asterisk2a + china   632

US-China trade war: Shoe giants urge Trump to end tariffs - BBC News
Nike and Adidas call for end to US-China trade war


Some 173 companies, including the footwear giants Nike and Adidas, have written to US President Donald Trump to urge him to reverse his decision to raise tariffs to 25% on Chinese goods worth $200bn (£157.3bn). They call the move "unfathomable", arguing it will hit working-class consumers hard. Mr Trump has told firms they should make more of their goods in the US. So who loses out as a result of the trade war?

https://www.bbc.co.uk/news/business-48256535 - Who loses out in the US-China trade war?
DonaldTrump  Donald  Trump  tradewar  trade  war  China  USA 
8 weeks ago by asterisk2a
Huawei's microchip vulnerability explained - BBC News
Unpredictable future
This is just one motherboard, in one device.

Last year, Huawei released a list of its core suppliers and it included 33 US companies. As well as Google having to pull back on supplying its version of Android, major US technology suppliers including Xilinx, Qualcomm, Broadcom and Intel have all warned they will need to stop selling their technology to Huawei in order to comply with the ban.

NeoPhotonics, a San Jose-based firm which makes networking equipment, has a contract with Huawei that represents 44% of its entire revenue.
USA  China  DonaldTrump  Donald  Trump  tradewar  Huawei  supply  chain 
8 weeks ago by asterisk2a
(4) Nordkorea: Die Kim-Dynastie | Doku | ARTE - YouTube
"today there is no military option against North Korea"
1990's there was one.
"niemand wird Nord Korea durch sanktionen abwenden koennen."
China involviert da sanktionen untergraben werden
China hat interesse an Nord Korea stretegish. gg USA
so unterstuetzt China Nord Korea
und USA unterstuetzt Sued Korea
Nordkorea  North  Korea  Nuklearmacht  regimechange  history  China  gwbush  DonaldTrump  Donald  Trump  USA  sovereignty  nuclear  war  weapons  sanctions 
february 2019 by asterisk2a
(1) Guest DESTROYS Bloomberg Panel On The American Dream Lie - YouTube
https://www.youtube.com/watch?v=n-2TEwdRnX0&t=416s - The New Feudalism
Beyond Corporate Social Responsibility
- Edelman Trust Barometer - 76% want change - lead by CEO, not wait for government.
Bullshit about the Aggregate.
The Aggregate bullshit you've been telling doesn't matter for fly over American country.
Davos should be cancelled this year because of Brexit, Trump (gov shutdown), Gelbwesten, AfD, Salvini, refugee crisis (Mittelmeer Wall)
Davos is a family reunion for who broke the world.
Outcomes inevitable by policy (Austerity, tax evasion etc)
&! https://www.youtube.com/watch?v=66hFqKq4fVc&feature=em-uploademail - Stop Talking about Philanthropy
taxes taxes taxes all the rest is bullshit
&! Davos elites reject higher taxes, offer upskilling as answer to inequality - https://www.reddit.com/r/Economics/comments/akbdyu/davos_elites_reject_higher_taxes_offer_upskilling/ https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12196963
American  Dream  Book  Anand  Giridharadas  Corporate  Social  Responsibility  inequality  mobility  philanthropy  CEO  bullshit  injustice  1%  democracy  No  Representation  Policy  Hoarders  10%  poverty  trap  downward  income  inheritance  taxation  tax  evasion  avoidance  China  India  Davos  Gesellschaft  Brexit  DonaldTrump  Donald  Trump  Gelbwesten  AfD  Salvini  refugee  crisis  Austerity  marginal  rate  AOC  history  neoliberal  neoliberalism  CSR  skills  upskilling  training  automation 
january 2019 by asterisk2a
(2185) Der unsichtbare Feind - YouTube
60.000 newborns die from multi-resistance bacteria in India alone
"Wir haben uns entschieden die dreckingen dinge zu exportieren."
Das kommt wieder zurueck.
antibiotic  antibiotics  post-antibiotic  India  China  public  health  multi-resistance  bacteria  Superbug  evolution  big  pharma  pharmaceutical  profit  maximisation  self-regulation  Regulation  regulators  globalisation 
january 2019 by asterisk2a
Mattis’ Message to the World: Trump Is Out of Control
That was more than a letter of resignation provided today by Defense Secretary James Mattis. It was a bright red line in American history. [...] Two key points were cited by Mattis as intractable differences that existed between him and the president. First, he stated his strong belief in the alliances on which U.S. foreign policy has depended for three-quarters of a century and which have been serially attacked and eroded by Trump. Next he offered an explicit critique of the actions of Russia and China which he characterized as profoundly threatening on many levels.

“Because you have the right to have a Secretary of Defense whose views are better aligned on these and other subjects, I believe it is right for me to step down from my positions,” Mattis wrote.
DonaldTrump  Donald  Trump  Mattis  China  Russia  Syria  ISIS 
december 2018 by asterisk2a
(752) CSI Genome: From Neanderthals to superhumans? | SRF Sternstunde Philosophie - YouTube
https://www.wired.co.uk/article/future-crispr-babies-gene-editing - Science is racing to stop another CRISPR baby from being born As the world grapples with the first gene-edited babies, questions are being raised about where we go next. &! https://futurism.com/the-byte/gene-editing-mutated-animals-crispr - MUTATED ANIMALS SHOW WHY GENE EDITING ISN’T READY FOR HUMAN TRIALS
CRISPR  genome  China  philosophy  medicine  epigenetics  genetics  ethics  moral  morality  evolution  god  HIV  AIDS  complexity  complex  gene  edit  deletion  interaction  Science  safety 
december 2018 by asterisk2a
The end of Atlanticism: has Trump killed the ideology that won the cold war? | News | The Guardian
"special relationship" - The foreign policy establishment has been lamenting its death for half a century. But Atlanticism has long been a convenient myth // Atlanticism has never had a very stable meaning. For one thing, the US and Europe have not always considered each other natural political partners. For most of American history, there hasn’t even been a unified “Europe” to partner with. [...] Advertisement

In 1973, Henry Kissinger, himself a transatlantic refugee, launched a “Year of Europe” tour to try to save the relationship in the name of containment, preventing the further growth of the Soviet Union. Speaking as Nixon’s national security adviser, he asked whether the Atlantic community could thrive as the memory of the second world war began to fade. As the “rigid divisions of the past two decades diminish, new assertions of national identity and national rivalry emerge”. He argued that Americans should continue to support European unity. “If we permit the Atlantic partnership to atrophy … we shall miss our historic opportunity for even greater achievement.”
Donald  Trump  DonaldTrump  Brexit  Atlanticism  foreign  policy  affairs  diplomacy  USA  UK  Germany  Europe  China  Russia  history  coldwar  special  relationship  myth  nationalism  Kissinger  politics  foreignaffairs  Interventionism  Iraq  Afghanistan  nuclear  deterrent  G-Zero 
september 2018 by asterisk2a
China's long game to dominate nuclear power relies on the UK | Environment | The Guardian
While Germany and other western countries have turned their backs on nuclear, the UK is strongly committed to new nuclear to meet its carbon goals and this means, despite security concerns, the government needs Chinese involvement. [...] But the company is open about the bigger prize – the UK as a springboard for exporting Chinese nuclear technology to other countries.
UK  Brexit  China  energy  policy  national  security  espionage  cyberwar  nuclear  FDI  freetradedeal  tradedeal 
july 2018 by asterisk2a
Ana Kasparian SHREDS Trump's Weak Economy + Trade War Tariffs + Farmers Bailout
US going to run 4-5% budget deficit + debt accumulation + 1% tax cuts AND hourly earnings have not risen June 2017-June 2018! https://twitter.com/MkBlyth/status/1018079719319891968 - From June 2017 to June 2018, real average hourly earnings decreased 0.2 percent, seasonally adjusted.
Combining the change in real average hourly earnings with a 0.3-percent increase in the average workweek resulted in no change to real average weekly earnings over this period. https://www.bls.gov/news.release/realer.nr0.htm
//&! https://www.youtube.com/watch?v=0gomGA1BRkQ & https://www.youtube.com/watch?v=50y463lECNY - $12bn Farmer's bailout (only for this year) to save face in mid-term elections & telling voters 'don't trust what you read and hear.' << https://twitter.com/ianbremmer/status/1021871179181838336 - "The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command." - George Orwell, "1984" - Donald Trump in front of Vets of Foreign Wars: "Just remember, what you are seeing and what you are reading is not what's happening"
DonaldTrump  Donald  Trump  1%  income  growth  working  poor  poverty  trap  stagnation  secular  stagflation  Fed  social  mobility  economic  history  downward  taxcut  mid-term  wage  GDP  recovery  GFC  inequality  election  elections  Farmers  bailout  tradewar  trade-war  tariffs  WTO  Brexit  China  retaliation  EU  UK  freetradedeal 
july 2018 by asterisk2a
Recycled packaging 'may end up in landfill', warns watchdog - BBC News
The National Audit Office (NAO) says over half of the packaging reported as recycled is actually being sent abroad to be processed.

As a result, it says, the government has little idea of whether the recyclables are getting turned into new products, buried in landfill or burned.

While an illusion of success has been created by the UK’s system for recycling packaging, the NAO says, the reality may be quite different.
plastic  waste  recycling  accountability  oversight  self-regulation  Regulation  regulators  China  sustainability  sustainable  pollution  Klimakatastrophe  climatecatastrophe 
july 2018 by asterisk2a
(9120) Why fascism is so tempting -- and how your data could power it | Yuval Noah Harari - YouTube
Data & Tech now asset. Dictatorships more efficient in 21st century. Algorithms know you better than you yourself. human feelings - manipulated! elections turn into emotional puppet show "spectacle of society" / "they hack our feelings" // vanity - Status Anxiety Alain de botton / facism exploits our vanity
DonaldTrump  Donald  Trump  fascism  Brexit  far-right  right-wing  alt-right  history  China  Surveillance-Industrial  surveillance  complex  AI  machine  learning  Google  GCHQ  NSA  BND  Russia  democracy  Data  Facebook  Twitter 
june 2018 by asterisk2a
India's farmed chickens dosed with world's strongest antibiotics, study finds | Environment | The Guardian
India's farmed chickens dosed with world's strongest antibiotics, study finds
Warning over wider global health impacts after findings reveal thousands of tonnes of colostin - the ‘antibiotic of last resort’ - are being shipped to India’s farms
India  China  USA  Colistin  post-antibiotics  antibiotic  antibiotics  MCR-1  food–industrial  complex  lobby  profit  maximisation  Asia  abuse 
february 2018 by asterisk2a
Donald Trump's success reveals a frightening weakness in American democracy - YouTube
liquid times by Zygmunt, globalization - accelerated times, inequality, 1%, poverty trap, weak institutions being fleeced (latest and biggest - GFC, one rule for the one TBTF and other for the many, many have to suffer what they must (varoufakis)), same w broken promise of globalisation benefits everyone, same w failed military interventions ... STRUCTURAL REASONS - DEMOCRACY ELECTED REPRESENTATION does no more exist! its lobbied $$$ vested interest pork barrels corruption abuse get rich quick schemes. Longing for past greatness eg case Brexit. //&! https://www.youtube.com/watch?v=5YU9djt_CQM - Authoritarianism: The political science that explains Trump &! https://de.wikipedia.org/wiki/F-Skala_(Autorit%C3%A4re_Pers%C3%B6nlichkeit) &! Democratic Backsliding (salami tactic) - https://www.youtube.com/watch?v=pF-Tdsvk0tI - The decline of American democracy won't be televised
DonaldTrump  Donald  Trump  Brexit  UKIP  Authoritarianism  GOP  LGBT  Transgender  gay  marriage  immigration  Culture  Identity  politics  inequality  unknown  foreign  different  AfD  uncertainty  No  Representation  book  globalisation  Super  Rich  1%  tax  evasion  avoidance  globalization  Institutions  revolving  door  lobby  vested  interest  Plutocracy  Oligarchy  Technocracy  Monopoly  poverty  trap  working  poor  post-racial  America  UK  Germany  American  Dream  democracy  history  neoliberal  neoliberalism  economic  Austerity  GFC  trust  trustagent  Sociology  Psychology  Philosophy  gini  Coefficient  corruption  White-collar  crime  war  on  drugs  Military–industrial  Privatisation  profit  maximisation  food–industrial  big  Pharma  TBTF  bailout  recovery  China  Russia 
january 2018 by asterisk2a
(5397) China: Importstopp für ausländischen Müll | Weltbilder | NDR - YouTube
https://youtu.be/IP7hTLYk2JI // &! UK Rudert gerade sehr hefitg. Britain ships around two thirds of its used plastics there for recycling - about 500,000 tons - each year. &&!"Der Muell sucht sich immer das billigste Loch." - https://www.youtube.com/watch?v=NywhX9UDQGU &! http://resource.co/article/how-uk-recycling-industry-has-been-preparing-china-waste-ban-12341 - UK rudert heftig. Keinen Plan. UK exportierte bisher 2/3 ihres Plastikmuells nach China. Experten sage (tl;dr) 'Muessen besser sauberer sortieren um attraktiver zu werden.' Kein Witz. &! https://www.theguardian.com/commentisfree/2018/jan/14/observer-view-tory-environment-and-obesity-plans
China  pollution  plastic  ecological  environmental  Crisis  environment  UK  recycling  waste  household  Council  public  health  Austerity  awareness 
january 2018 by asterisk2a
Banker Leonhard Fischer über selbstzerstörerischen Finanzkapitalismus - SPIEGEL ONLINE
Fischer: Die Globalisierung der Finanzmärkte besteht im Wesentlichen darin, dass die Amerikaner sich in ihrer eigenen Währung verschulden können und den Dollar so in die ganze Welt exportiert haben, um ihr riesiges Leistungsbilanzdefizit zu finanzieren. Ich habe als junger Banker bei J.P. Morgan selbst erlebt, wie die Investmentbanker in Scharen erst nach London flogen, dann nach Tokio und schließlich nach China, um Dollaranleihen für Schuldner aus den USA zu platzieren. Gleichzeitig investierten wir das Geld amerikanischer Fonds weltweit in Unternehmen und Immobilien. Ganz Amerika hat sich wie ein gigantischer Hedgefonds verhalten. So entstand die globale Finanzmarktmaschinerie, die in Wahrheit vor allem eine amerikanische ist.
Bitcoin  Dollar  fiat  currency  GFC  petro  WallStreet  Chomsky  neoliberal  neoliberalism  globalisation  globalization  China  IMF  USA  Empire  Capitalism  exploitation  economic  history  Blyth  Austerity  Chicago  liberalism  trust  oil  OPEC  petrodollar  Fed  bailout  self-regulation  money 
december 2017 by asterisk2a
(1487) Blaming Russia Goes Deeper Than Hillary Clinton & the Democrats - YouTube
keeping in a permanent state of alarmingness/ "permanent war footing" / readiness preparedness: China South Sea (China) w Japan as Allie. // vs Russia. // Middle East. // Kovalik's new book is "The Plot to Scapegoat Russia: How the CIA and the Deep State Have Conspired to Vilify Russia." --- MANUFACTURING CONSENT - PERCEPTION MANAGEMENT HYPERNORMALISATION
USA  War  Military–industrial  complex  Russia  China  Japan  Middle  East  ISIS  Saudi  Arabia  Yemen  Iraq  Afghanistan  Putin  Syria  Ukraine  Libya  DonaldTrump  Donald  Trump  BarackObama  book  conflict  humanity  Chomsky  Manufacturing  Consent  Hypernormalisation  NATO  Crimea  Perception  Management  foreignaffairs  foreign  affairs  North  Korea  policy  cyberwar  Cold  2.0  ColdWar  history  west  UN  cyberattack  Nuclear  Arms 
june 2017 by asterisk2a
The Biggest Real Estate Bubble Of All Time Just Did The Impossible | Zero Hedge
There are two things at work here. The natural resource distortion to the real economy. And the Super Rich and Criminals and Asia/China who are desperate to divest and park their riches in democracies and rule of law and hard "assets"
Canada  bubble  property  Super  Rich  1%  money  laundering  Asia  China  Russia  Brazil  corruption  G20  speculation  speculative  London  CAD  immigration  Student  Plutocracy  Oligarchy  tax  evasion  avoidance  QE  ZIRP  NIRP  unintended  consequences  Fed  BOE  ECB  organised  crime  war  on  drugs  natural  resources 
june 2017 by asterisk2a
How economics killed the antibiotic dream - BBC News
it is estimated that more will die of antibiotic resistance infection in 2050 than by Cancer. Costing 1tn in economic damage.
antibiotic  antibiotics  profit  maximisation  neoliberalism  crony  capitalism  sustainability  environment  Environmental  public  health  policy  food–industrial  multinational  Campylobacter  E.Coli  Salmonella  ESBL  MRSA  superbug  super  bug  MCR-1  China  Germany  UK  USA  Meat  Industry  NHS  Cancer 
march 2017 by asterisk2a
Smog In Western U.S. Starts Out As Pollution In Asia, Study Says : The Two-Way : NPR
The U.S. is producing less air pollution, but smog levels are still rising in the western U.S. because of pollutants released in Asian countries that then drift over the Pacific Ocean. Researchers say their findings show the importance of a global approach to preserving air quality.

"Scientists found Asian air pollution contributed as much as 65 percent of an increase in Western ozone in recent years," NPR's Rob Schmitz reports from Shanghai. "China and India, where many consumer products are manufactured, are the worst offenders."
air  pollution  USA  China  India  climate  change  climatechange  globalwarming  global  warming  carbon  carbonemission  carbonfootprint  COP21 
march 2017 by asterisk2a
Steve Bannon: 'We're going to war in the South China Sea ... no doubt' | US news | The Guardian
The United States and China will fight a war within the next 10 years over islands in the South China Sea, and “there’s no doubt about that”. At the same time, the US will be in another “major” war in the Middle East.

Those are the views – nine months ago at least – of one of the most powerful men in Donald Trump’s administration, Steve Bannon, the former head of far-right news website Breitbart who is now chief strategist at the White House.
Middle  East  Syria  Iraq  Afghanistan  Iran  South  China  Sea  Japan  USA  DonaldTrump  Donald  Trump  Military–industrial  complex  Steve  Bannon  foreignaffairs  foreign  policy  trade  deal  Protectionism  Nationalism  Patriotism  far-right  right-wing  affairs  United  Nations  Russia 
february 2017 by asterisk2a
The Dark Side of Globalization: Why Seattle's 1999 Protesters Were Right - The Atlantic
mix between technology and globalisation, WTO etc // https://twitter.com/ianbremmer/status/822930363827757056 - The Dark Side of Globalization

The clearest example is competition from foreign workers, which really has slammed the American working class. Economists David Autor, David Dorn, and Gordon Hanson did very careful empirical work and found that competition from China lowered wages and increased unemployment for American workers who were in competition with Chinese imports. Economists Michael Elsby, Bart Hobijn, and Aysegul Sahin found that competition from developing countries—not the decline of unions or the rise of automation—has been responsible for the bulk of the recent decline in labor’s share of income in the United States.
globalisation  globalization  WTO  technological  unemployment  Productivity  China  manual  labour  automation  structural  underemployed  economic  history  AI 
january 2017 by asterisk2a
Trump pledges US coal revival; world's energy authority begs to differ
"With no global upturn in demand in sight for coal, the search for market equilibrium depends on cuts to supply capacity, mainly in China and the United States," the IEA said.

That sets up a difficult backdrop for Trump's first term. The Republican has promised to turn the tide for U.S. coal miners by rolling back regulations and ending President Barack Obama's moratorium on new coal mining on federal land.

The IEA sees global market forces standing in the way of a U.S. coal recovery.
DonaldTrump  Donald  Trump  coal  China  USA 
november 2016 by asterisk2a
Björn Conrad über chinesische Investitionen in Europa - SPIEGEL ONLINE
In Berlin herrscht Alarm, seit chinesische Investoren vermehrt deutsche Hightech-Firmen aufkaufen. Was bedeutet das für die deutsche Wirtschaft? "Das verkraften unsere Marktsysteme nicht ohne Schaden", sagt China-Experte Björn Conrad.
China  Germany  Mittelstand  SME  SMB  Industry  Robotics  Automation  Exportweltmeister 
november 2016 by asterisk2a
The "War on Terror" in Yemen and Beyond: Legal and Ethical Implications - YouTube
USA is at war in Yemen. Is a humanitarian catastrophe. Yet another civil war in Middle East. As in Syria/Irak. And Afghanistan. Under radar screen of international community. United Nations. [bc Saudis own middle east hegemony aspirations! ... oil dollars!/petro dollars are their insurance!] [ France UK USA sell arms to SA ] Drone strikes (civilian casualties and mistaken targets) create anti-american sentiment. Saudi Arabia opposed Iran agreement deeply! Is this all "obscure." Or is it all absurd (as is life, see psychology on existentialism). Creating oh, dear (oh dearism (see Adam Curtis, throwing hands over head giving up to understand followed by covering ones eyes, ears, mouth). Bc it is easier in a selfish world where collectivism and activism has been buried under trillons of selfies and handbags for one season. [...] Another Proxy War, as in Syria (ie Iran backed Houthis, little bit overstated! but there).
Yemen  Saudi  Arabia  Military–industrial  complex  Pentagon  Syria  ISIS  Al-Qaeda  Houthi  UK  Human  Rights  humanity  Hegemony  Russia  Israel  Iran  Turkey  China  Germany  Drone  Warfare  CIA  War  on  Terror  Arms  Trade 
november 2016 by asterisk2a
China warns of 'crucial juncture' over Hinkley delay - BBC News
Writing in the Financial Times, Liu Xiaoming said the delay to approving the plant had brought the two countries to a "crucial historical juncture".
He hinted that "mutual trust" could be in jeopardy if the UK Government decided not to approve the deal.
FDI  foreign  direct  investment  Hinkley  Point  C  UK  China  Russia  Huawei  Theresa  May  national  security  USA  Cisco  Surveillance-Industrial  Complex  cyber  war 
august 2016 by asterisk2a
Hinkley Point: Theresa May's China calculus - BBC News
The UK already has a Chinese company, Huawei, running key parts of its telecommunications network.Arguably nuclear energy is likewise a business relationship subject to similar national security safeguards. But led by the United States, several other western countries have barred Huawei's involvement in key telecommunications networks on national security grounds. And no other major developed economy has invited Chinese involvement in a key nuclear energy project. //&! http://bbc.in/2anNbdh
Hinkley  Point  C  China  Brexit  National  Security  FDI  Foreign  Direct  Investment  EDF  France  UK  Relations 
august 2016 by asterisk2a
Keiser Report: Gold & World’s Debt Problems (Summer Solutions series E940) - YouTube
deflationary trap/liquidity trap - orthodox monetary policy w austerity = stagnation. & west is exporting deflation. // if it is good for consumers ... break up banks. // hedging is BS ... you double the system you double the risk. [...] banks are now bigger! ... ban most derivatives, and reintroduce glass stegall // Black-Schoeles - there is no such think as risk free rate and no such thing as the past reflect the future. risk is not equally distributed. [...] VAR is flawed. //
deflation  deflationary  NIRP  currency  war  currency  debasement  ZIRP  QE  Helicopter  Money  secular  stagnation  western  world  Abenomics  BOE  BOJ  Fed  ECB  economic  history  Richard  Koo  liquidity  trap  debt  overhang  balance  sheet  recession  consumer  debt  household  debt  mortgage  mortgage  market  mortgage  rates  distortion  hunt  for  yield  credit  boom  credit  bubble  PBOC  China  reflate  reflation  squeezed  middle  class  wage  growth  income  growth  income  distribution  income  disparity  working  poor  Precariat  Brexit  GFC  too  big  to  jail  productive  investment  underinvestment  austerity  history  productivity  gap  financial  instruments  investment  banking  global  economy  globalisation  globalization  derivatives  output  gap  productivity  recovery  neoliberal  neoliberalism  Chicago  School  neoclassical  economics  deregulation  Wall  Street  speculative  bubble  property  bubble  Beton  Gold  Betongold  stagnation  aggregate  demand  aggregate  demand  short-fall  too  big  to  bail  too  big  to  fail  TBTF  complexity  systemic  risk  systemrelevant  systemicrisk  systemrelevanz  zombie  bank  zombie  banks  non-performing  loan  leverage  hedge  Glass-Steagall  Black-Scholes  Equation 
july 2016 by asterisk2a
Canada Overwhelmed By 100,000 Chinese Millionaire Immigrants - YouTube
Flaunting your wealth. No connection w your culture and heritage. [...] also land taxes based on property value make it not affordable for some ... [...] Chinese love their property, half of their wealth/portfolio ... // http://www.theglobeandmail.com/report-on-business/top-business-stories/canadian-house-prices-from-overvaluation-to-downright-zany/article30535075/ &! http://www.cbc.ca/news/business/canada-banks-mortgage-1.3643793 - Canadian banks could survive a 25% house price decline, Moody's says. Banking system would be fine even if Toronto and Vancouver see a crash, ratings agency says.
Beton  Gold  Betongold  Canada  USA  China  property  bubble  real  estate  bubble  UK  globalisation  globalization  immigration  economic  history  asset  allocation  affordability  affordable  housing  social  housing  Generation  Rent  rent-seeking  rentier  ZIRP  NIRP  QE  BOC  secular  stagnation  migration  valuation  asset  bubble  asset  liquidity  distortion  distorted  Germany  1%  Super  Rich  Gini  coefficient  inequality  Latin  America  BRIC  emerging  middle  class  India  Asia 
june 2016 by asterisk2a
UK GDP growth – beware the march of the spenders | Business | The Guardian
the breakdown was deeply troubling. What it showed was an economy unhealthily reliant on consumer spending. Real household spending was up 0.7% on the quarter and added 0.5 percentage points to the growth rate. In other words, the other components of growth – investment, trade and government spending – contributed -0.1 points to growth during the first three months of the year. [...] drop in business investment, which was down both over the quarter and over the year. //&! bit.ly/1RjxDnh - Making things matters. This is what Britain forgot. Ha-Joon Chang. The neglect of manufacturing and over-development of the financial sector is the cause of the economy’s decline, not fear of leaving the EU
UK  2016  recovery  Manufacturing  George  Osborne  industrial  policy  David  Cameron  austerity  Brexit  secular  stagnation  USA  world  economy  underinvestment  Smart  Grid  competitiveness  competitive  advantage  competitive  China  Steel  Crisis  Steel  Industry  BRIC  European  Union  Fiscal  Pact  Schuldenbremse  ZIRP  NIRP  distortion  policy  monetary  policy  Mark  Carney  short-termism  short-term  thinking  short-term  view  Career  Politicians  general  election  2015  general  election  2020  Conservative  Party  neoliberalism  neoliberal  tax  evasion  tax  avoidance  Panama  Papers  HMRC  income  tax  receipts  employment  self-employment  Precariat  minimum  wage  wage  growth  productivity  output  gap  savings  rate  housing  bubble  property  bubble  business  confidence 
may 2016 by asterisk2a
BAE Systems workers issue job cuts warning
[ we are all in this together ] They say the problem comes from slower release of Ministry of Defence (MoD) funding for Type 26 warships.
That means work on them will start later than planned, and will be carried out more slowly, probably requiring fewer workers.
Hundreds of jobs have been lost on the Clyde in the past 18 months as BAE reduced shipbuilding capacity.
UK  austerity  NATO  Defense  Contractor  Defense  Spending  Cold  War  Cold  War  2.0  Russia  Middle  East  China  Hegemony  George  Osborne  David  Cameron  general  election  2020  Foreign  Aid  triple-lock  pension  GCHQ  War  on  Terror  Tories  Conservative  Party 
april 2016 by asterisk2a
Chris Grayling dimisses concerns over economic impact of a Brexit
Yvette Cooper: Brexit won't prevent EU free movement to the UK - LIKE NORWAY CASE! - youtu.be/qa--kXGNhiE //&! IMF downgrade UK over Brexit fears - youtu.be/gfmVP3_TXNk - calling for fiscal stimulus!
Brexit  Chris  Grayling  Yvette  Cooper  liquidity  trap  secular  stagnation  fiscal  stimulus  IMF  OECD  austerity  2016  global  economy  China  credit  bubble  monetary  stimulus  aggregate  demand  aggregate  demand  short-fall  ZIRP  NIRP  QE  British  Pound  Sterling  Pact  Schuldenbremse  demographic  bubble  ageing  population  economic  history  recovery  sovereign  debt  crisis  PIGS  ChristineLagarde  George  Osborne  monetary  policy  Mark  Carney  BOE  ECB  MarioDraghi 
april 2016 by asterisk2a
IMF urges more spending to boost growth
Fund’s steering committee calls for more forceful stimulus and warns monetary policy alone is not enough //&! http://www.theguardian.com/business/imf //&! bit.ly/1V9pfhD - IMF chief: regulators long 'alarmed' over Panama's handling of taxation. Christine Lagarde responds to Panama Papers revelations, noting that authorities were concerned but did not take ‘expected’ action.
secular  stagnation  Panama  Papers  tax  evasion  tax  amnesty  tax  avoidance  corporate  tax  rate  labour  market  job  market  Service  Sector  Jobs  income  tax  receipts  budget2016  George  Osborne  David  Cameron  general  election  2015  general  election  2020  election  campaign  promises  Party  Funding  Richard  Koo  Confidence  Fairy  austerity  underinvestment  Generationengerechtigkeit  triple-lock  pension  fairness  Generation  Rent  Housing  Crisis  property  bubble  USA  UK  reflation  reflate  fiscal  policy  Pact  Schuldenbremse  Angela  Merkel  Wolfgang  Schäuble  GFC  sovereign  debt  banking  bank  bailout  job  creation  squeezed  middle  class  working  poor  disposable  income  discretionary  spending  IMF  OECD  credit  bubble  China  BRIC  recovery  Germany  economic  history  2016  Niall  Ferguson  budget  deficit  offshore  banking  investment  banking  TBTF  self-regulation  Greed  crony  capitalism  shareholder  capitalism  globalisation  globalization  global  economy  Oil  price  commodity  prices  ChristineLagarde  inequality  Gini  coefficient  income  mobility  social  mobility  low  pay  low  income  tax  credit  child  poverty  food  poverty  health  care  cost  health  care  demand  western  world  European  Union  Brussels  Brexit  Grexit  sick  population  health  economic  Union  Union  investment  policy  fiscal  me 
april 2016 by asterisk2a
Saudi Arabia Threatens To Liquidate Its Treasury Holdings If Congress Probes Its Role In Sept 11 Attacks
[...] But the threat is another sign of the escalating tensions between Saudi Arabia and the United States. [...] "Obama has been lobbying so intently against the bill that some lawmakers and families of Sept. 11 victims are infuriated. In their view, the Obama administration has consistently sided with the kingdom and has thwarted their efforts to learn what they believe to be the truth about the role some Saudi officials played in the terrorist plot." //&! http://www.zerohedge.com/news/2016-04-15/one-man-asks-why-was-tritium-found-911-ground-zero
9/11  Saudi  Arabia  gwbush  georgewbush  bush  China  Japan  USA  reserve  currency  USD  Dollar  petrodollar  Middle  East  Taliban  al-Qaeda  al-Qaida  osamabinladen  OPEC  sovereign  wealth  fund  geopolitics  diplomacy  barackobama  foreign  affairs  Intelligence  foreign  relations  War  on  Terror  Pakistan  India  Hegemony  arms  trade  UK 
april 2016 by asterisk2a
What Happens Next (In Europe)?
the odds of another crisis are higher than a rally to fresh records. [...]
“The 2009-2015 rally originated from two main drivers: a massive stimulus, and credit expansion in China,” said Goette, who’s a partner at his firm in Zug, Switzerland and helps oversee 1 billion Swiss francs ($1 billion).

“European earnings have not followed suit so far. Skepticism regarding central-bank operations has started to emerge.”
ECB  Brussels  recovery  reflate  reflation  China  credit  bubble  Germany  PIGS  zombie  banks  European  Bank  Supervision  European  Economic  Area  European  Election  2014  working  poor  squeezed  middle  class  Soziale  Marktwirtschaft  MarioDraghi  OMT  LTRO  monetary  policy  monetary  stimulus  Fiscal  Pact  Schuldenbremse  sovereign  debt  crisis  France  Brexit  Grexit  Angela  Merkel  Wolfgang  Schäuble  history  underinvestment  Richard  Koo  Yanis  Varoufakis  liquidity  trap  zombie  corporations  youth  unemployment  demographic  bubble  OAP  discretionary  spending  disposable  income  liberal  reform  Precariat  precarious  employment  low  pay  low  income  Minijob  Zeitarbeit  Leiharbeit  1  Euro  Job  Structural  Impediments  imbalance  unemployment  monetary  transmission  mechanism  monetary  union  union  Rechtsruck  Bundesbank  fault  lines  shareholder  capitalism  bailout  GFC  2016  PBOC  Exportweltmeister  zombie  Financial  Stability  Board  crony  capitalism  Deutsche  Bank  infrastructure  investment  competitiveness  Beton  Gold  Betongold  asset  allocation  Super  Rich  1%  oligarchy  plutocracy  democracy  tax  evasion  tax  avoidance  Wall  Street  shareholder  value  profit  maximisation  profit  maximization  Russia  Crimea  Ukraine  U 
april 2016 by asterisk2a
Gerald Celente On Soros & The Panama Papers & Why A Hillary Clinton Presidency Means War
Why do they not publish all the name that use the services and avoid taxes legally through tax loopholes?!?! All the sudden it is PRIVATE DATA! national accounts of a county economically damaged by tax evasion and avoidance is all the sudden PRIVATE DATA. A PRIVATE MATTER. Who's names did they publish? Russia, China, ... Iceland and a non-incriminating account of David Cameron. It stinks! Doesn't pass the sniff test. //&! Full Show: Soros And CIA Behind Panama Papers - 04/05/16 - The Alex Jones Channel - youtu.be/qNKAt3DxZXo [...] min 1:09:00 - John McAfee "smear enemies [...] we know who you are, we can black mail you" west keeps it's powder dry! //&! zerohedge.com/news/2016-03-28/top-german-journalist-admits-mainstream-media-completely-fake-we-all-lie-cia >> police infiltrated Greenpeace and other activist groups because they are deemed terrorists, duh. What stops them to go even further, nowadays?
Panama  Papers  Iceland  western  world  Putin  vladimirputin  journalism  journalismus  journalist  democracy  Lügenpresse  trust  No  Representation  Whistleblower  Wikileaks  Platfom  transparancy  transparency  accountability  propaganda  Positioning  conglomerate  multinational  offshore  banking  GFC  budget  deficit  austerity  squeezed  middle  class  working  poor  Precariat  refugee  crisis  media  conglomerate  Polarisation  populism  smoke  screen  smoke  mirror  deceit  neoliberal  neoliberalism  neoconservatism  neoconservatives  Super  Rich  1%  plutocracy  oligarchy  Hegemony  CIA  NSA  China  Russia  fake  grassroots  activism  activist  grassroots  Wikipedia  Food  Politics  PR  shareholder  capitalism  Greed  crony  capitalism  capitalism  Career  Politicians  corruption  bribery  ethics  moral  beliefs  status  quo  governance  mainstream  media 
april 2016 by asterisk2a
Future of Steel - Ken Clarke & Paul Mason - BBC Newsnight
[TORIES CRISIS: bedroom tax, JSA sanctions killing people, Food Banks, redefining child poverty and fuel poverty, Independent Living Fund closed, Housing Crisis, tax cut defeat in Lords, mental health, NHS strikes, Hinkley Point C, energy prices, London Airport expansion/3rd runway, ESA cut, PIP cut and resignation of IDS, Brexit splitting the Party, shit world economy, can't touch triple-lock pensions, Academy plans, Panama Papers (British Territory: Bahamas, Cayman & Co).] Now - Tories are victims to their own policy of underinvestment since 2010 of a future-proof economy "long-term predictability" [BREXIT & austerity not predictable]. Energy prices too high, not competitive. Manufacturing never recovered. Monetary policy has run its course (sedative + Chinas credit bubble). policy folly now wholly exposed! AND now they tinker with the idea of picking winners! LOL! nationalising or part-nationalising through guarantees or subsidies on energy price. & youtu.be/QJw24Z-cEoQ
underinvestment  austerity  Smart  Grid  energy  policy  energy  price  competitive  advantage  competitive  George  Osborne  David  Cameron  budget2010  budget2015  Budget2016  Manufacturing  current  account  deficit  budget  deficit  trade  deficit  TPP  AIIB  World  Bank  China  BRIC  commodity  prices  heavy  industry  microeconomic  policy  macroeconomic  policy  macroprudential  policy  Mark  Carney  education  policy  skills  gap  skill  gap  skill  investment  apprenticeship  further  education  immigration  migration  Tories  Conservative  Party  nasty  NIRP  ZIRP  QE  recovery  output  gap  productivity  productivity  gap  Service  Sector  Jobs  job  creation  labour  market  job  market  DWP  Iain  Duncan  Smith  general  election  2015  election  campaign  promises  Manifesto  corporate  restructuring  corporate  welfare  subsidies  subsidizing  corporate  subsidies  Privatisation  Nationalization  Nationalisation  constituency  Party  Funding  general  election  2020  IMF  OECD  policy  folly  policy  error  global  economy  credit  bubble  Germany  Hinkley  Point  C  renewable  energy  energy  storage  job  creation  fiscal  policy  monetary  policy  Mark  Carney  QE  ZIRP  NIRP  property  bubble  rent-seeking  rentier  liquidity-trap  liquidity  trap  Housing  Crisis  Help  to  Save  Help  to  Buy  Scheme  Right  to  Buy  Buy-to-Let 
april 2016 by asterisk2a
Yanis Varoufakis Candid Interview - Shocking Disfunction and The Power Of Oligarchs
Europe will not survive next crisis. [...] end of interview - China looked after the rest of the world and especially Germany after 2009 (credit bubble) as USA looked after Germany in the 50's - Wirtschaftswunder. Now China is trying its best not to implode and fall below 5% of growth per annum. And now USA is trying to contest Asia (excluding China) economically and militarily through TPP and military increase in that region. //&! Yanis Varoufakis - Guardian Live - youtu.be/md6_WfF9Ky0
Grexit  Troika  IMF  oligarchy  plutocracy  Greece  corruption  bribery  Yanis  Varoufakis  Tsipras  referendum  Wolfgang  Schäuble  Angela  Merkel  Brussels  European  Union  Gold  Standard  economic  history  liberal  economic  reform  antitrust  cartel  tax  evasion  tax  avoidance  Schwarzgeld  Schwarze  Kassen  Schwarzkasse  ChristineLagarde  Panama  Papers  revolving  door  lobby  No  Representation  Career  Politicians  trust  far-right  right-wing  sovereign  debt  crisis  ECB  MarioDraghi  banking  crisis  bank  bailout  GFC  democracy  neoliberal  neoliberalism  shareholder  capitalism  crony  capitalism  Chicago  School  China  credit  bubble  BRIC  USA  Hegemony  TTIP  TPP  geopolitics 
april 2016 by asterisk2a
The end of the Chinese miracle | FT Features
Tyler Cowen: The Rise and Fall of the Chinese Economy - youtu.be/fZwEDa9TrfE - estimates of 300% debt to GDP. //&! (LSE) Clear and Present Challenges to the Chinese Economy - youtu.be/vllNvBarqMY //&! “The future of China’s economy" by Bert Hofman - youtu.be/EH06AThJ5ow //&! And Now for the Hard Part: China's Economic Adjustment After Three Miracle Decades - Michael Pettis - youtu.be/zU7GdX57NOw - 32:30 - debt grew to unsustainable levels. post-2015/16 either stagnation (<7%) or debt crisis. only fast-track liberal reforms can save itself. //&! Chinese Debt Bubble About to Burst - youtu.be/mRtNQWfQfVQ //&! The China Exit Interview - youtu.be/EXo5uRSbaZ4 //&! Jim Chanos - China Debt is Worse than Europe Debt - youtu.be/qSTDL9mA7XA //&! China's Role in the Global Economy: myths and realities - youtu.be/Pmfy56FgI3s
China  economic  history  migration  secular  stagnation  western  world  book 
april 2016 by asterisk2a
Questions raised over £10bn Chinese deal
The investment and infrastructure company said the deal paved the way for "significant investment" in areas such as clean energy, transport and affordable housing in Scotland.
Ppposition politicians questioned why MSPs were not told about the agreement before the Scottish Parliament was dissolved ahead of the election on 5 May, and called for full details to be published.
'Open for business'
Speaking publicly about the agreement for the first time on Sunday, Ms Sturgeon said: "What we have done is sign a memorandum of understanding that commits us to explore possible investment.
UK  David  Cameron  FDI  foreign  direct  investment  George  Osborne  austerity  ZIRP  NIRP  QE  Scotland  Fiscal  Framework  Scotland  Bill  Westminster  Nicola  Sturgeon  Holyrood  China  underinvestment  public  asset  HS2  Richard  Koo  recovery  economic  history  foreign  affairs  Hegemony  geopolitics 
april 2016 by asterisk2a
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