Daily Archives: October 28, 2014

Chanos on China’s unfolding credit crunch

Jim Chanos, of Kynikos Associates, discusses evidence of ‘Ponzi’ finance now coming apart in China as well as unwinding effects in the commodities sector. Here is a direct video link.

Posted in Main Page | Comments Off on Chanos on China’s unfolding credit crunch

Debt weighs on China too

Doubts over China’s unexpectedly strong trade figures are mounting after Hong Kong reported its imports from the mainland. The numbers are far less than what China announced a few weeks back. Here is a direct video link. The Chinese growth … Continue reading

Posted in Main Page | Comments Off on Debt weighs on China too

The truth about the ongoing financial crisis

Excellent article today from All The President’s Bankers’, author, Nomi Prins: “The recent spike in global political-financial volatility that was temporarily soothed by ECB covered bond buying reveals another crack in the six-year-old throw-money-at-the-banks strategies of politicians and central bankers. … Continue reading

Posted in Main Page | Comments Off on The truth about the ongoing financial crisis

The Known Universe

Lest we forget our place in the universe. A little perspective to start the day. Here is a direct video link.

Posted in Main Page | Comments Off on The Known Universe