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Posts Tagged ‘China’

Hu Jintao to Visit the U.S.

Posted in Economy, Foreign Affairs, Politics, tagged , , , , , , on April 1, 2010 | Leave a Comment »

BECKLEY— Upon reading an article in the New York Times I was dumbfounded. The article titled “China Visit May Signal Easing by China on Currency” must have been an April Fools joke.  Simply the article states the following: The number hovers around 6.827. It is the nearly fixed rate of exchange between China’s currency, the [...]

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China Dumps Billions in U.S. Debt: Is This the Start?

Posted in Current Events, Domestic Affairs, Economy, Politics, tagged , , , , , , , , on February 18, 2010 | 1 Comment »

BECKLEY – For those of you in U.S. Treasuries prepare for the pinch.  China has dumped $34 billion in U.S. T-bills on the market!  Why?

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Does China Face Inevitable Economic Collapse!?

Posted in Domestic Affairs, Economy, Politics, tagged , , , , , , on January 18, 2010 | 7 Comments »

ATLANTA— The seemingly unimpeded growth of China continues to draw new admirers the world over.  The consensus view seems to be that China will continue in 7-9% annual growth for the next decade (and almost into perpetuity), given their vast population, natural resources and current under-development.  Here is where I’m a contrarion – I simply don’t [...]

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The Coming of China

Posted in Foreign Affairs, tagged , , , , , , , , , , , , on December 29, 2009 | 12 Comments »

BECKLEY—  China, we hear that term a lot today.  We hear about their currency, the Renminbi, and the yuan’s value to the dollar (Don’t get confused their currency has two names just like England’s Sterling and pound).  We hear they are a communist country and yet have a relaxed nearly capitalist economy?!?!  Most know of their [...]

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Inflation News – China Signals Yuan Appreciation

Posted in Current Events, Economy, tagged , , , , on November 11, 2009 | 12 Comments »

BECKLEY— Something I’ve been concerned about and have expected China to do eventually (although not quite this early) is to de-peg their currency, the yuan, from the dollar.  What do I read upon first opening CNBC.com today?

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Stop Buying!

Posted in Current Events, Domestic Affairs, Economy, Politics, tagged , , , , , , , , , , , , , , , , , , , , , , on November 6, 2009 | 6 Comments »

BECKLEY— If it wasn’t for Mr. Bush’s TARP and Mr. Obama’s ARRA bill things would probably be getting closer to recovery.  However, because we elected Mr. Bush and Mr. Obama we are still heading down the road to ruin.   Unemployment now tops 10%.    While Mr. Obama spends $158 billion to pretend he is creating jobs real American’s [...]

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A Promising Financial Future?!?!

Posted in Current Events, Domestic Affairs, Economy, Politics, tagged , , , , , , , , , , , , , , on October 29, 2009 | 15 Comments »

BECKLEY— Today the economic news was good.  The Gross Domestic Product surged to 3.5%. Of course the stock market rallied back up over 10,000…again.    This is no surprise with government spending (yes, GDP is composed of government spending) in all their various forms this was bound to happen.  Add to this that consumers are starting to spend [...]

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