Posts Tagged ‘ China ’
Just in time for the 70th anniversary of the Pearl Harbor attacks, the U.S. seems to be goading yet another Asian empire into hostile action....
We note the passage of the anniversary in our typical Whiskey way: pissing off everyone in the room. Depending on your take on the Japanese "sneak ...read more
Targeting Iran Is a Fool’s Game
Nov 22nd, 2011 | By Whiskey Contributor | Category: Featured, Politics
War, war and more war seem to be the primary objective of the U.S. government and its military. Of course, the corporations dependent on these merchants of death for their booty are also salivating for more foreign carnage by this nefarious government. After all, so long as foreigners and the ...read more
Protectionism Could Lead To American Poverty
Oct 17th, 2011 | By Gary Gibson | Category: Featured, Macro Economics
To hear the latest batch of political salesmen tell it, China is a drug pusher in a schoolyard full of American schoolkids. The cheap goods the Chinese export market provides the American consumers may feel good, initially, but they are surely destroying America...causing manufacturers to shut down in the U.S. ...read more
The China Bust: Tic Toc Part II
Oct 11th, 2011 | By Kel Kelly | Category: Featured, International, Macro Economics
Mainstream economists are vague about -- or choose to outright ignore -- the cause of China's rising domestic prices. A recent article in The Seattle Times stated:
"Economists blame China's inflation on the dual pressures of consumer demand that is outstripping food supplies and a bank-lending boom they say Beijing allowed ...read more
The China Bust: Tic Toc Part I
Oct 10th, 2011 | By Kel Kelly | Category: Currencies, Featured, International
China is in the process of allowing its currency to rise. The reason for this is to address the worsening inflation rates in the country. Allowing the yuan to rise will indeed stop, or slow, inflation, but the way this fix works is not the way that is usually assumed. ...read more
An End to Empire
Sep 9th, 2011 | By andrewbacevich | Category: Politics
"The tide of war is receding... It is time to focus on nation building here at home."
-- President Obama, June 22
Ideology makes people stupid. Employing ideology as the basis for policy is a recipe for disaster. Surviving in a complex, uncertain environment requires flexibility, pragmatism and, perhaps above all, self-awareness. ...read more
China: American Financial Colony or Mercantilist Predator?
Aug 26th, 2011 | By Lewis Lehrman | Category: Currencies, Economics, Gold
China is an important trading partner of America. But it may also be a mortal threat. And not for the conventional reasons usually cited in the press. Ironically, it is a threat because China is in fact a financial colony of the United States, a colony subsidized and sustained by ...read more
Riots in France a Symptom of Declining Western Wealth
Nov 15th, 2010 | By Byron King | Category: Economics, Featured, Oil
The French nation was hobbled by strikes, rolling strikes, street violence and other protests. It sprung from the proposal of French Pres. Sarkozy to raise the minimum retirement age to 62, by 2018 — or so the newspapers tell us. Let’s think about it, though.
As a long-time follower of the ...read more
More Reasons Gold Is Going to $2,000
Oct 1st, 2010 | By Byron King | Category: Featured, Gold
The biggest holder of U.S. Treasuries isn’t happy.
And why should they be? They’re sitting on the sidelines holding US treasuries worth $797 billion. That’s quite a chunk of change.
Of course I’m talking about China.
The Chinese have been the biggest foreign creditor to the United States and in recent statements they’ve ...read more
China’s War Uses U.S. Debt Against U.S. Dollar
Sep 15th, 2010 | By Byron King | Category: Economics, Featured, International
Recently, the U.S. Treasury Department released data showing an 11% decline in official Chinese holdings of U.S. government bonds during the past year.
The Chinese government isn’t adding to its U.S. bond position. Nor is it rolling over its previous purchases. Instead, between September 2009–June 2010, Chinese holdings of U.S. bonds ...read more

