https://duckduckgo.com/?q=max+boot&t=brave&ia=web
Political unpaid zebra wandering the parched plains of the political class quandary
unhappy and unpaid from the right wing feathers.
Like we warned the blood is one breath from red and once utilized turns blue.
https://www.zerohedge.com/sites/default ... k=t88x37U4
Typical period https://en.wikipedia.org/wiki/Peekskill_riots
The point we considered is one we should not vote for and the other we held our nose and could.
He missed the memo on the geopolitical and georeligious analysis of the last decades of the 20th century.
Barely a ripple in the swamp water since percentages of change are criminal democrats moving ballets
as the extol epitome of virtue signaling and tribal violence of the sharp edges.
https://www.youtube.com/watch?v=2eIpi0rpVf8 The democrats message.
We persist and press the issue stop taking our dollars for your continued debauchery's.
You are not sorry since you pointed arms at that Rep. Your hypocrisy and useful idiots should be incarcerated until we sweep out
their dry boned into the valley of dry bones on the body farm well deserved.
....do not boast over those branches. If you do, remember this: You do not support the root, but the root supports you. You will say then, “Branches were broken off so that I could be grafted in.”…
We asked you to get your house in order.
https://www.zerohedge.com/news/2018-11- ... oved-while
http://gdxforum.com/forum/viewtopic.php ... 602#p42590
https://www.youtube.com/watch?v=3gmmi2SvMMk
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Search found 15 matches: quandary
Searched query: quandary
- Sat Nov 10, 2018 10:25 pm
- Forum: Finance and Investments
- Topic: Financial topics
- Replies: 29822
- Views: 16831860
- Sun Apr 08, 2018 5:24 pm
- Forum: Finance and Investments
- Topic: Financial topics
- Replies: 29822
- Views: 16831860
Re: Financial topics
https://www.zerohedge.com/sites/default ... 0index.jpg
pf interval
We will leave it to the experts who put us in this quandary with maximum brain power.
Failure is a process, not an event.
pf interval
We will leave it to the experts who put us in this quandary with maximum brain power.
Failure is a process, not an event.
- Sun May 03, 2015 9:50 pm
- Forum: Finance and Investments
- Topic: Financial topics
- Replies: 29822
- Views: 16831860
Re: Financial topics
-------------------------------------Higgenbotham wrote:I've never seen anyone try to run through it logically but something like this comes to mind:gerald wrote: Your limits stated are Earth and current physical body structure. Earth is not the only planet and humanity is messing around with genetics. As for cockroaches and other things, Nature sets limits within a specific context, leave the context and the "limits" change.
1. If there were no limits to growth, another species would have very likely already come into our solar system (from outside our solar system), or at least passed through.
2. If they passed through and determined the human race was salvageable, they would have attempted to impart some knowledge and allowed the human race to expand, since there are no limits.
3. If they passed through and determined the human race was not salvageable, they might leave it alone except to observe it and let it die out.
4. If another species in the universe has not yet reached the level of human development and humans are the first to get to this level, all we know at this point is that the history of populations on earth show that overshoot and collapse is the only trajectory that has ever occurred. We could also infer that the reason we are the first is that overshoot and collapse has occurred in other places in the universe also.
5. An experiment to see what happens.
6. A prison for the undesirables.
7. A school.-- In Hinduism and some other religions, one reincarnates. One could say,-- so as to gain and learn from different experiences and eventually "graduate" into a different realm after passing the various "classes". This may help explain why history appears to repeat.
-------------------------------------
I have come across #1 - #4 before. It a very logical argument. However, we don't know what the unknowns are. Yea, I know it is a weaselly answer. But to feel good, there is probably an answer to the quandary that we just can't fathom at this point.
cheers
- Tue Nov 18, 2014 11:46 am
- Forum: Finance and Investments
- Topic: Financial topics
- Replies: 29822
- Views: 16831860
Re: Financial topics
But there was nothing anyone could do. Not the superpowers. Not the East German military. There was no coup. There was no rioting. The wall just fell.
There was a popular revolution in which the people in the streets imposed their views on the whole world. Mitterrand
Social Psychology and Human Nature, pg.437-438, by Roy Baumeister and Brad Bushman. Cengage Learning, 2011. ISBN 978-0-495-60133-3
http://gdxforum.com/forum/search.php?ke ... sf=msgonly modern portfolio theory thread
In the immortal words of former Prime Minister Viktor Chernomyrdin, describing the country’s economic transition
of the 1990’s: “We hoped for the best, but things turned out as usual.”
There was a popular revolution in which the people in the streets imposed their views on the whole world. Mitterrand
Social Psychology and Human Nature, pg.437-438, by Roy Baumeister and Brad Bushman. Cengage Learning, 2011. ISBN 978-0-495-60133-3
http://gdxforum.com/forum/search.php?ke ... sf=msgonly modern portfolio theory thread
In the immortal words of former Prime Minister Viktor Chernomyrdin, describing the country’s economic transition
of the 1990’s: “We hoped for the best, but things turned out as usual.”
- Sun Oct 12, 2014 5:02 pm
- Forum: Finance and Investments
- Topic: Financial topics
- Replies: 29822
- Views: 16831860
Re: Financial topics
Same effect as Rumsfeilds convoluted and painfull desciption to fabricate a reality for the village and useful.
They do not know, so you cannot know since we really only have one plan. Ours, and you are not or ever been in it.
https://en.wikipedia.org/wiki/Epistemic_modal_logic
M was correct. "the intelligent will witness her quandary, the general public will not understand, and Congress will not care once November passes"
John was correct on the software statement since Plato.
http://www.masfoundations.org/
No accidents to what IS.
They do not know, so you cannot know since we really only have one plan. Ours, and you are not or ever been in it.
https://en.wikipedia.org/wiki/Epistemic_modal_logic
M was correct. "the intelligent will witness her quandary, the general public will not understand, and Congress will not care once November passes"
John was correct on the software statement since Plato.
http://www.masfoundations.org/
No accidents to what IS.
- Tue Aug 05, 2014 10:20 am
- Forum: Finance and Investments
- Topic: Financial topics
- Replies: 29822
- Views: 16831860
Re: Financial topics
http://www.zerohedge.com/news/2014-06-1 ... fees-gates
"the intelligent will witness her quandary, the general public will not understand, and Congress will not care once November passes" m
http://www.youtube.com/watch?v=1DsH3NKGbu4
http://www.zerohedge.com/news/2014-08-0 ... -be-pretty
sideways if lucky
"the intelligent will witness her quandary, the general public will not understand, and Congress will not care once November passes" m
http://www.youtube.com/watch?v=1DsH3NKGbu4
http://www.zerohedge.com/news/2014-08-0 ... -be-pretty
sideways if lucky
- Mon Jun 30, 2014 5:29 pm
- Forum: Finance and Investments
- Topic: Financial topics
- Replies: 29822
- Views: 16831860
Re: Financial topics
Nothing compared to these imbeciles. http://www.zerohedge.com/news/2014-06-3 ... an-imagine
Detroit is another area of the locusts who financially striped our area as 40 percent of the local kids under 20 are 3 meals from disaster some note.
The corruption and theft was rampant for decades as voting was pointless as they decimated our area for the neocons wars.
The State Department geniuses dumped countless tens and tens of thousands and know they bitch about the cost of water and their state of constitutional rights of pensions. Sheep and deafening bleating would be a understatement about now to taxpayers.
Like we noted last year the amount of homeless going to school spiked and they scrubbed the article. Americans are essentially brain dead
as we politely conveyed percentages of change as they embrace hope and change as they strip mine the last standing productive clusters.
One thing only Kerry got correct was stupid is an American right to be just that. As the Dimmcrats extol we can feed more of the divine sparks
dumped as refuse from other governments on our border from there own as these lunatics state late terms can be snuffed out.
The hypocrisy knows no bounds in this age. Land of the Fabian death cult imports since the banker wars mistaken as the civil war.
The wasting process is no mistake.
The global mergers are the last step just as before. The only think left is what can be stabilized before the music indeed will stop.
Given the actual conditions 90 percent will never see it just as others have warned us before.
"the intelligent will witness her quandary, the general public will not understand, and Congress will not care once November passes.
http://www.zerohedge.com/news/2014-07-0 ... -half-2013
I agree with Doug. This might not look like the biggest bubble ever, but it is.
I agree also on some facets. We are ready since capex and opex has concluded for now.
water wheat weather
Detroit is another area of the locusts who financially striped our area as 40 percent of the local kids under 20 are 3 meals from disaster some note.
The corruption and theft was rampant for decades as voting was pointless as they decimated our area for the neocons wars.
The State Department geniuses dumped countless tens and tens of thousands and know they bitch about the cost of water and their state of constitutional rights of pensions. Sheep and deafening bleating would be a understatement about now to taxpayers.
Like we noted last year the amount of homeless going to school spiked and they scrubbed the article. Americans are essentially brain dead
as we politely conveyed percentages of change as they embrace hope and change as they strip mine the last standing productive clusters.
One thing only Kerry got correct was stupid is an American right to be just that. As the Dimmcrats extol we can feed more of the divine sparks
dumped as refuse from other governments on our border from there own as these lunatics state late terms can be snuffed out.
The hypocrisy knows no bounds in this age. Land of the Fabian death cult imports since the banker wars mistaken as the civil war.
The wasting process is no mistake.
The global mergers are the last step just as before. The only think left is what can be stabilized before the music indeed will stop.
Given the actual conditions 90 percent will never see it just as others have warned us before.
"the intelligent will witness her quandary, the general public will not understand, and Congress will not care once November passes.
http://www.zerohedge.com/news/2014-07-0 ... -half-2013
I agree with Doug. This might not look like the biggest bubble ever, but it is.
I agree also on some facets. We are ready since capex and opex has concluded for now.
water wheat weather
- Wed Apr 23, 2014 5:16 pm
- Forum: Finance and Investments
- Topic: Financial topics
- Replies: 29822
- Views: 16831860
Re: Financial topics
http://fofoa.blogspot.com/2010/07/debto ... avers.html
So just to repeat for clarity: Hard money regimes almost always end in bloodshed, when the easy money camp slaughters the hard money camp to avoid hard repayment terms. And easy money regimes almost always end in financial suffering when the easy money collapses. Here are a few more examples of "easy money collapses"...
Angola (1991-1999)
Argentina (1975-1991, 2001)
Austria (1921-1922)
Belarus (1994-2002)
Bolivia (1984-1986)
Brazil (1986-1994)
Bosnia-Herzegovina (1993)
Bulgaria (1991-1997)
Chile (1971-1973)
China (1939-1950)
Free City of Danzig (1923)
Ecuador (2000)
England (1560)
Greece (1944-1953)
Georgia (1995)
Germany (1923-1924, 1945-1948)
Greece (1944-1953)
Hungary (1922-1927, 1944-1946)
Israel (1979-1985)
Japan (1944-1948)
Krajina (1993)
Madagascar (2004)
Mexico (1993)
Mongolian Empire (13th and 14th Century AD)
Nicaragua (1987-1990)
Persian Empire (1294)
Peru (1984-1990)
Poland (1922-1924, 1990-1993)
Romania (2000-2005)
Ancient Rome (~270AD)
Russia (1921-1922, 1992-1994)
Taiwan (late-1940's)
Turkey (1990's)
Ukraine (1993-1995)
United States (1812-1814, 1861-1865)
Vietnam (1981-1988)
Yap (late 1800's)
Yugoslavia (1989-1994)
Zaire (1989-1996)
Zimbabwe (1999 - present)
Stupid paper monkeys, killing more stupid paper monkeys, killing more stupid paper monkeys.
Marx had it almost completely backwards when he said the rich exploit the poor for free income.
We must each understand the difference between choices and inevitabilities. What is coming at us is inevitable. It is unavoidable. How we personally prepare for it is a choice we each must actively make.
They already know what you will vote for. I will not
https://www.youtube.com/watch?v=CSJXle3LP_Q
http://www.khodorkovsky.com/
Now, personally, having seen what happened to another high-profile Russian billionaire who crossed the Kremlin, Mikhail Khodorkovsky, who was recently refused parole from his Siberian labor camp for allegedly hoarding lemons, we're skeptical that owning, say, the New Jersey Nets, will extend the life or freedom of a disloyal oligarch. But we suppose it's worth a try.
http://www.businessinsider.com/henry-bl ... z2zkTh804B
In our country (the former U.S.S.R.) the lie has become not just a moral category, but a pillar of the State. Aleksandr Solzhenitsyn
In the immortal words of former Prime Minister Viktor Chernomyrdin, describing the country’s economic transition
of the 1990’s: “We hoped for the best, but things turned out as usual.”
"the intelligent will witness her quandary, the general public will not understand, and Congress will not care once November passes. m
Clarification starts with both governments adhering to the rule of law. Not going to happen.
Problem-Reaction-Solution
1963 Communist Goals, Because you’re now left with unproductive, state sponsored welfare recipients that don’t produce anything that you can’t steal from them but they keep you in office.
You need the hard working ox middle class to suck the blood from. When the ox makes a run for it, well, you have to find ways to stop that from happening.
These ambitious men were not naive; they were overconfident about their ability to manipulate and were hopelessly outplayed.
http://freebeacon.com/national-security ... y-clinton/
THE IMPOSSIBILITY OF ECONOMIC CALCULATION UNDER SOCIALISM
“It is the two fundamental errors of mathematical economics that must be indicted. The mathematical economists are almost exclusively intent upon the study of what they call economic equilibrium and the static state. Recourse to the imaginary construction of an evenly rotating economy is, as has been pointed out, an indispensable mental tool of economic reasoning. But it is a grave mistake to consider this auxiliary tool as anything else than an imaginary construction”
He no longer deals with human action but with a soulless mechanism mysteriously actuated by forces not open to further analysis. In the imaginary construction of the evenly rotating economy there is, of course, no room for the entrepreneurial function. Thus the mathematical economist eliminates the entrepreneur from his thought. He has no need for this mover and shaker whose never ceasing intervention prevents the imaginary system from reaching the state of perfect equilibrium and static conditions. He hates the entrepreneur as a disturbing element. The prices of the factors of production, as the mathematical economist sees it, are determined by the intersection of two curves, not by human action. The problem of socialist economic calculation is precisely this: that in the absence of market prices for the factors of production, a computation of profit or loss is not feasible. Who should be master, the consumers or the director? With whom should the ultimate decision rest whether a concrete supply of factors of production should be employed for the production of the consumers good or the consumers good be? Such a question does not allow of any evasive answer.
washingscow Same animals. https://www.youtube.com/watch?v=zEClCAFjYHg
We think society are dumbed down but the actual science indicated they never had a chance.
We have much to glean from this bitter harvest and ashes.
The four soils is only the basic step.
So just to repeat for clarity: Hard money regimes almost always end in bloodshed, when the easy money camp slaughters the hard money camp to avoid hard repayment terms. And easy money regimes almost always end in financial suffering when the easy money collapses. Here are a few more examples of "easy money collapses"...
Angola (1991-1999)
Argentina (1975-1991, 2001)
Austria (1921-1922)
Belarus (1994-2002)
Bolivia (1984-1986)
Brazil (1986-1994)
Bosnia-Herzegovina (1993)
Bulgaria (1991-1997)
Chile (1971-1973)
China (1939-1950)
Free City of Danzig (1923)
Ecuador (2000)
England (1560)
Greece (1944-1953)
Georgia (1995)
Germany (1923-1924, 1945-1948)
Greece (1944-1953)
Hungary (1922-1927, 1944-1946)
Israel (1979-1985)
Japan (1944-1948)
Krajina (1993)
Madagascar (2004)
Mexico (1993)
Mongolian Empire (13th and 14th Century AD)
Nicaragua (1987-1990)
Persian Empire (1294)
Peru (1984-1990)
Poland (1922-1924, 1990-1993)
Romania (2000-2005)
Ancient Rome (~270AD)
Russia (1921-1922, 1992-1994)
Taiwan (late-1940's)
Turkey (1990's)
Ukraine (1993-1995)
United States (1812-1814, 1861-1865)
Vietnam (1981-1988)
Yap (late 1800's)
Yugoslavia (1989-1994)
Zaire (1989-1996)
Zimbabwe (1999 - present)
Stupid paper monkeys, killing more stupid paper monkeys, killing more stupid paper monkeys.
Marx had it almost completely backwards when he said the rich exploit the poor for free income.
We must each understand the difference between choices and inevitabilities. What is coming at us is inevitable. It is unavoidable. How we personally prepare for it is a choice we each must actively make.
They already know what you will vote for. I will not
https://www.youtube.com/watch?v=CSJXle3LP_Q
http://www.khodorkovsky.com/
Now, personally, having seen what happened to another high-profile Russian billionaire who crossed the Kremlin, Mikhail Khodorkovsky, who was recently refused parole from his Siberian labor camp for allegedly hoarding lemons, we're skeptical that owning, say, the New Jersey Nets, will extend the life or freedom of a disloyal oligarch. But we suppose it's worth a try.
http://www.businessinsider.com/henry-bl ... z2zkTh804B
In our country (the former U.S.S.R.) the lie has become not just a moral category, but a pillar of the State. Aleksandr Solzhenitsyn
In the immortal words of former Prime Minister Viktor Chernomyrdin, describing the country’s economic transition
of the 1990’s: “We hoped for the best, but things turned out as usual.”
"the intelligent will witness her quandary, the general public will not understand, and Congress will not care once November passes. m
Clarification starts with both governments adhering to the rule of law. Not going to happen.
Problem-Reaction-Solution
1963 Communist Goals, Because you’re now left with unproductive, state sponsored welfare recipients that don’t produce anything that you can’t steal from them but they keep you in office.
You need the hard working ox middle class to suck the blood from. When the ox makes a run for it, well, you have to find ways to stop that from happening.
These ambitious men were not naive; they were overconfident about their ability to manipulate and were hopelessly outplayed.
http://freebeacon.com/national-security ... y-clinton/
THE IMPOSSIBILITY OF ECONOMIC CALCULATION UNDER SOCIALISM
“It is the two fundamental errors of mathematical economics that must be indicted. The mathematical economists are almost exclusively intent upon the study of what they call economic equilibrium and the static state. Recourse to the imaginary construction of an evenly rotating economy is, as has been pointed out, an indispensable mental tool of economic reasoning. But it is a grave mistake to consider this auxiliary tool as anything else than an imaginary construction”
He no longer deals with human action but with a soulless mechanism mysteriously actuated by forces not open to further analysis. In the imaginary construction of the evenly rotating economy there is, of course, no room for the entrepreneurial function. Thus the mathematical economist eliminates the entrepreneur from his thought. He has no need for this mover and shaker whose never ceasing intervention prevents the imaginary system from reaching the state of perfect equilibrium and static conditions. He hates the entrepreneur as a disturbing element. The prices of the factors of production, as the mathematical economist sees it, are determined by the intersection of two curves, not by human action. The problem of socialist economic calculation is precisely this: that in the absence of market prices for the factors of production, a computation of profit or loss is not feasible. Who should be master, the consumers or the director? With whom should the ultimate decision rest whether a concrete supply of factors of production should be employed for the production of the consumers good or the consumers good be? Such a question does not allow of any evasive answer.
washingscow Same animals. https://www.youtube.com/watch?v=zEClCAFjYHg
We think society are dumbed down but the actual science indicated they never had a chance.
We have much to glean from this bitter harvest and ashes.
The four soils is only the basic step.
- Mon Apr 14, 2014 4:35 pm
- Forum: Finance and Investments
- Topic: Financial topics
- Replies: 29822
- Views: 16831860
Re: Financial topics
The solar needs water, and lots of it to function so to be on task in my line of thought it still plays to under the dirt will focus what the logic stands on. The Nevada solar deal has alot ofgerald wrote:Cowboys with guns push BLM in Nevada ---Stop Harry Reid's solar panel Chinese deal?aedens wrote:Never surrender your weapons as a free man since on that day you shall truly diegerald wrote:Unless I am mistaken, I get the impression that most comments on this side ( John included ) are made by people that look at "events" and think that the world is truly a mess and heading for a disaster. You could say that they come across as doom and gloomers ( including my self ). However, they may be like the one eyed man, in the land of the blind.
That thought is not reassuring.
To all the doom and gloomers,--- keep a stiff upper lip and act ahead of events, if possible.
cheers
https://www.youtube.com/watch?feature=p ... D61YFxUga4
The federal government backed down and ended their siege against Nevada cattle rancher Cliven Bundy less than 24 hours after an Infowars exposé connecting the land grab to Harry Reid and a Chinese-backed solar farm went viral, becoming the biggest news story on the Internet.
http://www.infowars.com/feds-back-down- ... land-grab/
And the second amendment is for what again? ----- don't want to be like the Jews in the Warsaw ghetto.
water mellons and green masks finger prints also we see. As Gore blathered carbon was the bubble you can see why he was not allowed in the Office. Some where between the taxpayers and land owners are going to take it in the rear since laws are for taxpayers only. As forwarded the actual people of Israel are pawns in the same dichotomy we are in. The red and blue here are employees more than not. As we know the first thing they do is change the vocabulary for the wide brush to paint as pandering to what ever dialog as the white flag locust who own the branches move at will and stick us with actual costs. In the States to be blunt how many are working with over 50 million on support and countless under employed? What we will see is new tax jurisdictional studies only for equity white flags as energy cluster production units.
https://www.youtube.com/watch?v=10miTUnHmwg
"the intelligent will witness her quandary, the general public will not understand, and Congress will not care once November passes. m
http://www.blackagendareport.com/ <------> http://gdxforum.com/forum/viewtopic.php ... lth#p21402
Taxpayers do not understand much....
“Jesus himself did not try to convert the two thieves on the cross; he waited until one of them turned to him.”
Dietrich Bonhoeffer, Letters and Papers from Prison
- Mon Mar 17, 2014 9:41 am
- Forum: Finance and Investments
- Topic: Financial topics
- Replies: 29822
- Views: 16831860
Re: Financial topics
An interesting read -- if true the future looks "very interesting" as in a curse
Sol Sanders: The [Chinese] emperor has no clothes
http://www.zerohedge.com/contributed/20 ... no-clothes
Chinese razor thin margins have been jeopardized by rising costs, including growing fuel imports and a flattening out of the labor supply due to the regime’s attempts to stem population growth. For these reasons China already has lost many of the lowest end manufactures to other low-wage competitors; infants garments, for example, to Bangla Desh. There is even some movement because of technological improvements of off-shored manufacturing back to the industrial countries. For example, with America’s shale revolution reducing the price of domestic natural gas to a third of delivered prices of LNG in East Asia, petrochemicals and their plastic products are returning.
At the same time, local government’s expansion was based on sales of diminishing farmland for industrial and infrastructure development and credit from regional bankers.
While the system does have the support of the Party apparatchiks, a highly touted new urban middle class does not exist. Best estimates are an upper 1% of households -- 2.1 million out of about 530 million households -- owns 40-50% of the country’s $10.5 trillion worth of real estate and financial assets. That these ultra-rich – many at the Party’s highest echelons – are moving money into foreign real estate and other investments is widely reported. Should they consider moving 30% of their assets abroad, which is a figure rumored in Chinese circles, the much celebrated Chinese monetary reserves of $3 trillion in dollars would be inconsequential in stemming the tide.
This prelude to a cataclysmic readjustment of the Chinese economy is arriving at a time when Western economists and businessmen have had to abandon a long-cherished hope that continued rapid Chinese [and Indian] development would prop up the world economy. But their disillusionment on this aspect is likely to pale into insignificance as the effects of the Chinese slowdown impacts further on commodity producers in Africa, Latin America and Australia.
Beijing leadership’s quandary is that the struggle to refashion the Chinese economy with further liberal economics comes up against the determined effort of the CCP to maintain its power monopoly which forbids just that. For example, the effort to turn the yuan into an international currency requires it become convertible. That would not only jeopardize current export subsidies but would further encourage the flight of capital, largely a function of the corruption in the Party, often at its highest levels.
Sol Sanders: The [Chinese] emperor has no clothes
http://www.zerohedge.com/contributed/20 ... no-clothes
Chinese razor thin margins have been jeopardized by rising costs, including growing fuel imports and a flattening out of the labor supply due to the regime’s attempts to stem population growth. For these reasons China already has lost many of the lowest end manufactures to other low-wage competitors; infants garments, for example, to Bangla Desh. There is even some movement because of technological improvements of off-shored manufacturing back to the industrial countries. For example, with America’s shale revolution reducing the price of domestic natural gas to a third of delivered prices of LNG in East Asia, petrochemicals and their plastic products are returning.
At the same time, local government’s expansion was based on sales of diminishing farmland for industrial and infrastructure development and credit from regional bankers.
While the system does have the support of the Party apparatchiks, a highly touted new urban middle class does not exist. Best estimates are an upper 1% of households -- 2.1 million out of about 530 million households -- owns 40-50% of the country’s $10.5 trillion worth of real estate and financial assets. That these ultra-rich – many at the Party’s highest echelons – are moving money into foreign real estate and other investments is widely reported. Should they consider moving 30% of their assets abroad, which is a figure rumored in Chinese circles, the much celebrated Chinese monetary reserves of $3 trillion in dollars would be inconsequential in stemming the tide.
This prelude to a cataclysmic readjustment of the Chinese economy is arriving at a time when Western economists and businessmen have had to abandon a long-cherished hope that continued rapid Chinese [and Indian] development would prop up the world economy. But their disillusionment on this aspect is likely to pale into insignificance as the effects of the Chinese slowdown impacts further on commodity producers in Africa, Latin America and Australia.
Beijing leadership’s quandary is that the struggle to refashion the Chinese economy with further liberal economics comes up against the determined effort of the CCP to maintain its power monopoly which forbids just that. For example, the effort to turn the yuan into an international currency requires it become convertible. That would not only jeopardize current export subsidies but would further encourage the flight of capital, largely a function of the corruption in the Party, often at its highest levels.