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This theory could be the true speculation behind stockmarket problems .

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 Many people in the  finance sector are beginning to doubt the Chinese government figures .   The Chinese government has claimed a 7% growth rate this year. Investors are highly skeptical. 

 

 If the Chinese government is being untrue with their figures. This could be the long-awaited economic doom many of you  have been  waiting with tumescent anticipation .

 

"IT ALL seems a little too perfect to be true. The Chinese government set a growth target of “about 7%” this year. And for a second consecutive quarter, despite ample evidence of stress in its industrial sector, it managed to hit that right on its head. In the three months from April to June, the economy expanded 7% compared with the same period a year earlier. Cue the chorus of scepticism: Chinese data just cannot be trusted, goes the usual refrain. Yes and no. There is a difference between smoothing data and totally fabricating it. Evidence suggests that China is guilty of the former (the lesser charge) but not the latter (the more serious allegation).

China has a history of ironing out the ruffles in its growth figures. No less an authority than Li Keqiang, now the premier, once said that local GDP data were "man-made and therefore unreliable". The most notorious case of manipulation came in 1998 in the aftermath of the Asian financial crisis. Many Asian countries suffered recessions but China claimed to grow by a hefty 7.8% that year. Looking at other indicators, many economists concluded that growth was in fact closer to 5%. The manipulations can occasionally work in the opposite direction. In the early 2000s, when China reported growth of 8-9%, some reckoned that it really expanded by closer to 10%. Why would China understate its growth? One possibility is that statisticians missed big parts of the economy. Another is that the government downplayed its strength to avoid arousing anger at a time when its export juggernaut was beginning to rev up. "

 

http://www.economist.com/blogs/freeexchange/2015/07/chinese-economy 

 

 

 

 

 

Edited by Falling down
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The Chinese are lying, they were lying and they will continue to lie, just like every other government (just a little more).  They obviously have an agenda and want to achieve something with their lies which are manipulating the markets.  The thing is that it is having a bigger effect on their Bricks partners than on the rest of the Western free world.

Or are they acting in "self defense" to try and save the consequences of their previous lies?

 

Mr Cohen has the answer..

"Anthem"

copyrighted material removed

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I agree people and countries cheat and lie all the time .  Hopefully they may go to jail  for their deeds . 

 

 But it's a completely different matter if the lies affect everyone on a global scale . The US   may have  allowed this  to happen again by not convicting and locking up all those frauds  that caused the last meltdown.

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Injected money, dropped currency value. Slashed interest rates,  covering up ... Ya think    

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Injected money, dropped currency value. Slashed interest rates,  covering up ... Ya think    

Correct me if I'm wrong.   But I cannot remember one instance where a government purposely inflated their growth index.

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We don't have anti the Chinese brainwashing in NZ. They are not our government's potential enemy so there it no need to kick them at every opportunity and our Media doesn't do so. This year they become our biggest economic trading partner passing Australia. We have a free trade deal with China, but out defence partners the USA has still refused to give us one despite making us remove tariffs against the USA (during the 80's) saying that would guarantee us a free trade deal with the USA.

 

What is adds up to is if the USA and China were to enter into a conflict we would ally with China because they keep us economically afloat and the USA has constantly refused to enter into honest trading despite us being their defence partners. The USA and UK are NZ's military allies but they treat us like shit, barring our products which would lover the cost of living. We have a beef limit in the USA which has been reached already Butter and milk products have limitations in the UK.

 

NZ only has 4.4 million people. We will never be a threat to the USA and UK markets if they were run properly. By not giving NZ a free trade deal like China did the UK and USA weakened their position as defence partners and allies.

 

 

-------------------------

 

China is well within it's rights to raise or lower their dollar as is every nation. I remember as a kid NZ doing it during the Oil price Wars. We froze our dollar, froze prices and wages as well. We had to nominate 2 days a week were we could not drive our cars to help save on fuel imports. Every nation is well within it's rights to change their dollar however they see fit.

 

In China you can't own more than 50% of a business as a foreign investor (honest business, the only honest business deal is 50-50%.)This is why the US Media (owned by US business people) has attacked China. In only allowing 50% ownership the usual plan of taking over large sectors of business then putting down any competitors and then raising prices to gut a nation from the inside out (the Standard tactic of the US business cartels) was made impossible. As much money as the US business man made in China he made the Chinese the same amount. This pissed of the US Powers That Be so they decided to go the other way around, buying Chinese shares and currency. Most of the Chinese share-market investors were foreign investors trying to set up a stock market crash and possible currency crash (the idea is to force the Chinese to take out IMF loans in which they would have to agree to let in bigger amounts of foreign investment). Something which became impossible as soon as it was seen the Chinese were just going to mess with their dollar to stop this as well as halting large share sell offs.

 

Note the US stock market also places blocking on large sell offs by suspending the share-market for hours at a time.

 

You can blame the Chinese for everything but sooner or later that won't fly. The biggest funds and banks in the world are behind this just the same as they have always been behind every large money and stock market crash. They are also the Western Media so when we get programming being loaded into us saying "the Chinese are the real bad guys" you should know where it is coming from. One of my good friends was married to the Chinese women's Judo champ for 10 years. He knows China inside and out and what the Western Media says is just as much lies as what they say about N Korea ( I have a friend who lives their 11 months of the year, the negative PR against N Korea is amazing and improbable to say the least but people who don't know any better believe the lies).

 

 

We are in the middle of an economic war. Currently Russia has been attacked and the oil prices have been dropped deliberately to weaken Russia's position. The move of blocking off Gas at Ukraine failed because Ukraine needed the Gas themselves and the USA could supply as initially promised. The Huge Gas boom in the USA was thought to be able to replace the Russian Gas in Europe and thereby crush Russia economically. (Russia supports Syria and without the Syrian government being removed the US Oil companies Pipelines will not be approved without paying a percentage to Syria which the Oil corps refused. Their pipeline is on the border ready to go and the USA have been waging covert war against Syria for over 3 years trying to get this set up. Corporations run the world not countries. Iraq took back their Oil in Kuwait BP got the US prez on the phone and organized for the US military to be used to getting their Oil back. It wasn't a military matter, it was a business matter. Business moves the world, Oil and Mining along with shipping and banking.) Unfortunately some genius in the USA didn't run the numbers correctly. While they had the Gas there was no way to unload it quick enough to replace Russian supply (using ships) so their promise of being able to supply Ukraine (and indeed most of Europe) was bust. Screwed the whole plan more or less.

 

If you want to understand what is going on in the world it is a bunch of business people are playing a game to see who gets to control most of the world. The same game emperors and kings have been playing as long as recorded history records. It is a game to them while being life and death for us.

 

The US business people need to take down China or they will lose over time without a shot being fired.

The Oil people want to take down Russia because while Russia remains supplying they can't fix the price of oil (upwards, as Russia will just sell cheaper)  effectively until they control Russian Oil. Same with Iran, unless Iranian Oil can be controlled the Oil cartels will not be able to fix Oil prices effectively.

 

If you look at every US conflict since WWII it was always US business people who were gaining the biggest advantage, they wanted those conflicts. If you live in the USA you won't know any of this because of the Media "stories" which tell everything except the truth of why these conflicts were occurring and who was going to benefit the most. Instead they show a powerful nation who is needed as the world police force. (world policeman is the same as world tyrant in my opinion, do what we say or else!)  This seductive brainwashing/conditioning prevents critical examination of evidence in favour of self glorification (Mind Control by use of the Ego which is strengthened).

 

Bottom line, China is allowed to fiddle with their currency, all nations are allowed to do that it is part of their rights. We often bag our govt for not doing it in NZ when the NZ dollar is 25% overvalued. If we did so it would make us a lot more money via our exports but make our imports (and loan repayments) more expensive. But currency investors would cry. (see who the problem really is?)  We are affected by this economic war with Russia it has reduced our diary exports to Russia and Europe (as the Europeans can't trade with Russia they have less money to spend so they are not buying as much off us as previous. Why should an ally of the USA suffer economically because of US decisions? That is how NZ is treated by the USA our ally.) as well as having our products blocked by our Ally.

 

Can you imagine how that feels?

Having your ally piss all over you so they can get some advantage they are not going to pass onto you.

 

China isn't the enemy, nor is N Korea or Russia. It is the Uber business people and their business they are the enemy. 147 interlocking corporations which control 80% of the world economic system. Only 5000 people on their boards and 7 billion of us. Until 20 years ago they were able to conceal themselves from us. Now they are outed even if people don't bloody listen.

 

 

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We don't have anti the Chinese brainwashing in NZ. They are not our government's potential enemy so there it no need to kick them at every opportunity and our Media doesn't do so. This year they become our biggest economic trading partner passing Australia. We have a free trade deal with China, but out defence partners the USA has still refused to give us one despite making us remove tariffs against the USA (during the 80's) saying that would guarantee us a free trade deal with the USA.

 

What is adds up to is if the USA and China were to enter into a conflict we would ally with China because they keep us economically afloat and the USA has constantly refused to enter into honest trading despite us being their defence partners. The USA and UK are NZ's military allies but they treat us like shit, barring our products which would lover the cost of living. We have a beef limit in the USA which has been reached already Butter and milk products have limitations in the UK.

 

NZ only has 4.4 million people. We will never be a threat to the USA and UK markets if they were run properly. By not giving NZ a free trade deal like China did the UK and USA weakened their position as defence partners and allies.

 

 

-------------------------

 

China is well within it's rights to raise or lower their dollar as is every nation. I remember as a kid NZ doing it during the Oil price Wars. We froze our dollar, froze prices and wages as well. We had to nominate 2 days a week were we could not drive our cars to help save on fuel imports. Every nation is well within it's rights to change their dollar however they see fit.

 

In China you can't own more than 50% of a business as a foreign investor (honest business, the only honest business deal is 50-50%.)This is why the US Media (owned by US business people) has attacked China. In only allowing 50% ownership the usual plan of taking over large sectors of business then putting down any competitors and then raising prices to gut a nation from the inside out (the Standard tactic of the US business cartels) was made impossible. As much money as the US business man made in China he made the Chinese the same amount. This pissed of the US Powers That Be so they decided to go the other way around, buying Chinese shares and currency. Most of the Chinese share-market investors were foreign investors trying to set up a stock market crash and possible currency crash (the idea is to force the Chinese to take out IMF loans in which they would have to agree to let in bigger amounts of foreign investment). Something which became impossible as soon as it was seen the Chinese were just going to mess with their dollar to stop this as well as halting large share sell offs.

 

Note the US stock market also places blocking on large sell offs by suspending the share-market for hours at a time.

 

You can blame the Chinese for everything but sooner or later that won't fly. The biggest funds and banks in the world are behind this just the same as they have always been behind every large money and stock market crash. They are also the Western Media so when we get programming being loaded into us saying "the Chinese are the real bad guys" you should know where it is coming from. One of my good friends was married to the Chinese women's Judo champ for 10 years. He knows China inside and out and what the Western Media says is just as much lies as what they say about N Korea ( I have a friend who lives their 11 months of the year, the negative PR against N Korea is amazing and improbable to say the least but people who don't know any better believe the lies).

 

 

We are in the middle of an economic war. Currently Russia has been attacked and the oil prices have been dropped deliberately to weaken Russia's position. The move of blocking off Gas at Ukraine failed because Ukraine needed the Gas themselves and the USA could supply as initially promised. The Huge Gas boom in the USA was thought to be able to replace the Russian Gas in Europe and thereby crush Russia economically. (Russia supports Syria and without the Syrian government being removed the US Oil companies Pipelines will not be approved without paying a percentage to Syria which the Oil corps refused. Their pipeline is on the border ready to go and the USA have been waging covert war against Syria for over 3 years trying to get this set up. Corporations run the world not countries. Iraq took back their Oil in Kuwait BP got the US prez on the phone and organized for the US military to be used to getting their Oil back. It wasn't a military matter, it was a business matter. Business moves the world, Oil and Mining along with shipping and banking.) Unfortunately some genius in the USA didn't run the numbers correctly. While they had the Gas there was no way to unload it quick enough to replace Russian supply (using ships) so their promise of being able to supply Ukraine (and indeed most of Europe) was bust. Screwed the whole plan more or less.

 

If you want to understand what is going on in the world it is a bunch of business people are playing a game to see who gets to control most of the world. The same game emperors and kings have been playing as long as recorded history records. It is a game to them while being life and death for us.

 

The US business people need to take down China or they will lose over time without a shot being fired.

The Oil people want to take down Russia because while Russia remains supplying they can't fix the price of oil (upwards, as Russia will just sell cheaper)  effectively until they control Russian Oil. Same with Iran, unless Iranian Oil can be controlled the Oil cartels will not be able to fix Oil prices effectively.

 

If you look at every US conflict since WWII it was always US business people who were gaining the biggest advantage, they wanted those conflicts. If you live in the USA you won't know any of this because of the Media "stories" which tell everything except the truth of why these conflicts were occurring and who was going to benefit the most. Instead they show a powerful nation who is needed as the world police force. (world policeman is the same as world tyrant in my opinion, do what we say or else!)  This seductive brainwashing/conditioning prevents critical examination of evidence in favour of self glorification (Mind Control by use of the Ego which is strengthened).

 

Bottom line, China is allowed to fiddle with their currency, all nations are allowed to do that it is part of their rights. We often bag our govt for not doing it in NZ when the NZ dollar is 25% overvalued. If we did so it would make us a lot more money via our exports but make our imports (and loan repayments) more expensive. But currency investors would cry. (see who the problem really is?)  We are affected by this economic war with Russia it has reduced our diary exports to Russia and Europe (as the Europeans can't trade with Russia they have less money to spend so they are not buying as much off us as previous. Why should an ally of the USA suffer economically because of US decisions? That is how NZ is treated by the USA our ally.) as well as having our products blocked by our Ally.

 

Can you imagine how that feels?

Having your ally piss all over you so they can get some advantage they are not going to pass onto you.

 

China isn't the enemy, nor is N Korea or Russia. It is the Uber business people and their business they are the enemy. 147 interlocking corporations which control 80% of the world economic system. Only 5000 people on their boards and 7 billion of us. Until 20 years ago they were able to conceal themselves from us. Now they are outed even if people don't bloody listen.

 

 

ok

 

 But do you think China missrepresented its growth index  in public financial announcements to the whole world ?

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The Chinese poisoned themselves and their land to be the cheap trade goods export king. Would they steal industrial trade secrets? Would they cook the books...... Absolutely. 

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