Regarding the financial crisis and chaos going on in the Eurozone, Obama gave out some harsh words, saying that it was China’s turn to tell the EU to get their financial house in order. The Eurozone, being the second largest economy in the world, must stop the crisis from getting worse. Asia’s concern is that [...]
Posts Tagged ‘china’
China’s Recipe for the West: Cut Your Debt or It Will Cut You!
September 20th, 2011 
Elisheva Wiriaatmadja 
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Marc Faber: Buy a $100 US Bond to Teach How Inflation Causes Its Value to Vanish
June 27th, 2011 Elisheva Wiriaatmadja Marc Faber was interviewed by the Daily Bell regarding the dollar and how good the emerging markets look today. He set up Marc Faber Limited, an investment advisor company focusing on value investment back in 1990 in Hong Kong but moved to Thailand, one of the emerging markets in Asia, in 2000. He has had [...]
Marc Faber: China in One Year – Recession!
May 31st, 2011 Elisheva Wiriaatmadja Marc Faber was asked by Bloomberg what the economy of China will be one year from now. He answered that China one year from now will be in a recession, although it could be a ‘technical recession’. What he means by a “technical recession” was a decrease in economic growth rate. Within one year he [...]
Jim Rogers: Mark My Words, the US Dollar will Disappear
May 12th, 2011 Elisheva Wiriaatmadja This time Jim Rogers talks about the Euro, the US dollar and the world in Asia. Even though it does not seem that Rogers will get rid of the Euro anytime soon, he believes that the Euro is not going to survive. While prices are rising in European countries, in Asia, within one generation, the [...]
Jim Rogers: America is More Communist than China
May 11th, 2011 Elisheva Wiriaatmadja China calls itself communist. But Italy calls itself a catholic country. They are far less centrally controlled than the United States. There are certainly problems with China, but things there are far more free than you would suspect. There is a lot of interesting quotes said by Jim Rogers in the following video. As soon [...]
IMF: The Age of America Ends in 2016
April 25th, 2011 Elisheva Wiriaatmadja 
The IMF (International Monetary Fund) just posted probably their most controversial prediction ever on their website which most of the world are not even aware of yet. This organization has actually set a date when the age of America will end and be overtaken by China. This is the first time that the IMF actually [...]
Will China Eventually Own the US?
April 14th, 2011 Elisheva Wiriaatmadja While the US exports inflation into the global economy, the other side of the world is quietly rising, leaving the US slowly but surely behind. Comparing the currencies of the two countries, property and financial market and all other economic aspects, the Chinese continues to rise and the dragon from the east is now on [...]
China’s Canal in Panama: Latin America No Longer America’s Backyard
March 8th, 2011 Elisheva Wiriaatmadja 
The biggest news last February was China’s offer for a new model of development in Latin America. For decades it was dominated by the US, but now it seems that China will be taking over there. China is currently working with Colombia to build a rival to the Panama Canal, which would stretch from the [...]
Hyperinflation Led to Hitler and Mao. What will China’s Currency Manipulation Lead to?
March 2nd, 2011 Elisheva Wiriaatmadja 
(CSMonitor.com) The US Treasury Department’s recent report downgraded the Chinese yuan from simply “undervalued” to “substantially undervalued.” This was predictably met by renewed claims from Senators Charles Schumer (D) of New York and Max Baucus (D) of Montana that China is manipulating its currency, and there is surely much more of that kind of rhetoric [...]
When Will the Renminbi Overtake the Dollar?
January 9th, 2011 Elisheva Wiriaatmadja (SovereignMan.com) Without a doubt, the existing global financial system depends on the widespread use of fiat currencies issued by insolvent governments. The wealth of the world’s large financial institutions requires that there be currencies with sufficient size and circulation to absorb massive capital flows. The current system is based primarily on the dollar; with a [...]
