In our last two blogs, we described the truly amazing amount of capital infrastructure construction going on in China, and we described how this amazing feat is being financed – by Special Investment Corporations – whose debts are really the debts of individual local governments, but those debts don’t get recorded anywhere. So what we… Continue reading China’s Surprising Level of Debt
Tag: Economic meltdown
China’s Hidden Debt – The Chinese Version of Off-Balance Sheet Financing
In our last blog, we described the modern miracle of Chinese creation of tremendous modern infrastructure. Now we look at how the financing of this modern miracle is occurring. The creation of all of these bridges, buildings, and infrastructure has to be financed, and somehow this debt must be repaid in the future. Western countries,… Continue reading China’s Hidden Debt – The Chinese Version of Off-Balance Sheet Financing
Beware The Herd Mentality – The Only Sure Thing is a Lack of Surety – The Death Cross
It seems we are in a period of great uncertainty. Everywhere it seems there are signs of negativity. It seems the housing market is falling, European debt is getting out of control, debt continues to mount in the USA, and so on. The Death Cross A Death Cross is a technical indicator that is followed… Continue reading Beware The Herd Mentality – The Only Sure Thing is a Lack of Surety – The Death Cross
Capitalism Needs Tweaking – Point #9 of 10 (cont’d)– The Abuse of Tax Havens – Economic Terrorists
In my blog of December 9, 2010, I pointed out how our capitalist society suffers from dramatic up and down cycles that rob the middle class of their wealth and earnings. I suggested 10 points that would very much moderate these cycles and bring about a far better capitalist society. This is the 9th of… Continue reading Capitalism Needs Tweaking – Point #9 of 10 (cont’d)– The Abuse of Tax Havens – Economic Terrorists
Robert Reich – August 8, 2011 Article Reprint – An Overview of the Current Economic Mess
We republish the Following article because it summarizes quite well the current stock market meltdown. We disagree with his conclusion and remain optimistic. This is a buying opportunity. Slouching Toward a Double Dip, For No Good Reason Monday, Robert Reich August 8, 2011 Imagine your house is burning. You call the fire department but your… Continue reading Robert Reich – August 8, 2011 Article Reprint – An Overview of the Current Economic Mess
Take a Longer Perspective on the Stock Market Sell Off & The Fight Over Debt Reduction – a Very Good Thing
We at the Cymor Strategic Growth Funds urge caution in the face of the apparent current meltdown of the stock markets. This is the time of year, when almost annually and most certainly in the majority of years, the markets have weakness. Sometimes it is just a downward drifting, and sometimes it is more serious.… Continue reading Take a Longer Perspective on the Stock Market Sell Off & The Fight Over Debt Reduction – a Very Good Thing
How Debt is Resolved – The Coming Boom in the Stock Market
Characterizing Debt Whether it be the USA, or Greece, or Ireland, or Italy, debt is never repaid in short order. The trick is to stabilize the debt and essentially make it appear as a non-issue, What happens is that the political will in a country changes from an attitude of “if there is a need,… Continue reading How Debt is Resolved – The Coming Boom in the Stock Market
The Markets Crash Because of the Debt Ceiling – Not Bloody Likely
Obama v John Boehner Last night we watched the two most powerful political leaders in the USA each make a speech imploring the public to side with their version of how the impasse over raising the Debt Ceiling should be resolved. The Differences Between Them Both seemed to agree on the amount of debt reduction… Continue reading The Markets Crash Because of the Debt Ceiling – Not Bloody Likely
Gold – the Rise in Value is Escalating, Caution is Warranted
We review many writers daily and it seems that everyone is predicting a further massive rise in the value of gold. The view seems to be almost universal. Mr Market Remember that when everyone is sure about some direction in the market, Mr. Market waits for his OPPORTUNITY to take everyone’s wealth away and teach… Continue reading Gold – the Rise in Value is Escalating, Caution is Warranted
Protecting our Rights – the Tipping Point When the Cost of Rules and Regulations Exceed Their Benefit
Supposed Basic Rights in Democratic Societies In democratic societies, we feel that we have a moral obligation to protect the rights of the individual. This basic belief pervades most of our rational thought and puts a slant on many of our decisions. If only life were that simple; that one concept was universally applicable. Unfortunately,… Continue reading Protecting our Rights – the Tipping Point When the Cost of Rules and Regulations Exceed Their Benefit