DEBTOR NATION

VIDEOS

Wolf Richter On The Keiser Report
"Debtonomics and the NSA"

Wolf Richter on the Keiser Report
"Where Is The Fear"

Wolf Richter on Max Keiser's "On The Edge" 
"The Pauperization of America"

Wolf Richter on the Keiser Report
"Where the Money Goes to Die"

Clarke and Dawe: European Debt Crisis
Two favorite Australian Comedians

Clarke and Dawe: Quantitative Easing
Big industrial-strength printers, all facing the window

The Fastest Drive Ever Through San Francisco
Don't try to do this yourself
 

humanERROR - by "Frying Dutchman"
Powerful, lyrical appeal to the Japanese. Slams nuke industry, MSM, bureaucrats, and politicians.

Entries in China (89)

Tuesday
Jun032014

Dang, The Wine Bubble Implodes (It’s China’s Fault)

Many in the industry believe that in China, 90% of the high-profile wines, like certain Bordeaux, are fake. Devastating thought if you keep wine in a refrigerated vault as an asset class. And prices have collapsed. But it’s not all doom and gloom, not with California wines.

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Thursday
May222014

China’s Oil Giant At Center Of Corruption Probe

By Ky Krauthamer: Grins were on the faces of CNPC executives as they celebrated a blockbuster 30-year deal for Russian gas. For some, however, those grins might turn to grimaces; CNPC has been caught up in a series of highest profile corruption investigations.

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Wednesday
May212014

China Bans Windows 8 From Government Computers After Leaked Warning By Germany About Backdoor To NSA

The unthinkable just happened to Microsoft in China.

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Wednesday
May142014

Why China Will Implode: It's A Monumental Building Aberration, Not An Economy 

By David Stockman: China isn’t just another booming Emerging Market economy trying to cool down excesses in fixed-asset investment and transition to a consumer-based economy. That notion is an odd-confluence of propaganda from Beijing and hopium from Wall Street.

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Thursday
May082014

US on Self-Imposed Sidelines in South China Sea Standoff

By Nick Cunningham: Vietnam and China are in a red-hot standoff in the South China Sea over China’s oil rig in Vietnam’s 200-mile exclusive economic zone. But inaction in Congress has boxed the US into a corner.

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Sunday
May042014

Beijing’s Efforts To Slow Credit Bubble Will End in Catastrophic Fail

By David Stockman: In 2000, China had $1 trillion of credit market debt outstanding – a figure which has now soared to $25 trillion. No economic system can remain stable and sustainable after undergoing a 25X debt expansion in only 14 years.

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Thursday
Apr242014

Meltdown America: Chinese-Russian Attack on the Dollar

By Casey Research: A startling fact most investors have never heard: During the financial crisis in 2008, Russian leaders met with China to persuade them to dump the dollar – and destroy the world’s reserve currency. It wasn't the last time (brief video).

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Monday
Apr212014

Exodus of Japan Inc. Slams China

China’s moves “discourage” Japanese corporations from doing business there, said the Japanese government on Monday. That’s exactly what has been happening for months. In a most dramatic way, and where it hurts China the most.

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Friday
Apr112014

China’s Fractures Widens: Property Trust Sales Crash By 49%

By David Stockman: China’s credit bubble fed the largest construction boom in history, and property prices rocketed higher so persistently that people believe luxury condos they never intend to live in are the best savings account. Now the credit pyramids under it are faltering.

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Saturday
Mar292014

Dollar Hegemony Under Attack By Export-Superpowers Germany and China

The word dollar didn’t even come up when the Bundesbank signed the agreement with the People’s Bank of China. President Xi Jinping and Chancellor Angela Merkel looked on. It was serious business. Everyone knew what this was about. No one had to say it.

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Friday
Mar282014

China’s Monumental Ponzi: Here’s How It Unravels 

By David Stockman: China, the greatest construction boom and credit bubble in history, has gone mad building, borrowing, speculating, scheming, cheating, and stealing. The source of this outbreak is monetary madness with a red accent.

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Friday
Mar212014

Outlook for Coal Darkens

By Nicholas Cunningham, Oilprice.com: The US coal market is shrinking, the industry’s prospects dim. Coal producers seek salvation overseas but face high transportation costs and cheap coal from other countries. And China is a major reason for the gloom.

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Monday
Feb242014

What A Hard Landing In China Might Look Like (If They’re Lucky) Via A Boeing 767

China’s enormous, strenuously obfuscated credit bubble has led to flagrant misallocation of capital and spectacular malinvestments eternalized in vast ghost cities. That this will end is clear. How it will, is not. But here is a hold-your-breath version (1-min video).

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Friday
Jan102014

China CLOBBERS The US In Auto Sales, Becomes GM’s Nirvana (Unless You Have To Breathe)

The air in China can get so bad that the whole world talks about it. Though the government is taking the issue seriously and is doing a million things to get the fiasco under control, it remains unclear what exactly people will breathe ten years from now.

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Wednesday
Jan012014

So This Isn’t Exactly A Rosy Outlook For 2014, Or Something

Central banks rule! We’ve seen it in 2013. They’ve accomplished the impossible: separating stock markets from the economies they’re based on. But in 2014, the US and China are trying to unwind these crazy policies – without taking down the entire global economy.

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Monday
Dec092013

Chinese Coal Use to Jump 37% by 2020, Despite Huge Costs

By John C.K. Daly of Oilprice.com: As the world moves away from coal due to its high emission of pollutants and greenhouse gases, in China the use of coal, the country’s main energy source, is predicted to soar 37% by 2020.

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Tuesday
Nov262013

Something’s Afoot In China: Young Rich Woman Buying Maseratis

In the US and Europe, 95% of the buyers are male. Average age is 55. What's different in China?

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Monday
Oct282013

Is the Giant Siberian Oilfield to be Developed by Russia and China Radioactive?

By Joao Peixe of Oilprice.com: The deal between Rosneft and China National Petroleum Corp to jointly develop a giant oilfield in Siberia may be tainted. I’m not talking about corruption or illegal activities, but rather the potential that the oil and gas in the field may be contaminated with radioactive materials from nuclear explosions.

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Monday
Oct282013

American Boondoggle Meets Chinese Methods

BYD, the name of a Chinese electric vehicle and solar panel maker, stands for “Build Your Dream.” Maybe that’s what they’re trying to do in China. But here, they’re building a nightmare: broken promises, falsehoods, design flaws... all lushly funded by American taxpayers. And they paid Chinese workers in California $1.50 per hour to do it.

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Sunday
Oct272013

China's Back-Door Natural Gas Supply

By Dave Forest, OilPrice.com: One of the most critical changes in global energy flows we've seen for years happened this week.

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