Below you'll find a list of all posts that have been tagged as “Asia”
Well, that didn’t take long. Earlier today when we reported the stunning news that DB has decided to “turn” against the precious metals manipulation cartel by first settling a long-running silver price fixing lawsuit which in addition to “valuable monetary consideration” said it would expose the other banks’ rigging having also “agreed to provide cooperation to plaintiffs, including the production of instant …
Spending on weapons and other military costs grew by more than one percent in 2015, marking the first year of growth in total military purchasing by governments worldwide since 2011, the Stockholm International Peace Research Institute found in a report published Tuesday. Total military purchases reached $1,676 billion in 2015, or nearly $1.7 trillion, consuming some 2.3 percent of global …
Discussed today on the show:
Soy and its benefits, including in Asia, which has less cases of breast cancer then anywhere else
Zinc and how taking 20 mg a day can help keep type 2 diabetes in check
Are telomeres the key To aging? Living a good life helps as well but telomeres is something to look into.
Higher Vitamin D intake gives men a better change of surviving prostate cancer
Green tea’s ability to help reduce symptoms of periodontal disease may be due to the presence of the antioxidant catechin
Omega 3 fatty acid (DHA) helps reduce tumor growth
Brocili and Sprouts should be eaten to help with Ulcers.
Gary gives both sides to the debate about how the University of California adopted a no tolerance policy when it comes to linking Anti-Zionism to Anti-Semitism.
Three You Tube videos as well. Look inside this link to play them.
More indicators show growing instability in the global economy, as US economy now appears to be slowing rapidly as well. Jack disassembles US 4th quarter 2015 initial GDP numbers, showing durable goods falling at the fastest rate since 1992, as business spending and inventories and exports continue to pose a problem into 2016. Jack predicts yet another ‘economic relapse’—the fifth in as many years—on the horizon for the US for 2016. Elsewhere, global instability continues to rise: Japan announces surprise negative interest rates, pre-empting Europe’s soon announcement of another QE expansion—which will intensify global currency wars further. China capital flight reaches $1 trillion, and Jack predicts inevitable Yuan devaluation coming. Italian banks in big trouble with more than $350 billion in non-performing bank loans (Europe more than $1.5 trillion). Why economists are confused about the correlation of stock price and oil price collapse occurring now. Jack’s view of unreliability of China stats confirmed by sacking of its statistics director this week, Wan Baoan. Japan stats with resignation of Akira Amani as well. Jack reviews billionaire speculator, George Soros’, predictions at interview at Davos last week, confirming China ‘hard landing’ underway and threat of spreading deflation, which Jack predicted in his book, ‘Systemic Fragility in the Global Economy’.
So the slide continues with no end in sight. As expected this morning, the oil price has fallen below $28 a barrel on the back of the historic news over the weekend of sanctions being lifted on Iran. This is the lowest level for oil since 2003. The markets are spooked that the lifting of sanctions means the imminent …
Jack Rasmus continues analysis of China’s unwinding stock bubble and explains how it is connected to China currency devaluation, slowing real economy, and currency speculators in Hong Kong markets. How currency devaluation exacerbates stock decline and vice versa and how real economic slowing in China, now no more than 5% GDP annual growth, interacts with the other forces. China’s revolving bubbles, from property markets to entrusted loans and WMPS, to stock markets is explained. China’s $1trillion capital flight in 2015 and government policy makers spending of $500 billion to prop up stocks and currencies. How China’s massive credit-debt and liquidity buildup since 2009 is behind it all. And behind that the rise of shadow banks and the new global finance capital elite. Jack concludes with exploration of possible contagion effects from China’s continuing bubble unwind—on US corporate profits, stock investor contagion, on emerging market economies, and the parallel bubble deflation in global oil prices that continues. Jack concludes the global economy is moving faster now toward another financial crisis and global recession, which will be precipitated, he predicts, by China and then centered in emerging market economies. US and other advanced economies are far less prepared or able to contain the next crisis. (For deeper analysis, see Jack’s chapter 6 on China in his new book, ‘Systemic Fragility in the Global Economy’, January 2016, available from his blog at jackrasmus.com and on Amazon.)
In 1979, a secret memo from the tobacco industry was revealed to the public. Called the Smoking and Health Proposal, and written a decade earlier by the Brown & Williamson tobacco company, it revealed many of the tactics employed by big tobacco to counter “anti-cigarette forces”. In one of the paper’s most revealing sections, it looks at how to market …
The signs of global economic meltdown, which Gerald Celente and his Trends Research Institute have forecast for 2016, are multiplying, strengthening and deepening in the early days of the new year. Celente reviews the economic indicators that are weakening and converging to set the stage for Global Recession in 2016. One indicator after another, across the world’s major economies, are showing fundamental and deepening weakness. Further, geo-political tensions in the Middle-East, Asia and elsewhere are fueling instability. What can we expect? What can we do to prepare?
In his seminal ‘Fall of Rome: And the End of Civilization,’ Bryan Ward-Perkins writes, “Romans before the fall were as certain as we are today that their world would continue forever… They were wrong. We would be wise not to repeat their complacency.” The Empire of Chaos, today, is not about complacency. It’s about hubris – and fear. Ever since …
Updates on FED’s interest rate hike, Peter Drucker on “like a business,” gun business, and oil economics. Response to question on whether it is China that is slowing the world economy. Major discussion of Greek and Spanish austerity politics and how major oil, banking and auto corporations proved why we can and must do better than capitalism
