There's bad, there's worse, and then there's this China chart
This is interesting, perhaps foreboding....
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their charts are based on their lies...not to be trusted...
I may try investing after I get around to figuring the taxes on a highly diversified inheritance I received.
And some of it is already stocks and bonds and whatever.
i am john kelly ...mia767ca@aol.com..retired airline captain...
PSSSST!
Don't tell anyone. I like my allosaur moniker.
Ha! Ha!
In other words~
I can't hear you!
I can't hear you!
La, la, la!
La, la, la!
(former Captain BS)
i trade both sides of the market in option credit spreads (iron condors) at 3 standard deviations..,90% probability of success and 10% of failure...i beat 90% of the funds..mutual and hedge...but i do not have to trade under their SEC rules...i do not have a series 7 license, just experience...
if you have not read "Creature from Jekyll Island" (formation of Fed Reserve 100 years ago), i highly recommend it...
the Fed has created a $5 trillion bubble with the big banks and has been paying them NOT to loan it out...now they have to reabsorb it...we got to within 48 hours in '08 of the ATMs being shutdown...that would have been game over and civilization collapse...how close are now...???...it is very scary...so i got up at 5 am and ran 5 miles...feeling better...
This up from a year ago where benchmark was 12.5
Why? They need dollars to buy stuff ....like the higher priced cereal grains used to feed livestock. Another casualty of ethanol was food prices in other countries .
No problem with VW's or Fords or Chrysler products. There all made down here and will continue to be made down here for Mexico and the world export market. Only US Consumption Fords are moving back north. Kasich's deal of four years ago (not Trumps) didn't go any further.
also flew Gerald Ford from L.A. to NYC...he came on with his secret service group...came into the cockpit and shot the bull for 30 minutes prior to boarding everyone else...very impressed...there is lot of truth to the adage...you lay down with dogs, you get up with fleas...flew enough "famous" people who you would not want to invite into your home..
In 2009 my ship's crew delivered the ship to Dailen in the Yellow Sea area for it's five year overhaul. The shipping company had failed to obtain Visas for the crew. We stayed sequestered for 30 some days on the ship at the dock while the work proceeded. No one agency would approve issuing visas in China without the approval of another or more than one other. When the company offered to pay any fines for the self confessed misdeed and any costs involved they were threatened with arrest for attempted bribery. One of the company officers attempted, with all our passports, to fly to Singapore and have the visas issued there as out of the country issue was required. He did get arrested for having 30 plus passports.Then released. Singapore Chinese embassy refused he flew to the USA and used a visa service which should have been done to begin with and returned - finally we had three days ashore and then flew back via Korea.
Each part of the process was filled with each part of the Chinese Government national and provincial afraid to create an appearance of wrongdoing. That's how finely tuned the complete fascist control of the new capitalistic financial support system had progressed. Made some extra money though but declined to rejoin for the trip back when the ship was finished.
Mindsets take a while to change....For them to be like the Capitalist countries of Scandinavia, New Zealand and Others who others who are not Socialist but have leanings as they can afford them for some social benefits will be driven by the transistion from bicycles to cars which has infected even the military.
Enjoyable trip and our counterparts who spoke English were quite open about discussing most topics. Like most situations the governments are at odds the people just want to be left alone.
Education is a big deal. To be assigned to our ship maintenance and refit project the managere had atteded a full degree program in structural engineering, a second in marine engineering applications and a third in Business Management.As I recall about eight or nine years at 35 he had been working in his field for five or six years. He was not from the coastal area but from Inner Mongolia. He explained the government still assigns people to where they are needed. We have no idea what schools if any nor where we will work ....
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China is a massive house of cards - ready to tumble.
If you superimposed the same chart for America, you would see how positive that chart is for China.