Understanding China, One Blog at a Time

An American in China

Archive for August 14th, 2012

Chinese Justice

Posted by w_thames_the_d on August 14, 2012


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Collapsing China, Bad Debt, Bailouts And Buffet

Posted by w_thames_the_d on August 14, 2012


Here is a post from the King of Swig, Brewskie. One has to wonder how long till the chicom thugs get their Gadaffi moment…..
From the BrewMan

More Scooby snacks:

Couple for Bidness Insider…

1st, Chinese companies are pulling out of US stock markets; I indicated earlier there’s been ONE Chinese IPO this year. Naturally, the Chinese lay blame on the low share price relative to their business… huh!?!? If the companies private it’s a sitting duck, or a scam company; if it’s an SOE – you know it’s a scam. Anyway, investors and Washington are tired of the reverse mergers, shell companies, and other accounting scams bilking investors. How’s Buffy’s baby BYD been doing – he scooped up 10% of the company!! LOL! (Well, given he lives in the same house he bought decades ago, and he eats at a ma & pa diner, I think he CAN afford it 😉 )

http://www.businessinsider.com/chinese-companies-us-stock-markets-2012-8#

Second, a company Zhongdan – in a nutshells it’s a mini-AIG – is on the verge of collapse. Now it guarantees 3 billion yuan – decent money but trivial, right? Not so fast: China’s FILLED with these mini-AIGs.

http://www.businessinsider.com/zhongdan-bankruptcy-raises-risk-of-chinese-financial-crisis-2012-8

A bit of a bad omen from 2011: Beijing infrastructure not suited for torrential rain:

Looks like a sign of things to come: stupid & impulsive banks want their money back are suing 20 bankrupt steel traders for defaulting on their loans.

http://in.reuters.com/article/2012/08/07/china-steel-loans-idINL4E8J63E420120807

And things ain’t getting better for those banks: Shanghai hits record low!!! Mhwahahahahaha!

http://www.reuters.com/article/2012/08/03/markets-ironore-idUSL4E8J30EO20120803

Remember when China’s central government bailed out the local locos last year? (Hell no, you can’t ask Americans to remember anything past five minutes.) It was in the tune of 2-3 trillion RMB; that tunes out to roughly $300 billion-$463 billion). Remember when the CCP said not long ago the economy was overheating, the brakes needed applying? Well, the banks are continuing the local guvs’ “heroin addiction.”

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1102&MainCatID=11&id=20120814000095

China’s story on the July PMI fell to 50.1. Anything below 50 signal contraction; 50.1 is the CCP’S word! In other words, there’s likely a contraction.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1205&MainCatID=12&id=20120802000019

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Post Olympic Suckdom in China

Posted by w_thames_the_d on August 14, 2012


A while back China got to hold the Olympics. This was akin to allowing you kid sit on your knee and drive the car. Your hope is that they do not foul up and feel like real adults in the process. Somewhere deep inside, you hope you are grooming them to one day grow up and vpbe a real car driver.
And so went the aolympics. The world assumed that if they treated a band of wayward thugs like humans, that these thugs would grow up and act human. That was what we thought.
What we saw, however, was the true nature of China. They took advantage of the opportunity to further enslave and cheat one another.
The communist killed people for their land and then sold it, making a buck in the process. They then sent their diseased offspring to civilization to het a house and education. All the while the communists knew what was up. Unlike the kid on upyour knee, they knew they would never change deep down they chuckled at our stupidity, and then feigned anger when we called them on it.
At the end of the day, that vagrant little bastard driving the car, is the same vagrant chinaman that lived in Mao, Deng amd Zhou Enlai. We were just too stupid to see this.

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Thoughts on Communism

Posted by w_thames_the_d on August 14, 2012


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April Fools Day Joke

Posted by w_thames_the_d on August 14, 2012


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NEW stupid woman carries tow truck in China!глупая нес ет эвакуатор

Posted by w_thames_the_d on August 14, 2012


Check out this video on YouTube:

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Chinese Lets Son Piss In Drining Fountain

Posted by w_thames_the_d on August 14, 2012


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Click Your Heels Dorothy

Posted by w_thames_the_d on August 14, 2012


Found this on a Thai expat site

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China’s Real Gold Medal Count

Posted by w_thames_the_d on August 14, 2012


Comment From the Wall Street Journal
This is priceless

  • 6:25 am August 14, 2012
  • China’s Gold schmedals for…………. wrote:

Iwan Soeryadi,

If there were Gold Medals awarded for the following, then China would win buckets of Gold in:

1 ) China wins Gold for murder of civilians by CCP, which leads the world at over 80 million civilians dead.
2 ) China wins Gold for air pollution
3 ) China wins Gold for water contamination
4 ) China wins Gold for Housing Bubblr Burst
5 ) China wins Gold for Forced Demolitions of public property
6 ) China wins Gold for lack of food safety
7 ) China wins Gold for desertification
8 ) China wins Gold for Intellectual Property theft from international community
9 ) China wins Gold for government corruption of the People’s tax money
10 ) China wins Gold for social injustice in CCP courts
11 ) China wins Gold for censorship and free speech
12 ) China wins Gold for unlawful detention of artists, lawyers, and activists through re-education camps
13 ) China wins Gold for forced abortions of millions of women in China because of One-Child policy
14 ) China wins Gold for coal mining deaths
15 ) China wins Gold for Natural resouces consumption like oil
16 ) China wins Gold for real estate vacancies with over 105 million enpty apartments and homes
17 ) China wins Gold for internet gaming in the world
18 ) China wins Gold for ‘calling in sick’ to watch sporting events like the Olympics
19 ) China wins Gold for credit card debt
20 ) China wins Gold for mass protests in world with over 200,000 in 2012 so for this year
21 ) China wins Gold for smoking deaths with 55,000 cigerettes being lit per second
22 ) China wins Gold for Death Penalty with three times the world’s total number combined including North Korea
23 ) China wins Gold for the local government debt which economist Lang stated, “Every province in China is a Greece” waiting to happen and turn China into one of the poorest countries in the world when the collapse happens in China!

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Another Day Another Camel Toe in China

Posted by w_thames_the_d on August 14, 2012


Chinese camel toe

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