tag:blogger.com,1999:blog-6244999628674918029.post8976323466264106941..comments2024-03-28T23:57:50.103-05:00Comments on Bayou Renaissance Man: The economy - see that red light flashing from the East?Peterhttp://www.blogger.com/profile/10595089829300831372noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6244999628674918029.post-52315434654810691642014-03-13T21:54:12.446-05:002014-03-13T21:54:12.446-05:00A friend just pointed this article out to me:
Chi...A friend just pointed this article out to me:<br /><br /><a href="http://www.theguardian.com/world/2014/mar/13/china-li-keqiang-wans-investors-bankruptcies" rel="nofollow">China's Li Keqiang warns investors to prepare for wave of bankruptcies</a><br /><br />China is braced for a wave of industrial bankruptcies as its slowing economy forces companies with sky-high debts to the wall, the country's premier has said.<br /><br />Premier Li Keqiang told lenders to China's private sector factories they should expect debt defaults as the world's second largest economy encounters "serious challenges" in the year ahead.<br /><br />Samrobbhttps://www.blogger.com/profile/14048545798995544976noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-36664125603425063312014-03-13T11:41:09.087-05:002014-03-13T11:41:09.087-05:00What do nations do when they have serious problems...What do nations do when they have serious problems at home? They distract the population with news from abroad, often war. Now, we all know there's nothing that China might possibly want to go to war over, something that could "safely" be argued over and launch a few missiles near, or provocatively pilot a flotilla of naval ships by or any of that, now are there? *cough* Senkaku Islands *cough*Rolfhttp://www.thestarscameback.comnoreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-33513506301078514282014-03-12T07:00:38.014-05:002014-03-12T07:00:38.014-05:00AND the shadow loans are down to almost nothing fr...AND the shadow loans are down to almost nothing from $1.6B in Jan... All the off-book stuff is drying up too!Old NFOhttps://www.blogger.com/profile/16404197287935017147noreply@blogger.comtag:blogger.com,1999:blog-6244999628674918029.post-2183117062259645762014-03-11T21:40:42.885-05:002014-03-11T21:40:42.885-05:00Another critical point to watch is interest rates....Another critical point to watch is interest rates. If they go up 1 or 2%, the bond market will most likely sell off, and that would lead to the same conclusion. <br /><br />There's more than that involved, obviously, but I agree with your analysis. <br /><br /> Grognoreply@blogger.com