Jump to content
House Price Crash Forum
hans kammler

Paul Mason Blog. Governments Tackle Unsustainable Global Trends

Recommended Posts

^


Now those who try to measure the real Chinese economy are very worried: official growth is down to 6.9 per cent. Beijing denies that numbers are being inflated, but some estimate that real growth may be as little as 2/3 1/4 of that and that it could go on falling .....

Share this post


Link to post
Share on other sites

Tweeted with a 40 year nominal chart of FTSE. Cant take him seriously after that Im afraid.

Shame coz his reporting during greek crisis was excellent but his reporting on "China" and "Oil" is one-sided Cassandra nonsense.

Share this post


Link to post
Share on other sites

I thought that was a very good piece by Paul Mason. Far better than the myopic nonsense you get on the BBC.

(Indeed, I'm just waiting for the BBC News to come up with: 'XX Trillion wiped off share prices, but thankfully property prices are still going up, because you're money's always safe in houses...')

Share this post


Link to post
Share on other sites

Tweeted with a 40 year nominal chart of FTSE. Cant take him seriously after that Im afraid.

Shame coz his reporting during greek crisis was excellent but his reporting on "China" and "Oil" is one-sided Cassandra nonsense.

Makes not one whit of difference. Anything around 8000 (inflation adjusted) is clearly a top.

A return to the trend exhibited pre-2008 looks extremely unlikely.

https://protonsforbreakfast.wordpress.com/2015/08/31/trends-in-the-ftse-100-updated/

ftse100-1984-to-2015-daily-inflation-adj

Share this post


Link to post
Share on other sites

Tackling....

Unchecked wave of unskilled immigrants, borders, end of German export model.

Impeding Italian bank bail-in, and potential for collapse of their banking system and revolution?

Collapse of the EURO?

Share this post


Link to post
Share on other sites

Tweeted with a 40 year nominal chart of FTSE. Cant take him seriously after that Im afraid.

Shame coz his reporting during greek crisis was excellent but his reporting on "China" and "Oil" is one-sided Cassandra nonsense.

Cassandra was correct, but nobody believed her :)

Share this post


Link to post
Share on other sites

Tweeted with a 40 year nominal chart of FTSE. Cant take him seriously after that Im afraid.

Shame coz his reporting during greek crisis was excellent but his reporting on "China" and "Oil" is one-sided Cassandra nonsense.

Why?

Don't remember seeing other charts rebased to account for inflation when using other metrics eg MA's, RSI, Fibs etc etc..

Share this post


Link to post
Share on other sites

Ultimately all the BRICs – China, India, Brazil etc – are running into the so-called “middle income trap”: the inability of countries on a journey from agriculture to modern industry and services to break through into developed-world status, because they lack the institutions to eradicate corruption, vested interests and other roadblocks to development, like the lack of a welfare state or slave labour conditions in factories.

My bold.

Apart from the welfare bit you might have thought he was referring to the UK as well. The Con of the LibLabCon are working on the welfare part of course.

Edited by billybong

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   88 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.