Wednesday, July 8, 2015

Meanwhile, keep at least one eye peeled on the dragon.

The really worrying financial crisis is happening in China, not Greece: China looks like it is heading for its version of the 1929 stock market crash
While all Western eyes remain firmly focused on Greece, a potentially much more significant financial crisis is developing on the other side of world. In some quarters, it’s already being called China’s 1929 – the year of the most infamous stock market crash in history and the start of the economic catastrophe of the Great Depression.
In any normal summer, a 30pc fall in the Chinese stock market – a loss of value roughly equivalent to the UK’s entire economic output last year – after an ascent which had seen share prices more than double within the space of a year would have been front page news across the globe.
The dramatic series of government interventions to stem the panic – hitherto unsuccessful, it should be added – would similarly have been up there at the top of the news agenda. Yet the pantomime of the Greek debt talks, together with the tragi-comedy of will they, won’t they leave the euro, has relegated the story to little more than a footnote - even though 940 companies, more than a third, have now suspended trading on China’s two main indices. The parallels with 1929 are, on the face of it, uncanny.


FedUp said...

Since it's in the headline I'll comment in grammar NAZI fashion.

Bells peal. Eyes and potatoes are peeled.

Anonymous said...

That would be "peeled."

Anonymous said...

When there is an earthquake the tidal wave also created sometimes takes a while before it comes to distant shores.

Anonymous said...

NYSE is temporarily suspended due to technical difficulties. Yeah, okay Bro.

Anonymous said...

A simple explanation why the left's agenda is so EFFING dangerous!!

The left has an agenda that contains many goals that are supposedly there to help people. Sounds admirable, right.

The particulars of the agenda aren't so important as you'll soon see.

The deadly danger to the left's agenda is the agenda itself.

The agenda always becomes more important than the people. It's larger.

A few weeks ago when there was some mild rioting in NYC, a man came up to a another man inside a car and proceeded to assault the man inside the car.

The victim tried to say "I'm on your side." Still he wanted t report the assault.

Just then a younger man came by on a bicycle and informed the victim that he needed to forget it because, as he said, "The cause is bigger than you!"

This type of thinking is the same kind of thinking that was used in Russia, China and Cambodia. The cause is always bigger than the person, no matter how many get killed.

It could be 3 million, 20 million or even 40+ million, killed because the cause, the agenda, is always bigger than the person.

There is no limit to the number of people that can be killed.

If you're on the left watch and observe what your leaders are willing to do. Keep your eyes open. The agenda is willing to 'get rid of' their opponents, but be careful because they are just as willing to 'get rid of' those who think they are part of the cause.

Don't think it could happen to you? Remember the victim in the car. The agenda can turn against you in an instant. That man's idea of a better society didn't include getting mugged and being sacrificed for the cause. But he got just as mugged.

Always be wary when you hear leftists imploring you to support their agenda - you are not a part of it. The agenda respects no one.

Anonymous said...

Memphis City Council Unanimously Approves Removal of Nathan Bedford Forrest Remains from Municipal Park -

Council Committee Agrees On Relocating Forrest Statue and Remains -

Memphis City Council Votes To Remove Confederate General's Remains -

Yesterday at this time, I would not have been able to definitively answer
these questions.
However, today without hesitation, if asked will I be back in
school working on my medical degree this fall, my answer would
have been "yes."
If asked if I believed I would be in a shooting war inside our Republic,
my answer would be "not likely."
If asked if I believed that most likely, by year's end, would
I die violently in combat against the armed jackboots of
the communist dictatorship ruling America, again, my answer
would be "not likely."
By no means am I naive, but I CANNOT BELIEVE THIS UNHOLY
What the fuck?!
It is not my AO, but war it is then.

Anonymous said...

Let us not forget, his wife is buried beside him.