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Apparently, some Chinese companies are not equal opportunity employers.
Chinese companies are increasingly hiring white foreigners from the Western world to pose as business partners to impress potential clients and investors, multiple media outlets are reporting.
White foreigners provide Chinese businesses with a sense of cachet. In a nation that is becoming more and more multicultural, having a white foreigner pose as a high-ranking company official, partner or investor lends the company a sense of prestige, power and influence.
...There has never been anymore naysayers to start a bull run most likely ever in history. It was just that institutions don't think like normal players and their jaw probably dropped when they could snatch IBM sub $80 and GS for a 3:1 discount. This is how the long term game is played. Then these guys just sold back all the shares to everyone else once the retail crowd settled down. ...
Originally posted by St Udio
reply to post by GreenBicMan
You Said (among other things):
...There has never been anymore naysayers to start a bull run most likely ever in history. It was just that institutions don't think like normal players and their jaw probably dropped when they could snatch IBM sub $80 and GS for a 3:1 discount. This is how the long term game is played. Then these guys just sold back all the shares to everyone else once the retail crowd settled down. ...
along with the falsehood that 'futures' were not in the mix with equities...!~
huh?.... in my eyes the 'futures' include the GLD ETFs, although by inferrence this market is the immediate 24 hr period.
these ETFs are so managed & manipulated it's pathetic...
but let's not focus on that area of futures...
IBM @ below $80. was something i shyed away from many years ago
because i seen a $117. plateau for the stock...which would translate into a long term 'loss', sans another split or other major stock event.
your views & my views are at loggerheads
and will not change with whatever data is 'spun' to one-anothers' favor.
..keep your perspective, I'll keep mine
Afghanistan has only 25 kilometers of train track and crime gangs along the highways extort cash and steal cargo from haulers. Human rights campaigners and U.S. government officials say the bandits are helping fuel an insurgency that prompted President Barack Obama to send 21,000 additional soldiers to the country this year and to consider committing more U.S. troops.
This may seem to be a small event, but it is a geostrategic revolution.
The new tracks are funded by the Asian Development Bank, a major donor to Afghanistan, but built by the Uzbek national railway.
In this Taliban stronghold in the mountains south of Kabul, the U.S. Army is providing the security that will enable China to exploit one of the world's largest unexploited deposits of copper, earn tens of billions of dollars and feed its voracious appetite for raw materials. Read more: www.mcclatchydc.com...
There is no bad example of buying things at a discount and selling at a premium. I don't see how this is the "wrong" view? So, lets say you bought at $80, you could have sold at the recent high of $130. That is only 75% or so gain? So is that wrong? I just dont get it?
Originally posted by St Udio
reply to post by GreenBicMan
imho your masterful at making a topic opaque... obfuscating...misrepresenting items in the broad-scope by intentional redefining just what is being addressed...
hey... continue the propaganda you put into new clothes
i enjoy it... and am less concerned with the others that scarff up your slant
Originally posted by LieBuster
reply to post by GreenBicMan
There is no bad example of buying things at a discount and selling at a premium. I don't see how this is the "wrong" view? So, lets say you bought at $80, you could have sold at the recent high of $130. That is only 75% or so gain? So is that wrong? I just dont get it?
Well yes and if we all did this we would all be billionhairs but the facts are advice costs money, brokers cost money and market makers want a cut and then you have to deal with the market being fixed.
"That is only 75%"
yeah i must be stupid when i settle for a mere 20% gain also
Be honest with yourself and ask yourself if the system is close to a full on meltdown because the national debt and CDS would sugest to me it is and i don't buy the theroy that CDS are a zero sum game and cancel each other out so we have nothing to be concerned with.
IMHO we are back in 1932 just now so don't go getting an haricut.
the reason the £1trillion will vanish is because it doesn't exist. the current regulations allow banks to hide debts with financial slight-of-hand and magic up money out of nothing.
what the banks are saying is "£1trillion's worth of fraud, hidden debts and fake assets will be discovered"
regulate and tax the greedy so-and-so's
It amounts to a complete refinancing. According to the concept, “this will require restrictions on sovereign discretionary powers.” In other words, the government of the affected country would no longer be able to fully dispose of its own treasury.
The sovereign debt crisis would seem to create worry enough for European banks, but there is another gathering threat that has not garnered as much notice: the trillions of dollars in short-term borrowing that institutions around the world must repay or roll over in the next two years.
The commission leaders said that, at present, federal revenue is fully consumed by three programs: Social Security, Medicare and Medicaid. "The rest of the federal government, including fighting two wars, homeland security, education, art, culture, you name it, veterans -- the whole rest of the discretionary budget is being financed by China and other countries," Simpson said.
"We can't grow our way out of this," Bowles said. "We could have decades of double-digit growth and not grow our way out of this enormous debt problem. We can't tax our way out. . . . The reality is we've got to do exactly what you all do every day as governors. We've got to cut spending or increase revenues or do some combination of that."
Fearing a lasting burden on taxpayers, the German government is preparing a set of insolvency rules for countries in the euro zone. It would require private investors to bear some of the financial burden and force the affected countries to give up some sovereignty. The plan is guaranteed to meet with resistance...
...Finance Minister Wolfgang Schäuble, in complete agreement with Merkel, said: "We have to think about how, in an extreme situation, member states could become insolvent in an orderly fashion without threatening the euro zone as a whole..."
...The two politicians have taken on a formidable task. They sense that the future of the euro is anything but certain, despite the recently approved €750 billion ($945 billion) European rescue package...
...The effort is necessary, because important safety measures to protect the common currency are not working....
...If the plans are implemented, banks and investors will not be the only ones bearing the burden when countries in the euro zone encounter financial difficulties. The debt-ridden countries themselves will also have to make substantial sacrifices, and their governments will cede some of their power.
Regarding the inability of the US to fund its ongoing commitments (article in your last post) I wouldn't bet against the govt taking the least responsible course of action: printing yet more money, would you?