Credit Suisse Warns On China: "Some Companies Are Having To Borrow To Pay Staff Salaries"
During October, the credit impulse in China rolled over and died.
During October, the credit impulse in China rolled over and died.
One of the recurring topics we have focused on extensively in the past few months has been the dramatic collapse of all shipping-related metrics when it comes to seaborne trade with China, from the recent record plunge in the Baltic Dry index...
... to Shanghai Containerized Freight...
... both of which are taking place even as China exports record amount of commodities to the outside world...
Submitted by Brandon Smith via Alt-Market.com,
In my last article, I outlined the deliberately engineered trend toward the forced “harmonization” of national economies and monetary policies, as well as the ultimate end goal of globalists: a single world currency system controlled by the International Monetary Fund and, by extension, global governance, which internationalists sometimes refer to in their more honest public moments as the “new world order.”
Submitted by Chris Martenson via PeakProsperity.com,
Every year or two we update this report, which lays out the investment thesis for gold. Here is this year's version.
Silver is touched upon only as necessary; as a separate report of equal scope is required for that precious metal.
Washington is using Syria, as it used Ukraine, to demonstrate Russia's impotence to Europe -- and to China, as an impotent Russia is less attractive to China as an ally. Washington and the gullibility of its European vassals have put humanity in a very dangerous situation, as the only choices left to Russia and China are to accept American vassalage or to prepare for war.