Article

2018-08-04 China-Japan-Koreas

China’s 500th largest firm is first casualty of trade war with US

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Posted by 3dc 2018-08-04 01:22|| || Front Page|| [11131 views ] Top
File under: Commies

#1 Just watch as the house of cards starts collapsing. China can't take it. They literally require the constant injection of hundreds of billions of our wealth every year, just to stay afloat. They're fucked.

Europe is in the same boat.

Posted by Herb McCoy 2018-08-04 01:37|| 2018-08-04 01:37|| Front Page Top

#2 South China Morning Post:
Vanishing boss of Chinese US$5.1 billion hedge fund casts financial regulations in harsh light

Posted by Anguper Hupomosing9418 2018-08-04 02:29|| 2018-08-04 02:29|| Front Page Top

#3 https://www.bloomberg.com/news/articles/2018-02-08/sizing-up-china-s-debt-bubble-bloomberg-economics

This seems an unsustainable amount of debt. Interest will eat all the economic growth.

Posted by Bright Pebbles 2018-08-04 07:55|| 2018-08-04 07:55|| Front Page Top

#4 Sizing Up China’s Debt Bubble: Bloomberg Economics

Posted by Bright Pebbles 2018-08-04 07:56|| 2018-08-04 07:56|| Front Page Top

#5 Sounds like a superhero is needed. The little guy with the red book.

A recent visitor noticed no cash. They use their phones for every money transaction. The old people still have cash but are changing over to the new ways.

Posted by Dale 2018-08-04 11:09|| 2018-08-04 11:09|| Front Page Top

#6 >suffering from falling demand for pig feed.

That's odd... That says people are not eating pork. Does that mean eating less?

Posted by Bright Pebbles 2018-08-04 16:53|| 2018-08-04 16:53|| Front Page Top

#7 Nah, Bright Pebbels, it just means they're feeding fewer pigs.

Posted by Rob Crawford 2018-08-04 17:49|| 2018-08-04 17:49|| Front Page Top

#8 Vanishing boss of Chinese US$5.1 billion hedge fund casts financial regulations in harsh light

Sounds like the guy had a better Plan B than Madoff. Madoff lost $18b in client assets, but got caught before he could go anywhere, assuming he did have a plan to leave in the event of discovery. https://en.wikipedia.org/wiki/List_of_investors_in_Bernard_L._Madoff_Investment_Securities

Posted by Zhang Fei 2018-08-04 22:12|| 2018-08-04 22:12|| Front Page Top

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