Understanding China, One Blog at a Time

An American in China

Archive for October 29th, 2011

Salvador Dali in China

Posted by w_thames_the_d on October 29, 2011

My humble but horribly overpriced abode has some visitors, one of whom is a self-styled salvadore dali. as far as I can tell, his contributions to mankind, aside from spitting in the trash on my living room floor and belching, is occupying my large kitchen table with some monstrous calligraphy drawing thing.

This man with no mission, who doubles as a teacher/communist party member from Chongqing , is as separated from reality as the rest of his ilk. The majority of his time is spent hunched over that ridiculous calligraphy mat as he etches barbaric words in water which soon dry up, and watching CCTV-better known as cerebral chemotherapy.

The man, i am sure, once possessed goals and possibly a soul, but whats left of those is anyone’s guess. too much time tugging out a little red book and calling his parents ‘capitalist pigs’ has probably left him irreparably damaged. The interesting thing is that he is not alone. The next leaders in China all share this same past, leading us to wonder what is next for China.

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China’s Problem Our Problem- Pig Theft in the USA

Posted by w_thames_the_d on October 29, 2011

China used to be less rapacious in their consumption, I guess that’s easy when feasting on the flesh of the neighbors child. But even before this hideous period, the Chinese had at times lived in harmony with nature, the Mongol rule may provide a good example. But currently, in a country where ‘whats in it for me’ could.be carved onto all of their tombstones, this problem has a global impact.
Pork prices have risen and to accommodate this the chinese have done everything from dye red meat to look like pork, to adding illegal substances. Now they are heisting US pork , or maybe we are heisting it for them. It would not be too bad if the reason that the Chinese need our pork were more benign. But the reality is that has they pollute their own land and water, they will be ransacking our harvests. Too much water and resources are used to process coal so they can pollute our earth and make toxic toys and entertain the useless chicoms whose real function is to siphon off funds then ship them overseas for the fateful days ahead.
The real issue is that if they do not maintain their land in a sustainable fashion, they will only suffer more.
story here

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China, Price Controls and More

Posted by w_thames_the_d on October 29, 2011

Great Comment from Brewskie
“What’s more is Shanghai home owners have been rioting over price discounts. Indeed, property developers are in deep trouble, as roughly 1/3rd reported negative growth in the third quarter; sales of Vanfound Real Estate, Yihua Real Estate, Hianan Haide Industry and Binjiang Group dropped more than 40%.


I also found out China’s in bigger trouble than I originally imagined. The crux the optimists like to lean on is the “$3 trillion in currency reserves crutch.” Yeah, the banks are in big trouble, and I figured the CCP would bail out the Big 4′s asses (for real this time, too, not shuffle it around debt as the last 2 times), but it wouldn’t cure the underlining suffrage at the base of the economy: namely, death in real estate, lower revenues collected by local governments as a result – along with the armies of people with money stuffed in property market related-vehicles – nor the wazillion suffering SMEs choked by dirty shark loan bastards. Historical case in point: did bailing out Wall Street banks cure America’s underlining economic problems – will employment and Main Street be revitalized soon? And $3 trillion in currency reserves is no Miracle Grow formula that’s going to shake Playdough-srength freeway ramps into titanium shape quickly, either.

However, leave it to “Genius” Jim Chanos to throw down the gauntlet: the reserves have liabilities, meaning, exporters who collected dollars exchanged transferred them for RMB at the PBOC, which they spent, meaning when China has to bail out the banks, she’ll have to print currency to save them (and what’s already suffocating many Chinese?). In a video linked below, this gets spelled out around 1:44; most of the video pertains to information China bears already know.


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Coming Collapse of China?

Posted by w_thames_the_d on October 29, 2011

Jiangsu is having problems as is Yiwu and now its spreading throughout the Pearl River Delta…
From here:

Businesses in the Pearl River Delta, China’s export-processing stronghold in the southern province of Guangdong, are dropping like flies due to a worsening business climate, Guangzhou’s Southern Metropolis Daily reports.

The newspaper said that when a wave of collapses swept the city of Wenzhou in eastern China’s Zhejiang province four months ago, few medium-sized businesses in the delta had wound down.

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China, Pickpockets and the Law

Posted by w_thames_the_d on October 29, 2011

Here is what living in China is like

from here
The Pick Pocket Update
October 28th, 2011 § 1
I talked with a friend of mine and apparently they know that there is a problem with pick pockets. But if it happens to you, you can’t do anything about it. Pick pockets might shank you or worse make a phone call. They travel in packs of a massive amount and all know each other. They could make a phone call and have 50 show up or something….”
continue here

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Photo of China’s Environmental Degradation- Air Pollution

Posted by w_thames_the_d on October 29, 2011

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