The Inevitable Collapse of China's Banks

Mar 29, 2007 Full story: Seeking Alpha 514

Posted on Feb 5th, 2007 with stocks banks were the belles at the global investment ball in 2006. via Seeking Alpha

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saint

United States

#504 Apr 30, 2012
RayH wrote:
Stupidity knows no bounds.
After the 2008 Global Economic Crisis, 4 out of the world's 10 largest banks are now Chinese, from 0 before.
Chinese banks are larger now or only from US,EU banks failing?

Why should people want China to fail? Makes no sense.
RayH

Shenzhen, China

#505 Apr 30, 2012
Mirolyuba wrote:
They CLING TO POWER by violence and deceit!
The CCP thinks lies and murder will hold back facts and the future.
But the CCP are very stupid criminals. Their complacency and self-imposed stupidity are weaknesses that can be used against them.
So carry on thinking you CCP dictators are a TOTAL SUCCESS until the last moment, like your ex-pal Gadaffi!
HA HA HA HA HA HA HA!
China's still thriving, but Mirolyuba is DEAD. Ha ha....!
RayH

Shenzhen, China

#506 Apr 30, 2012
saint wrote:
<quoted text> Chinese banks are larger now or only from US,EU banks failing?
Why should people want China to fail? Makes no sense.
Chinese banks grew, while U.S. banks shrunk.
saint

United States

#507 Apr 30, 2012
RayH wrote:
<quoted text>
Chinese banks grew, while U.S. banks shrunk.
+ some are closed forever.
RayH

Shenzhen, China

#508 Apr 30, 2012
saint wrote:
<quoted text>+ some are closed forever.
This is quite an interesting thread, pre and post 2008 Global Financial Crisis. It's a record of how the world has fundamentally changed in just 5 years. In another 5 or 6 years, China would become the world's largest economy.
saint

United States

#509 Apr 30, 2012
RayH wrote:
<quoted text>
This is quite an interesting thread, pre and post 2008 Global Financial Crisis. It's a record of how the world has fundamentally changed in just 5 years. In another 5 or 6 years, China would become the world's largest economy.
People are unable to make accurate predictions because they are unable to see past the propaganda and their own personal biases and desires, but mostly their fears. Is there reason to fear a China more powerful than the US?
RayH

Shenzhen, China

#510 Apr 30, 2012
saint wrote:
<quoted text>People are unable to make accurate predictions because they are unable to see past the propaganda and their own personal biases and desires, but mostly their fears. Is there reason to fear a China more powerful than the US?
Then they'd have to live in peace. Some people just don't want to do that.

Since: Jul 11

Location hidden

#511 Apr 30, 2012
saint wrote:
<quoted text>People are unable to make accurate predictions because they are unable to see past the propaganda and their own personal biases and desires, but mostly their fears. Is there reason to fear a China more powerful than the US?
Have you ever been to China? Have you seen how the poor Chinese live? Are you aware only the ones with political muscle are the ones driving the nice cars and the rest are walking, on bikes and mules? Are you aware that "you do now own" crap in China? Are you familiar with what COMMUNIST means?

China is going to go down and it will happen soon. People (the Chinese) will get tired of being "slaves" to the few ruling parties in China. Just watch. Things will change in China in your life time.
peter tucker

Lansing, MI

#512 Apr 30, 2012
unbelievable. You are more pathetic and stupid than you were yesterday, and I thought that was impossible.. If you ever read anything other than Mad magazine, and stopped planting canned food in the backyard....you would know that China is the second largest economy in the world, is buying cars faster than they can be made, is the largest single market for Macdonalds, and Ipods, I phones, and has the fastest growing "middle class' in thw world. Oh yeah...also owns 75%of America's bond market. Know what a bond is??
Would go on but you are just too ignorant....worse than stupid. As far as transportation goes you moron... it is culture of 10,000 years. You are such a rectal racist pig

Since: Jul 11

Location hidden

#513 Apr 30, 2012
peter tucker wrote:
unbelievable. You are more pathetic and stupid than you were yesterday, and I thought that was impossible.. If you ever read anything other than Mad magazine, and stopped planting canned food in the backyard....you would know that China is the second largest economy in the world, is buying cars faster than they can be made, is the largest single market for Macdonalds, and Ipods, I phones, and has the fastest growing "middle class' in thw world. Oh yeah...also owns 75%of America's bond market. Know what a bond is??
Would go on but you are just too ignorant....worse than stupid. As far as transportation goes you moron... it is culture of 10,000 years. You are such a rectal racist pig
For someone who has made "watching American TV" a profession, you are one dumb fuck. Have you ever been to China? I don't think your local bus will take you there; so the answer must be "NO". I don't give a rats ass what it is currently the case there. I am taking about how things will change and it will change very quickly. I know your peanut sized brain can't comprehend what I am telling you here. If I could only draw you a picture using crayons, this may help you understand: "China will go down and it will happen before Obama is out of office (one time term is my bet). So what if a VERY FEW can buy a Rolls or a Bentley. The few in the top can do it because they use SLAVERY as labor and the people are getting tired of being abused. Just like in your family. People left you because they got tired of seeing you eat all the food and spend the few dollars left in crack. People can take so much.

I will see if I can draw you a picture so you can get my point.
RayH

Shenzhen, China

#514 Apr 30, 2012
David Cheever wrote:
<quoted text>
Have you ever been to China? Have you seen how the poor Chinese live? Are you aware only the ones with political muscle are the ones driving the nice cars and the rest are walking, on bikes and mules? Are you aware that "you do now own" crap in China? Are you familiar with what COMMUNIST means?
China is going to go down and it will happen soon. People (the Chinese) will get tired of being "slaves" to the few ruling parties in China. Just watch. Things will change in China in your life time.
Looks like you've never been to China then. The middle class in China today is already greater than the entire U.S. population.

The things that will change in China in our lifetime:

* 2013: China surpasses Japan as No. 2 in the world in people living in developed world living standards, only behind U.S.
* 2014: China becomes the world's largest Importer.
* 2018: China surpasses U.S. to become the world's largest economy.
* 2020: China becomes over 50 % middle class (same ratio as U.S. today, after the financial crisis).
* 2025: China becomes the world's largest developed country.

That's what is looming in the horizon, the check list leading toward 2025.
Marco

Singapore, Singapore

#516 Apr 30, 2012
RayH wrote:
<quoted text>
Looks like you've never been to China then. The middle class in China today is already greater than the entire U.S. population.
The things that will change in China in our lifetime:
* 2013: China surpasses Japan as No. 2 in the world in people living in developed world living standards, only behind U.S.
* 2014: China becomes the world's largest Importer.
* 2018: China surpasses U.S. to become the world's largest economy.
* 2020: China becomes over 50 % middle class (same ratio as U.S. today, after the financial crisis).
* 2025: China becomes the world's largest developed country.
That's what is looming in the horizon, the check list leading toward 2025.
Funny, after China reported auto sales went up last fall “2011” the gasoline sales never increased...???- THEN warehouses were found filled with autos so the auto sales numbers could be "printed and look great" to the rest of the world. This is the hand that China shows the world all the time. Cities are being built with no occupation.

China has been and will continue to blow smoke up the world’s ass. The cracks are in the walls and water is coming in and even with over 1B population not enough fingers & toes to plug the holes!

http://www.dailymail.co.uk/news/article-13395...
peter tucker

Lansing, MI

#519 May 1, 2012
You are just in a different world pal and boy...it is out there. Look at the skyline of Shanghai!!!!! Larger, taller and bigger than New York. You get your information from Brown Shirt Bubble Gum. Fastest growing economy in world. Xenophobia..look it up dipshit
peter tucker

Lansing, MI

#520 May 1, 2012
Absolutely totally 1000 percent correct, but will not have to wait until 2025. What is wrong with that???? Nothing. People think Martians are coming

Since: Jul 11

Location hidden

#521 May 1, 2012
peter tucker wrote:
You are just in a different world pal and boy...it is out there. Look at the skyline of Shanghai!!!!! Larger, taller and bigger than New York. You get your information from Brown Shirt Bubble Gum. Fastest growing economy in world. Xenophobia..look it up dipshit
If you could only leave your trailer that you call "home" for a few weeks and travel, try going places over the border. Dumb shits. Have you been to Dubai? Nice buildings, with ONLY 12% occupancy rate and someone forgot to install crap drains in these wonderful buildings. So, no matter what you think is real, reality is not your forte.

Ignorance loves company.
peter tucker

Lansing, MI

#522 May 1, 2012
You can't even find your way to bathroom. Go perform oral sex on your pal Broad. From what I hear....drinking sperm has cured your 14 yr old zits. I am tired of trying to reason with barn doors like you. What is your mommy cooking tonight???? Does she know you are using her computer???? And no....it is not normal to walk around in her heels, with a bloodt tampon tired around your head
61 PERCENT OF THE DEBT

Scranton, PA

#523 May 1, 2012
Marco wrote:
<quoted text>
Funny, after China reported auto sales went up last fall “2011” the gasoline sales never increased...???- THEN warehouses were found filled with autos so the auto sales numbers could be "printed and look great" to the rest of the world. This is the hand that China shows the world all the time. Cities are being built with no occupation.
China has been and will continue to blow smoke up the world’s ass. The cracks are in the walls and water is coming in and even with over 1B population not enough fingers & toes to plug the holes!
http://www.dailymail.co.uk/news/article-13395...
dummy its not China reporting auto sales... its the Car companies like BMW reporting it
61 PERCENT OF THE DEBT

Scranton, PA

#524 May 1, 2012
David Cheever wrote:
<quoted text>
If you could only leave your trailer that you call "home" for a few weeks and travel, try going places over the border. Dumb shits. Have you been to Dubai? Nice buildings, with ONLY 12% occupancy rate and someone forgot to install crap drains in these wonderful buildings. So, no matter what you think is real, reality is not your forte.
Ignorance loves company.
why do you keep asking where people have been I can tell you have never been anywhere yourself...
61 PERCENT OF THE DEBT

Scranton, PA

#525 May 1, 2012
these americans ...such loudmouths...

.
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Astounding Facts About Fed Treasury Purchases

By Chuck Butler
leadimage

04/05/12 St. Louis, Missouri – The risk assets are still getting taken to the woodshed this morning, and once again, even stocks are getting sold. So there’s nowhere to hide these days from the dollar. Even Treasuries aren’t seeing a steady flow to them these days. So David Freese isn’t the only one swinging a big stick these days; the dollar has one, too!

Speaking of Treasuries, I read a story the other day (Thanks, Dennis!) from last week, which detailed the Fed’s shenanigans in the Treasury auctions. I suggest you sit down for this one. Did you know that the in 2011, The Fed purchased 61% of the total net Treasury obligations that were issued? Prior to 2008, the amounts that the Fed would purchase were negligible at best!

So remember when people that should know better would spout off about how the rest of the world doesn’t care how much debt the US builds, because they buy all our debt? Shoot, even former Fed Vice Chairman Alan Blinder said,“If you look at the markets, they’re practically falling over themselves to lend money to the federal government.”

And don’t think for a minute that the foreign buyers/holders of Treasuries aren’t noticing what the Fed is doing. Foreign purchases of US Treasury debt fell to 1.9% of GDP in 2011, from 6% of GDP in 2009. And it’s not just foreign purchasers of Treasuries that are taking notice. Here in the US, the private sector (banks, mutual funds, corporations and individuals) has reduced their purchases of US Treasury debt to 0.9% of GDP in 2011, plunging from 6% of GDP in 2009.

And that brings me to this conclusion, folks. US Treasury yields have been pretty constant during all this. But so too was Greek debt, for 10 years, while the Greeks failed to get spending under control, and then the Minsky moment came for the Greeks when the markets realized the size of the debt in Greece, and we all know what happened to Greek government bonds then.

Don’t think for a moment that it can’t happen here. And everyone, needs to repeat after me:“The market demand for US Treasury debt is NOT limitless!”

That goes for any country, too! Which is why Spain had a problem with their auction the other day, and why yields in the peripheral countries are much higher than in Germany.

So how does Japan get away with their soaring debt? Well, for the most part, the debt issuance in Japan is funded by the Japanese — not the Japanese government, but the Japanese private sector (see above for description). But how much longer can that go on? Remember, that demand for debt issuance is NOT limitless!

Read more: Astounding Facts About Fed Treasury Purchases http://dailyreckoning.com/astounding-facts-ab...
61 PERCENT OF THE DEBT

Scranton, PA

#526 May 1, 2012
For the full year, BMW sales rose 14 percent, to €68.8 billion. All three of BMW’s car brands — BMW, Mini and Rolls-Royce — reported big sales increases.

The company sold a total of 1.67 million automobiles. Sales in the United States rose 15 percent, to about 306,000 vehicles. In China, sales rose 38 percent, to 234,000 cars.

http://www.nytimes.com/2012/03/09/business/gl...

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