Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

cash123

Educated Opinion

Recommended Posts

there is a "small" financial crisis going on in a small town in China right now,

it is not reported in the main stream media,

this "small" problem can have the potential of the straw that breaks the camel's back.

we'll see... stay tuned.

Share this post


Link to post
Share on other sites
there is a "small" financial crisis going on in a small town in China right now,

it is not reported in the main stream media,

this "small" problem can have the potential of the straw that breaks the camel's back.

we'll see... stay tuned.

The suspense is killing me Tams, can you let me know so i can ask my contacts to ask their contacts to ask their people?

 

XS

Share this post


Link to post
Share on other sites

Even if the eurozone is able to get through this phase of their fiscal crisis, it may be "out of the frying pan and into the fire" for the world economy. There are problems with a growing asset bubble in China. The increased money supply that comes with money being moved into a hot economy has fueled a lot of poor quality investments and speculation (the money had to go somewhere).

 

Attached is an interesting article about lending practices that have cropped up due to the recent credit tightening imposed by the government. I can't claim to understand the full impact of what it all means, but it doesn't sound good.

 

Private Lending Frenzy Triggers Financial Crisis in China's Entrepreneurial Hub | China News | Epoch Times

Share this post


Link to post
Share on other sites

what shall we call it?

financial crisis ?

excessive debt and imbalances ?

banking emergency ?

currency catastrophe ?

deeper double dip recession ?

post crack up boom * ?

worldwide depression ?

 

How ‘bout

total systemic collapse?

 

Are you ready?

 

References: ie light reading ;)

 

TraderView - Alternative Investment Specialists || Managed Futures :: Forex :: Advisor Rankings

* ’07 Fingers of Instability series good starting place …

(btw, it appears Ty was not ready... but ??? )

Share this post


Link to post
Share on other sites
I read something like this a few of days ago.

 

Cloud over city as elite flee debt - The Standard

 

And this is just one town out of the thousands there.

 

 

From that article, and what little exposure I've had to things that go on in China, I get the impression that there is a subculture of a "Gold Rush", "Lawless", "Wild West" mentality of many people in China trying to get rich through manufacturing cheap goods, and all sorts of business ventures. The article speaks of people who borrowed large at huge interest rates, and then of people committing suicide and leaving town quickly. The implication is, that the normal failure rates that apply to any new venture are starting to "kick in", and business ventures are collapsing in China.

 

Interestingly, it probably never crossed my mind that business failures would affect China. With all the hype about China's GDP, and growth and success, I just blindly thought of China as an incredible success story without giving it a second thought.

Share this post


Link to post
Share on other sites

Lack of freedom of expression, censorship coupled with being a proud nation, I try to be optimistic and believe the success but ... well who really really knows what goes on in the background.

 

not really an educated opinion but I think its healthy to look at a different angle

Share this post


Link to post
Share on other sites

Lets not forget that China is a huge country. This is demographics in motion on steriods.

 

One small thing here can snowball quickly.

 

China's existing and developing middle class will be the consumer that will bring the world out of recession. We should be working with this country, not against them.

 

XS

Share this post


Link to post
Share on other sites
Lack of freedom of expression, censorship coupled with being a proud nation, I try to be optimistic and believe the success but ... well who really really knows what goes on in the background.

 

not really an educated opinion but I think its healthy to look at a different angle

 

There is plenty of freedom of expression here mate, yeah some censorship and that's a pain sometimes...but how else do you suggest to keep 1,300,000,000+ people in line?

 

XS

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Why not to simply connect you account to myfxbook which will collect all this data automatically for you? The process you described looks tedious and a bit obsolete but may work for you though.
    • The big breakthrough with AI right now is “natural language computing.”   Meaning, you can speak in natural language to a computer and it can go through huge data sets, make sense out of them, and speak back to you in natural language.   That alone is a huge breakthrough.   The next leg? AI agents. Where they don’t just speak back to you.   They take action. Here’s the definition I like best: an AI agent is an autonomous system that uses tools, memory, and context to accomplish goals that require multiple steps.   Everything from simple tasks (analyzing web traffic) to more complex goals (building executive briefings or optimizing websites).   They can:   > Reason across multiple steps.   >Use tools like a real assistant (Excel spreadsheets, budgeting apps, search engines, etc.)   > Remember things.   And AI agents are not islands. They talk to other agents.   They can collaborate. Specialized agents that excel at narrow tasks can communicate and amplify one another’s strengths—whether it’s reasoning, data processing, or real-time monitoring.   What it Looks Like You wake up one morning, drink your coffee, and tell your AI agent, “I need to save $500 a month.”   It gets to work.   First, it finds all your recurring subscriptions. Turns out you’re paying $8.99 for a streaming service you forgot you had.   It cancels it. Then it calls your internet provider, negotiates a lower bill, and saves you another $40. Finally, it finds you car insurance that’s $200 cheaper per year.   What used to take you hours—digging through statements, talking to customer service reps on hold for an hour, comparing plans—is done while you’re scrolling Twitter.   Another example: one agent tracks your home maintenance needs and gets information from a local weather-monitoring agent. Result: "Rain forecast next week - should we schedule gutter cleaning now?"   Another: an AI agent will plan your vacations (“Book me a week in Italy for under $2,000”), find the cheapest flights, and sort out hotels with a view.   It’ll remind you to pay bills, schedule doctor’s appointments, and track expenses so you’re not wondering where your paycheck went every month.   The old world gave you tools—Excel spreadsheets, search engines, budgeting apps. The new world gives you agents who do the work for you.   Don’t Get Too Scared (or Excited) Yet William Gibson famously said: "The future is already here – it's just not evenly distributed."   AI agents will distribute it. For decades, the tools that billionaires and corporations used to get ahead—personal assistants, financial advisors, lawyers—were out of reach for regular people.   AI agents could change that.   BUT, remember…   We’re in inning one.   AI agents have a ways to go.   They’re imperfect. They mess up. They need more defenses to get ready for prime time.   To be sure, AI is powerful, but it’s not a miracle worker. It’s great at helping humans solve problems, but it’s not going to replace all jobs overnight.   Instead of fearing AI, think of it as a tool to A.] save you time on boring stuff and B.] amplify what you’re already good at. Right now is the BEST time to start experimenting. It’s also the best time to find investments that will “make AI work for you”. Author: Chris Campbell (AltucherConfidential)   Profits from free accurate cryptos signals: https://www.predictmag.com/     
    • What a wild year.   AI seems to be appearing everywhere you look, Paris hosted a weird Olympics, unrest continues in the Middle East, the US endured a crazy-heated election, and the largest rocket ever to fly successfully landed in a giant pair of robot arms.   Okay, but what about the $money stuff?   Well, this year we've seen a load of uncertainty - inflation is still biting and many businesses have gone down.   Property has been very fractured, with developments becoming prohibitively expensive, while other markets have boomed.   It hasn't been an easy ride, that's for sure.   However, the stock market has had some outstanding results, and for those who know how to trade, some have done VERY well for themselves.   Some have replaced their incomes. Some have set themselves up for the rest of their days on this planet.   How about you? How did you go? Author: Louise Bedford    Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • U Unity Software stock watch, attempting to move higher off the 22.4 triple+ support area at https://stockconsultant.com/?U  
    • TSSI TSS stock, watch for an ascending triangle breakout above 11.49, target 15 area at https://stockconsultant.com/?TSSI
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.