[R K]

scepticus, on 11 April 2012 - 11:59 AM, said:

Its looked like a functioning state when I have been there!

Just don't drink the tea!

http://blogs.ft.com/..._medium=twitter

[Killer Bunny]

Red Knight, on 11 April 2012 - 11:50 AM, said:

Which means either we're going to see new highs over the summer or a technical bear market and renewed selling pressure. It's going bi-polar.

$ in major rally. Thus...

[Grrrr I'm a tiger]

http://www.ft.com/cm...l#axzz1rTx9cQmO


Philippines and China in naval stand-off

Quote

Both Beijing and Manila have summoned each other’s ambassadors and lodged diplomatic protests over the incident in Scarborough Shoal, about 120 nautical miles west of the Philippines’ main island of Luzon

[R K]

northshore, on 11 April 2012 - 12:53 PM, said:

Been a while but recall epic sadness. Maybe you should have taken the Gulag Archipelago along as well to complete a happy quartet. Quite different but pearl buck novels also made for an interesting read esp the female perspective.

stratfor.com

All seems to rest on that same same but different economic growth vs societal health dynamic encountered here and everywhere, but with wider starting differentials and a more recent painful intra and international history.

Perhaps the Bo Xilai 'purge' will be but one of many. Is it wise to start purging those at the top of China's military industrial complex? Ramefications?

US election beginning to look a bit of a sideshow by comparison

[scepticus]

Red Knight, on 11 April 2012 - 03:09 PM, said:

US election beginning to look a bit of a sideshow by comparison

Well, no-one has been poisoned in the US race yet...

[R K]

scepticus, on 11 April 2012 - 03:35 PM, said:

Well, no-one has been poisoned in the US race yet...

Here's one for you.......

http://www.bondvigil...uld-be-unhappy/

Why doesn't UK treasury simply cancel the QE gilts held by the BOE...........

[R K]

Roubini and O'Neill in the same interview

O'Neill "Germany should accept higher inflation"


http://www.economoni...rce=twitterfeed

[Grrrr I'm a tiger]

Red Knight, on 11 April 2012 - 03:47 PM, said:

Here's one for you.......

http://www.bondvigil...uld-be-unhappy/

Why doesn't UK treasury simply cancel the QE gilts held by the BOE...........

I thought that a very naive article.

It didn't even mention that it is likely illegal under European rules. Debt monetaisation would be explicit as opposed to implicit.

Any sniff of that risks the potential market for bonds going forward and also the currency itself.

[Grrrr I'm a tiger]

tmm - short term position traders jumping back in with macro....


http://macro-man.blo...%28Macro+Man%29

[R K]

hotairmail, on 11 April 2012 - 04:39 PM, said:

I thought that a very naive article.

It didn't even mention that it is likely illegal under European rules. Debt monetaisation would be explicit as opposed to implicit.

Any sniff of that risks the potential market for bonds going forward and also the currency itself.

Someone pointed via comment that it's verboten under Maastricht apparently, yep.

[R K]

Quote

DJ FX Trader ‏ @djfxtrader Goldman's O'Neill Tells Dow Jones-WSJ: #Dollar Bull Trend Intact; USD To Hit Y105 Before End Of 2013

Would someone pls mention it to the gold bugs?

[okaycuckoo]

Ritholz on Apple core in China:

http://www.ritholtz....os-penetration/

Don't know about the absolute figures, but little graph at the end looks like a bird.

Boosting internal demand = inflating Apple bubble?

[Grrrr I'm a tiger]

http://www.ft.com/cm...t#axzz1rTx9cQmO


Why the Bundesbank is wrong
By Martin Wolf

Quote

Arguably, the crucial step is to agree on the nature of the illness. On this, progress is now being achieved, at least among economists. It is widely accepted that the balance of payments is fundamental to any understanding of the present crisis. Indeed, the balance of payments may matter more in the eurozone than among economies not bound together in a currency union. Hans-Werner Sinn of CESifo, in Munich, has done much to explain, in his words, that "the European Monetary Union is experiencing a serious internal balance of payments crisis that is similar, in important ways, to the crisis of the Bretton Woods System, in the years prior to its demise."

[R K]

El-Erian speech/lecture/paper on central bank interventions, likely diminishing returns/increased risks thereof and what he refers to as 'what may increasingly morph over time into a bi-modal distribution for expected economic outcomes, especially in Europe'

http://www.pimco.com...y-Activism.aspx

Lengthy, wideranging, but probably worth a read.

This post has been edited by Red Knight: 11 April 2012 - 11:20 PM

[R K]

Quote

DJ FX Trader ‏ @djfxtrader China Closes 42 Sites, Deletes 210,000 Online Posts In Internet Rumor Crackdown - Xinhua

http://blogs.ft.com/..._medium=twitter

This post has been edited by Red Knight: 12 April 2012 - 10:20 AM