Posts Tagged ‘U.S. politics’

China’s Coming Collapse

The Middle Kingdom’s prosperity is an illusion. And when China finally falls, we’ll all feel the pain.

By Jason Kirby, Canadian Business Online (H/t David Gordon)

As fearmongering election campaign ads go, it’s hard to top the "Chinese Professor," which flickered across the Internet just before Americans went to the polls last fall. In the spot, set in a sleek Beijing lecture hall 20 years in the future, a sharply dressed Chinese instructor explains to his Asian students why previous empires, from Ancient Greece to the U.S.A., turned to dust. The Americans failed because they lost sight of their principles, he says in Mandarin, with subtitles. They overspent, overtaxed and over–borrowed. "Of course, we owned most of their debt," he cackles, as the class joins in. "So now they work for us."

If you missed the ad, put out by the conservative group Citizens Against Government Waste, no matter. The notion that China’s headed for superpower status at the expense of the United States has been repeated so often that many in the West now take it as an undisputable fact. With breathless enthusiasm economists predict China’s red–hot economy will power past America’s to become the world’s largest in just 15 years. Bookstore shelves are filled with titles like China’s Ascent and When China Rules the World: The End of the Western World and the Birth of a New Global Order, in which author Martin Jacques argues America is in denial about the fact China is its "usurper and ultimate replacement." Hollywood’s even getting in on the act with a remake of the 1980s Cold War paranoia flick Red Dawn, in which Soviet soldiers overran a Midwest American town. Only this time, the marauders are Chinese. Having conquered American capitalism, the People’s Liberation Army is coming for America’s Capitol, too.

It’s easy to find evidence that ostensibly confirms China’s unstoppable ascent. Try this: Go to Google News and type in "China," along with any laudatory adjective, then add the suffix "–est." Do so, and you’ll learn that China is building the world’s third–tallest skyscraper ("China usurps U.S. in skyscrapers"); it produces the smartest children ("Chinese students outperform U.S. in recent test") and now boasts of the world’s fastest trains ("China’s fastest train leaves rest of world behind"). This super–country narrative has become so pervasive that the majority of Americans take it for granted. At the end of last


continue reading


Tags: , , , , , ,




 
 
 

Phil's Favorites

They're All Going to Leave

 

They’re All Going to Leave

Courtesy of 

Stocks have been near all-time highs for a while now. The S&P 500 has gone 322 days without experiencing a 5% drawdown, colloquially known as a “pullback.”

Stocks haven’t just been hanging out near all-time highs, they’ve been printing new ones daily. In 2017, 47 out of 201 sessions have closed at an all-time high. It’s been a remarkably smooth ride. Not day-to-day, of course it never is, but in reality the S&P 500 has gained 19% since last July without giving anything back. This...



more from Ilene

Zero Hedge

Chinese Army Documents Leak Set To Embarrass Beijing

Courtesy of ZeroHedge. View original post here.

Authored by Jan van der Made via RFI,

In the vaults of Amazon.com’s self publishing market place, a growing series of books exposing China’s dark secrets is seeing the light. Six books with colorful covers, which constitute the “China Secrets” series, introduce a reader to the fascinating world of China’s internal – or neibu – documents. But many questions remain.

...



more from Tyler

Digital Currencies

Bitcoin Tumbles Most In A Month On CFTC ICO Anxiety, South Korea Tax Concerns

Courtesy of ZeroHedge. View original post here.

After soaring to new record highs near $6000 last week (as China returned to work following its Golden Week holiday), the start of the National Congress last night, combined with CFTC comments on ICO crackdowns has spooked cryptocurrencies with Bitcoin down 8% - its biggest drop in a month..

Crytpos are down across the board...

With Bitcon back to a $5100 handle...

...

more from Bitcoin

ValueWalk

Possible Female Shooter Seen Around University Of Missouri

By Michelle Jones. Originally published at ValueWalk.

The latest

The potential female shooter who was being sought around the university of Missouri campus has been located. No one was injured in the incident. Police located her about 35 minutes after the “active threat” alert was sent out by the university. She was safe, and there is no longer a threat.

Initial report

Police around the University of Missouri are searching for a potential female shooter around the campus. At this point though, there are no reports of anyone being shot. Officials at the University of Missouri say the woman may be suicidal and carrying a handgun, so they are advising students to “take appropriate actions.”

...

more from ValueWalk

Chart School

Guest Post by Paul Koger: 7 Ways Emotion Screws Up Your Trading (& How To Fix It)

Courtesy of Declan.

Going Tilt in trading is a killer which is why I trade a small account and buy-and-hold with the money I need for the future.  This infographic by Paul Koger illustrates how emotion influences your trading and ways of mitigating its pitfalls. 
For more from Paul visit Foxytrades.com

...

more from Chart School

Insider Scoop

Fortinet's Underappreciated Growth Story

Courtesy of Benzinga.

Related FTNT Benzinga's Top Upgrades, Downgrades For October 18, 2017 Watch These 8 Huge Call Purchases In Thursday Trade ...

http://www.insidercow.com/ more from Insider

Mapping The Market

Puts things in perspective

Courtesy of Jean-Luc

Puts things in perspective:

The circles don't look to be to scale much!

...

more from M.T.M.

Biotech

Circadian rhythm Nobel: what they discovered and why it matters

Reminder: Pharmboy and Ilene are available to chat with Members, comments are found below each post.

 

Circadian rhythm Nobel: what they discovered and why it matters

Courtesy of Sally Ferguson, CQUniversity Australia

Today, the “beautiful mechanism” of the body clock, and the group of cells in our brain where it all happens, have shot to prominence. The 2017 Nobel Prize in Physiology or Medicine has been awarded to Jeffrey C. Hall, Michael Rosbash and Michael W. Young for their work on describing the molecular cogs and wheels inside our biological clock.

In the 18th century an astronomer by the name of Jean Jacques d'Ortuous de Ma...



more from Biotech

Members' Corner

Day of Last Dances

News today has been relentlessly terrible. A horrific mass murder happened last night in Las Vegas. (Our politician's abject failure to address gun control is beyond sickening.) And today, reports that Tom Petty died of a heart attack, followed by reports that Tom Petty is not dead, and now reports confirming that Tom Petty has passed away. 

...

more from Our Members

OpTrader

Swing trading portfolio - week of September 11th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



more from OpTrader

Promotions

NewsWare: Watch Today's Webinar!

 

We have a great guest at today's webinar!

Bill Olsen from NewsWare will be giving us a fun and lively demonstration of the advantages that real-time news provides. NewsWare is a market intelligence tool for news. In today's data driven markets, it is truly beneficial to have a tool that delivers access to the professional sources where you can obtain the facts in real time.

Join our webinar, free, it's open to all. 

Just click here at 1 pm est and join in!

[For more information on NewsWare, click here. For a list of prices: NewsWar...



more from Promotions

Kimble Charting Solutions

Brazil; Waterfall in prices starting? Impact U.S.?

Courtesy of Chris Kimble.

Below looks at the Brazil ETF (EWZ) over the last decade. The rally over the past year has it facing a critical level, from a Power of the Pattern perspective.

CLICK ON CHART TO ENLARGE

EWZ is facing dual resistance at (1), while in a 9-year down trend of lower highs and lower lows. The counter trend rally over the past 17-months has it testing key falling resistance. Did the counter trend reflation rally just end at dual resistance???

If EWZ b...



more from Kimble C.S.

All About Trends

Mid-Day Update

Reminder: Harlan is available to chat with Members, comments are found below each post.

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

more from David



FeedTheBull - Top Stock market and Finance Sites



About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

Learn more About Phil >>


As Seen On:




About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

Market Shadows >>