum [Market-Ticker]
|
Zarathustra
Posts: 5961
Incept: 2009-04-29
Funkytown
|
Bring It On...
----------
"And in knowing that you know nothing, that makes you the smartest of all." - Socrates
|
Tdray
Posts: 249
Incept: 2008-12-11
|
It will all turn around next month when the iPhone 5 is announced. They're just holding back their production and export numbers so stocks and real estate won't overheat. /sarc
|
Iou
Posts: 1027
Incept: 2009-03-16
The Twilight Zone
|
My popcorn is cold and stale. Is it time to pop some more?
----------
"When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it."- Frédéric Bastiat
|
Savingsaretheway
Posts: 121
Incept: 2011-12-16
|
It's nothing that some additional monetary stimulus in the west cannot rectify. Bernanke and Draghi will just increase the amount of money chasing those Chinese goods.
Wash, rinse, repeat.
|
Jb350
Posts: 359
Incept: 2011-06-10
Detroit metro
Banned
|
It is just amazing how the S&P500 is within 1% (!!!) of a 4 year high despite bad data like this as well as bad data from my own indicator.
|
Debtpie
Posts: 534
Incept: 2009-12-17
|
I intentionally avoid "Made in China" as much as possible...funny thing though...I'm not seeing "Made in China" as much as in the past...It's now "Made in Vietnam" and "Made in Indonesia" and believe it or not "Made in the USA":)
----------
A Leader, or an Opportunist? "A leader has the capacity of vision, the ability to see where things are headed before people in general see those things." Mitt Romney --- DebtPie's definition: a leader decides where "things" should head and "leads" us there.
|
Muscleknight
Posts: 3993
Incept: 2007-06-26
Columbia, SC
|
When do the short bus riders see this?
----------
|
Lplate
Posts: 4737
Incept: 2008-08-06
Australia
|
|
Mpilar
Posts: 5614
Incept: 2009-01-05
Nashville, TN
|
Quote:"Made in Vietnam" This is something I saw a lot in the Czech Republic...talk about absolute and total crap...the "Made in China" stuff was top quality compared to stuff from that little ****hole. I've seen a few things here with that label and I avoid it like the plague...
----------
Every normal man must be tempted at times to spit on his hands, hoist the black flag, and begin to slit throats. H. L. Mencken
|
Aztrader
Posts: 6650
Incept: 2007-09-10
Scottsdale, AZ
|
The manufacutures have been begging us to buy again. They don't understand the concept that we have too much inventory and can't sell what we have. They pound us with emails and we saw this coming a couple of months ago.
Business is drying up big time and anything you hear about things being OK or better is not true. The BS is getting louder and louder, but in reality, businesses are getting reamed. We just were offered Tasers at a 20% discount which is very substantial. This is telling me that they aren't moving and the distributor needs the cash flow. Look out below........
|
Jtmo3
Posts: 679
Incept: 2009-07-31
Missouri
|
No worries...the market is about to go green. Everybody is at home watching the olympics rather than out spending money. This will pass. Never underestimate the worlds love of china made ****. Sarcasm off.
|
Nomullet
Posts: 6831
Incept: 2007-11-11
SW
|
+1% YOY seems like 'muddling'
----------
Don't confuse clear thinking with simplistic thinking.
--Nomullet
|
Loves2learn
Posts: 1210
Incept: 2009-01-28
The free (for now) state of Kansas
|
Where I work (big transport co) in the revenue division, we are in what we call "peak" for billing. All the back to school merchandise was delivered several weeks ago and we are now billing for Christmas deliveries to retailers and wholesalers.
Either we fixed all most all of our billing problems and we are virtually billing error free. Therefore, there is no need for anyone to call for a correction or adjustment OR More likely, revenue has tanked...because it's so slow I can read several pages of a book between calls..
----------
A poor person's farm may produce much food,
but injustice sweeps it away. Proverbs 13:23
The illegal we do immediately. The unconstitutional takes a little longer.
Henry Kissinger, New York Times, Oct. 28, 1973
|
Cvdoc
Posts: 163
Incept: 2009-06-11
Washington, DC
|
Hospital admissions are down also. More stuff being down in outpatient centers. Cheaper than doing in a hospital setting. Nursing and admin people being put on furlough at several hospitals. The economic death spiral begins.
----------
Few men desire liberty; most men wish only for a just master.
Sallust
|
Avianphlu
Posts: 3980
Incept: 2008-12-03
Ulster NY
|
Quote:Those who think that we're going to "muddle through" have another think coming... think to "thing" ? Reason: .
|
Anti
Posts: 4303
Incept: 2007-10-09
|
It is still growth. We need tose numbers to go negative and stay there.
----------
Health is better than health insurance
http://gerson.org/
Over the past 60 years, thousands of people have used the Gerson Therapy to recover from so-called “incurable” diseases such as cancer, diabetes, heart disease and arthritis.
|
Porkchop
Posts: 143
Incept: 2007-07-15
Joliet, IL
|
I think the end of the year will have it's own problems. With the approaching tax changes I would expect a lot of selling to avoid the higher rates we will see in 2013
|
Mannfm11
Posts: 3556
Incept: 2009-02-28
DFW, Tx
|
China is tremendously overbuilt. They are looking at a demographic shift that will make the boomer shift look like a blip. One of the worlds greatest bubbles.
----------
The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
|
Veedubforlife
Posts: 40
Incept: 2011-08-19
United States
|
Let's just hope the crash comes right at the end of October, so at least his "one term proposition" will be the one truth he told during his presidency.
|
Krs
Posts: 688
Incept: 2009-05-07
Colleyville, Texas
|
Quote:"The government is likely to respond by ramping-up its stimulus efforts, with both monetary and fiscal guns firing." Which will only exacerbate the situation ala 2008 - 2009 Quote:In 2008-2009, China announced spending worth $586 billion or 14 percent of its GDP , to bolster its economy in the face of a global financial crisis.
But that spending is blamed for many of China's economic problems in the years that followed such as local government debt, over investment in housing and higher inflation. No good answers for China at this point, options that can create real growth are gone, just a matter of how long the CB's can keep the bubble inflated before we blow/pop/crash.
----------
Fog, smoke, and mirrors... perhaps those tin-foil-hat wearing digital dickweeds were on to something?
Tyler Durden on the Fed – Feb 28, 2013
|
Bagbalm
Posts: 4264
Incept: 2009-03-19
Just North of Detroit
|
I'd be more concerned that when things are bad at home countries do stupid things to their neighbors. China has already been displaying aggressive behavior.
|
Flaps10
Posts: 5173
Incept: 2008-10-17
seattle
Online
|
debtpie wrote..I intentionally avoid "Made in China" as much as possible...funny thing though...I'm not seeing "Made in China" as much as in the past...It's now "Made in Vietnam" and "Made in Indonesia" and believe it or not "Made in the USA":)
I'm a label guy too. When I first started finding things made in "other than China" I embraced it as "well at least it's not Chinese". A short lived thought. I work with a Vietnamese guy who spends about a month every year in Asia. I was bitching one day about Chinese products - less about cheap **** and lost jobs but more about wages, worker conditions and environmental damage. He said that when Chinese wages become too high the companies will take the work to Vietnam, India, etc. You simply can't pay people in china a fair wage or give them good working conditions. Strangely he's okay with the whole concept. A dollar a day for hard labor is better than not having a dollar according to him.
----------
"Better to die on your feet than live on your knees"
|
Krs
Posts: 688
Incept: 2009-05-07
Colleyville, Texas
|
And the story continues to get legs, although a large % of this is being driven by a reduction in oil prices, the argument for additional QE gets harder and harder. Quote:Prices fell for goods and services bought from most of America's major trading partners, including China, Mexico and the European Union. That could be a sign of the recent cooling in the global economy, which has been largely caused by Europe's debt crisis. Full story here http://www.chicagotribune.com/business/s....
----------
Fog, smoke, and mirrors... perhaps those tin-foil-hat wearing digital dickweeds were on to something?
Tyler Durden on the Fed – Feb 28, 2013
|
Lenguado
Posts: 1272
Incept: 2010-01-12
Orlando, FL
|
Cvdoc, Quote:The economic death spiral begins continues - deepens & steepens. FIFY -  Veedubforlife, Quote:Let's just hope the crash comes right at the end of October, so at least his "one term proposition" will be the one truth he told during his presidency. What? So we can get 'The Romney' in there? Seen this story before. Different plot. Same ending.
----------
I just realized... they aren't saying, "Keynesian Economics" they're saying "Kenyansian Economics". Grass Huts for everyone!  Welcome to history’s first Double Dip Depression |
