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  1. #1
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    Sep 2005
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    Is China solvent, or is China about to crash???

    This report is L O N G... however it appears China is not in good shape at all...
    And if history holds any clues... Chinese leaders are very secretive... there probably are MORE cracks in China's financial health than we can find.

    I hope the World's economy is not dependent on China... if it is... we are ALL in trouble.

    http://www.globalsecuritieswatch.org...ives_China.pdf
    GA-HVAC-Tech

    Galatians 2:20-21; Colossians 1: 21-22 & 26-27; 3:1-4; Romans Ch's 5-6-7-8

    2 Chronicles 7:14

    Quality work at a fair price with excellent customer service.

  2. #2
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    Quote Originally Posted by ga-hvac-tech View Post
    This report is L O N G... however it appears China is not in good shape at all...
    And if history holds any clues... Chinese leaders are very secretive... there probably are MORE cracks in China's financial health than we can find.

    I hope the World's economy is not dependent on China... if it is... we are ALL in trouble.

    http://www.globalsecuritieswatch.org...ives_China.pdf
    The world's economy is dependent on you. Yes we are in trouble.

    China's growth will not endlessly continue at the rates it has been, nothing new here. Lot of the CO2 debate uses China's growth rate to set off the alarm bells. Many have said the growth is not sustainable do to raw material constraints. The stimulus China has been giving its economy is being paid for by the stockpile of US dollars it had and by the use of credit in their society. Exactly what most outside of China have been calling for to bring China in line with the rest of the world. Our economies grew the result of credit, we have had our bubbles and crashes. Why should they be special and not go through the cycles that we do?

    China jumped on the building bandwagon in order to keep its workforce busy. It would love to employ all those workers making things for us to buy but we, well blew our wad of cash and are not in the buying mood we are in. We were suppose to get our economies humming by now but we seem to be a bunch of slackards. China is concerned we may not get our consumption up before they run out of cash.


    The world not dependent on China? Where does half our goods come from? Yeah when they fall we are going to hurt. Good thing all our companies set up shop there. Hope they made a good buck and put some of it aside. When the clampdown starts in China we are going to have to start all those industries here again from scratch.
    Never argue with a fool, onlookers may not be able to tell the difference. —Mark Twain

  3. #3
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    Sep 2005
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    Quote Originally Posted by printer2 View Post
    The world's economy is dependent on you. Yes we are in trouble.

    China's growth will not endlessly continue at the rates it has been, nothing new here. Lot of the CO2 debate uses China's growth rate to set off the alarm bells. Many have said the growth is not sustainable do to raw material constraints. The stimulus China has been giving its economy is being paid for by the stockpile of US dollars it had and by the use of credit in their society. Exactly what most outside of China have been calling for to bring China in line with the rest of the world. Our economies grew the result of credit, we have had our bubbles and crashes. Why should they be special and not go through the cycles that we do?

    China jumped on the building bandwagon in order to keep its workforce busy. It would love to employ all those workers making things for us to buy but we, well blew our wad of cash and are not in the buying mood we are in. We were suppose to get our economies humming by now but we seem to be a bunch of slackards. China is concerned we may not get our consumption up before they run out of cash.


    The world not dependent on China? Where does half our goods come from? Yeah when they fall we are going to hurt. Good thing all our companies set up shop there. Hope they made a good buck and put some of it aside. When the clampdown starts in China we are going to have to start all those industries here again from scratch.
    Not up to speed on progression of that 'clampdown'... however what I see the USA (and probably you guys up north also) are already making more and more things we used to get from over there.

    Japan went through a similar experience in the 1970's and 1980's... they have yet to recover. China will be on it knees in a few years... and probably stay there for a L O N G time. IMO the USA is not about to let China have enough economic prosperity to build a serious military and challenge either our country or the US$.

    Good article though...
    GA-HVAC-Tech

    Galatians 2:20-21; Colossians 1: 21-22 & 26-27; 3:1-4; Romans Ch's 5-6-7-8

    2 Chronicles 7:14

    Quality work at a fair price with excellent customer service.

  4. #4
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    We still get too much of our goods from China and if the supply chain is broken for any reason we will be hurting. As far as a clampdown, the one thing the Chinese government fears the most is that their workers who got the taste of a better life get angry when there is no work. Tiananmen Square will look like child's play compared to what they would do to keep order.
    Never argue with a fool, onlookers may not be able to tell the difference. —Mark Twain

  5. #5
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    Must see documentary, I always thought the land wasn't farm able. With growing up with those 2 am commercials.

    They work 7 days a week. Would love to learn spanish but could shift
    http://whenchinametafrica.com/
    Customer is alWays opposite of Left

  6. #6
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    Mar 2009
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    Remember that all stocks are based on the Fiat currency that we use daily. It is based on nothing but Government word that it is safe. Nixon should have been imprisoned for taking us off the gold standard. I (and many professional money advisers) recommend that you invest 10% or more in PHYSICAL silver or gold. Not paper silver or gold. Diversity in your investments is key. If the market takes a crap you will have some gold or silver in your GUN SAFE to use for barter. You will also have arms and ammo with which to protect your belongings.
    They that can give up essential liberty to obtain a little temporary safety deserve neither safety nor liberty.
    Benjamin Franklin

  7. #7
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    Sep 2002
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    The people who published that,they make their money by scarring you out of yours!
    We are in the middle of earnings season,which I am following.Our companies are reporting
    Good things out of China.

  8. #8
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    Sep 2005
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    Atlanta GA area
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    And you think there is NO way folks could be 'making market' to unload their shares before something happens...

    As if that has never happened on Wall Street... at least not in the last 30 seconds...

    For your sake, I hope you are right... however I would have close floating stops below my stocks.
    GA-HVAC-Tech

    Galatians 2:20-21; Colossians 1: 21-22 & 26-27; 3:1-4; Romans Ch's 5-6-7-8

    2 Chronicles 7:14

    Quality work at a fair price with excellent customer service.

  9. #9
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    Sep 2002
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    My defense is to own stocks that have nothing to do with China,that was the thing to do with Europe,last year.Stocks like Verizon,AT&T,utilities,local banks ect. Stops don't work,as most bad news comes over night,most stocks don't go straight down,with a stop you lock yourself into a low price.The way to do it is watch your stocks.

  10. #10
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    May 2000
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    Rochester, NY, USA
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    you all are assuming Obama doesn't devalue the dollar. Which would magnify China's collapse that much more.

    I would suggest you start buying FOOD!!!!!
    "Arguing with liberals...it's like playing chess with a pigeon; no matter how good I am at chess, the pigeon is just going to knock over the pieces, crap on the board and strut around like it's victorious." -- Anonymous

  11. #11
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    Quote Originally Posted by coolperfect View Post
    My defense is to own stocks that have nothing to do with China,that was the thing to do with Europe,last year.Stocks like Verizon,AT&T,utilities,local banks ect. Stops don't work,as most bad news comes over night,most stocks don't go straight down,with a stop you lock yourself into a low price.The way to do it is watch your stocks.
    Star dividend paying stocks are a good play now... as long as we do not see the DOW and major stocks take a vacation....

    Not much good to get 4-5-6% dividends... when the stock value drops 15-20-25%...

    I am playing upstart industrial metals mines (mostly in Canada).
    GA-HVAC-Tech

    Galatians 2:20-21; Colossians 1: 21-22 & 26-27; 3:1-4; Romans Ch's 5-6-7-8

    2 Chronicles 7:14

    Quality work at a fair price with excellent customer service.

  12. #12
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    Sep 2002
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    Quote Originally Posted by ga-hvac-tech View Post
    Star dividend paying stocks are a good play now... as long as we do not see the DOW and major stocks take a vacation....

    Not much good to get 4-5-6% dividends... when the stock value drops 15-20-25%...

    I am playing upstart industrial metals mines (mostly in Canada).
    if you think China is about a go down the tubes,playing industrial metals is a bad play? I am playing the housing recovery,Home Depot,ADT,Emerson,Eaton,Key Bank.Finanicals,Goldman Sacks,Blackrock.Just bought Facebook and Macy's.These plays are already working!

  13. #13
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    Sep 2005
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    Quote Originally Posted by coolperfect View Post
    if you think China is about a go down the tubes,playing industrial metals is a bad play? I am playing the housing recovery,Home Depot,ADT,Emerson,Eaton,Key Bank.Finanicals,Goldman Sacks,Blackrock.Just bought Facebook and Macy's.These plays are already working!
    Industrial metals are used other places than China... Demand for manufactured products will go on regardless of where they are built. Gotta think OUTSIDE the box... something Wall Street is not good at.

    Of your list... HD; Emerson; Goldman Sachs (always a good choice... they are deep in bed with the govt) are decent choices.
    FB... well I hope you are in the green... I doubt that stock will go back to opening or make a profit for the folks who bought at the top.
    GA-HVAC-Tech

    Galatians 2:20-21; Colossians 1: 21-22 & 26-27; 3:1-4; Romans Ch's 5-6-7-8

    2 Chronicles 7:14

    Quality work at a fair price with excellent customer service.

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