A, Bowen Headline: Sub strong: the rich, domestic demand has started to consider the poor
the excerpt: In fact, the majority of the strong domestic demand in the low-income groups, certainly not as simple as a few trillion, but, due to no money, These requirements became project, one could come up with some money to things that are not practical, and secondly, to the small number of faith is not strong chance of leading cadres of corruption, and even some outstanding cadres mmm corrosion highway repair them, a group of cadres, the lessons of fallen is nothing less than profound.
send money directly to the natural just wishful thinking, no government of China since ancient times to the tradition of sending money to the people, at most, is the opening, and food. really want to send money face many operational problems: first, Do not set the threshold to the problem, even if the threshold set, inevitably a few people do not consciously: driving a BMW to apply for affordable housing to those who will not let such an opportunity. Another thing is how to pick up the money, and everyone directly to withdraw cash works too, if the grade distribution, but also inevitably have been plucking geese.
course, we may not really want to direct the government to send money, just hope that in the formulation of response to can help people more from the basic point of view, rather than to the pursuit of busy.
Comment: there are two markets in China Town, one of the rich supply of daily necessities are expensive stores and supermarkets, the other is low for the poor farmers market, trends in these two markets reflects both rich and poor sectors of China's spending power fluctuation. In two years the inflation experienced the baptism of thin people achieved great wealth, the two market situation can be said to have not optimistic, the status quo is rich in face stock and property markets, property investment on the City and other winter situation, the rapid decline in spending power, some of the basic consumption of the rich farmers market turned up low-cost, leading to high consumer prices farmers market, resulting in end stranger in the city poor people unable to maintain the livelihood of farmers have returned home to survive, but even back to the village poor, rural areas dependent on the weather face of modest income, can be said that no chance exists the opportunity to change the poor, to the extreme poverty may be an inevitable thing. But rich city but can only be cheap for them to enjoy the convenience of farmers market, but also in the consumer market due to shrinking under the impact of discount stores and supermarkets in the continued prosperity of their lives, so rich As early as the beginning of inflation, domestic demand has started, while the poor have to face the oncoming economic crisis, can be said that there is no guarantee the basic livelihood of all, the four-trillion stimulus package for the poor Quedui Love is still the forgotten corners, because the stimulus out of the roads, railways, ports, airports, steel, cement, buildings and the like seem to have nothing to do with these poor people, it is more likely to already be wealthy merchant class and officials from the national crisis wealth of opportunities, living in vulnerable and often inaccessible to the poor. Indeed, three decades of reform and opening to allow some people get rich first, they have been there enough to live comfortably on the floor, the luxury car life, and now the Government should consider these still be living have no place to hide to catch the interest of poor people, leaving poor countries can also share the economic benefits of development, this is a fair society, otherwise, gap between rich and poor lead to social injustice is too large will be a great social cost, harmony does not arise out.
II, CMP Kwong Chi.
1. Rogers even behind China: U.S. hegemony can not be maintained - concern for the fate
excerpt: Rogers in an interview with U.S. media also predicted that the dollar will depreciate and lose its supremacy as the world's foreign exchange reserve currency status. is Thanksgiving in the U.S. to the reporter before Rogers that the United States recently passed tax incentives, funding a series of rescue Citigroup, short-term bounce, but the future will soon be devalued dollar, and lost its foreign exchange reserves in the world's dominant currency. Rogers predicted that many countries including the United States seal notes, future global inflation will be more serious All raw material prices will continue to rise. For the future of the United States, Rogers outspoken about their concerns, br> Rogers said in mid-October of this year, he has begun to enter the commodity index, while buying Chinese H shares, B shares and S shares and buy shares in the Taiwan market. concerned about agriculture. now the price of sugar has fallen to less than 80% of high, low prices attractive. Increased demand for ethanol fuel, a large inflow of funds into the market made of sugar, sugar prices continue to rise over the past two weeks.
Comments: As a successful speculator Rogers is very clear what the United States to rescue the U.S. financial oligarchy who merely big dividends only, does not help the U.S. economy, so he saw the dollar and the future of the U.S. economy also normal. and blow by the crisis facing the world economy is full of green trap, only China is still red flag fluttering, Rogers is for holding hot money to China to make money is be the best choice.
3. addicted to Sino-US friendship is bound to fall into utter hell - concern for the fate
excerpt : In China, there are some people on American democracy, American-style human rights, freedom of Chuaizhuo admiration and appreciation of American attitudes, these people are always hungry Americans to treat themselves, but can not see the Americans committed in the Middle East heinous crimes, Americans are split on our territory and curb the rise of the misdeeds of turning a blind eye, but also wishful to expect the U.S. to open Sino-US friendship, despite the many economic interests between China and the superposition of the two countries, but the existing ten hostile situation, the United States in the future will be taken the trouble to create trouble and chaos to China, if the rhetoric of people in the United States does not keep a clear head, and if the interest paid decoy in the United States under the Chinese people do not stand firm, if stubbornly addicted to American people lost in the United States hold high the dance mistakes the former Soviet Union, a small gain but loss of righteous greedy sinners.
3. why China would rather not give people the dumping of foreign benefit - concern for the fate
Excerpt: hiking shoes arrived in mainland China production After the price of U.S. $ 1.5 will not be higher than that. If the deduction of shipping and customs, China factory price of exports only about $ 1.3 or so. This pair of hiking shoes produced in mainland China's renminbi and the U.S. dollar equivalent to the current exchange rate, approximately less than ten yuan.
I am very surprised and very shocked. I called an economic officials in Beijing, I asked him ?, more than a thousand pieces. you are all-inclusive, and transported to the mainland to sell, make money. left at a crossroads, and is the crossroads edge of the cliff. the one hand, China has become the world's major exporter, but on the other hand, China has become an expensive commodity countries. On the contrary the United States but because of Chinese exports into the world the best shopping, the world must come to the U.S. procurement of goods. Is this not a reversal of the world? China as a result of separatist and local protectionism, commodity costs have seriously hindered the development of commodity economy. the same time, disregard for the people and trade unions, the results of the working class to form a disadvantaged group, not a worker's salary increase, domestic demand can not be extended, and public ownership of land has also caused interest groups of mineral resources are free to occupy, not properly reflect the cost of resources, Chinese enterprises as a whole There is no comprehensive legal protection and fair justice system, the result is rather low export their products, domestic sales are unwilling to take risks.
In addition to on arbitrary charges, price hikes, business fraud to be eradicated, as Consumer relaxed. The judge for the circulation of the bottleneck if indeed cut misses the mark, but America's Our reference to U.S. income standard software, to sell our business in China is made in China it is still the standard by reference to U.S. income shoes, but our income is the income standard in China, and the United States than with your standard rich My world of difference between poverty, we can see ������ѻһ���, but after careful analysis, they find the price and income is in fact nothing to do things, even if the goods produced in China through the layers of the skin stripping can not be cheaper after the people do, how to solve the worries brother of the drawbacks listed issues is worth considering the individual that our legal system should be robust, with the interests of legal weapons to those forces destroyed, But, government policy is of no avail, ultimately, into a policy, under policy, at most, one place to another according to an official of the deadlock in to.
4. Shen Xiaojie: benefits the country to drop prices to maintain growth
excerpt: national policy recommendations: to the people of affordable public housing as the current economic development can be the strongest anchor
6.5 trillion in GDP growth and more than 3800 million people in employment
if the housing industry to develop the national strategy as ; maintain growth, control inflation, years to achieve the double in 2020, up to 35 square meters of housing per capita well-off;
year to provide 38 million new jobs, sharing of social harmony to create the best job matching and smooth;
facilitate the integration of urban and rural housing support the country can save the housing land intensive seven Qianwan Mu;
, to secure public housing can be The concept is that most people at least point to the people, when the majority of people to solve the housing problem, dare it be possible to increase consumption, or, in the high-priced real estate under the weight of, people Shangqie loan is less than, what about spending? < br> 5.BBC: British Prime Minister, the British spokesman said the plan did not join the euro
excerpt: According to the British Broadcasting Corporation (BBC) television station reported that British Prime Minister Gordon Brown (Gordon Brown) spokesman said on Monday that Britain did not join the euro zone plan. BBC quoted the spokesman as saying that Britain's position on this issue has never changed, the British did not plan to join the euro, the euro does not intend to change the treatment position on the issue.
European Commission (European Commission ) President Jose. Manuel. Durao. Barroso (Jose Manuel Barroso) said Sunday that the financial crisis, the United Kingdom is considering joining the euro.
Comments: the euro area has finally started on the British traitor Euro launch an attack, it seems the collapse of the euro will come.
6. WASHINGTON: California Governor Arnold Schwarzenegger will declare fiscal emergency access
excerpt: According to the local time, Governor Schwarzenegger will be meeting from 1 to open the state legislature formally declared state of emergency in California into the financial.
Schwarzenegger will declare that this measure is due to California's budget deficit has reached $ 17,000,000,000 He also stressed that the financial difficulties will need to tax increases and budget cuts to solve. One solution, Schwarzenegger will propose three years, the California temporary sales tax increase.
As in Parliament, the Republican state Members want to sell products to solve the financial crisis the state, the state named products including the sale of the Los Angeles Coliseum; and Democratic members are proposed to increase the tax burden on California's most affluent population.
Comments: high debt finally state the verge of bankruptcy, began to sell assets to survive, and this interest to the Chinese who Jigong good local government sounded the alarm, but even the nearly bankrupt U.S. state government did not produce the idea of selling land to survive, while the other hand, crazy China's local governments are to shift the sale of land as the preferred tool for accumulating wealth, because they sell is the country's land, and bring their own money, really sad.
7. The Wall Street Journal: Paulson seeks to expand market in China Access
excerpt: Treasury Secretary Henry Paulson (Henry Paulson) leave for Beijing on Tuesday to attend the final round of his trade talks with China. His
A major goal is to persuade Beijing to more market to Wall Street access opportunities. However, in current circumstances, to achieve this goal than at any time
more difficult.
in the U.S. market by the high-risk mortgage-backed securities as well as pressure from the situation of the U.S. economy into recession, the abalone Mandelson on Western investment banks, insurance companies and other financial institutions
will bring economic growth point of view is likely to run into a wall in China.
Comments: will become the past tense of the U.S. Treasury to return to Beijing has two main purposes a, First, I hope appreciation, second is that China opened the door to finance, it is estimated that these hopes can only hope, because one is bound to destroy our export industry, second to China's weak financial sector in the Western powers partition of the object, which is unacceptable to us.
8. First Financial: the rapid expansion of the Fed balance breaking 3.5 trillion
excerpt: Last week, the Fed announced three new bailout measures, will balance sheet of the Fed to add about 800 billion U.S. dollars, the New Deal followed by money market investors, financing plan (MMIFF) after the launch (already implemented), so the Fed will eventually break the balance sheet size of over 3.5 trillion.
To reserve interest: the revolutionary policy of the Federal Reserve banking system
large reserves to increase, the Fed's assets can only expand indefinitely with sufficient flexibility, in fact, be able to benefit from the Fed in early October after the preparation gold interest, which eliminates the Fed's own balance sheet restrictive. with the words, through the payment of interest on bank reserves, the Fed expanded liquidity facility obtained without the flexibility of hedge reserve.
Comments: master the power of the Federal Reserve printing the world currency debt surge, which are in recession, the dollar dilemma, it can be said to be worse, but it seems to completely ignore the danger and continue to US-style financial innovation game, even to create a reserve fund to pay for the interest model, which will inevitably open the door for India U.S. bad, so the Fed printing money injection without hindrance, and by raising interest rates to limit the dollar as the release paper, it appears that inflation has been nearly universal In the eyes of the world will once again be further exploited by the dollar can not avoid things.
9. World News: account, have a good count, China trillion investment beware of potential problem
excerpt: trillion big investment , at least have three concerns. look at the economic level, it is first and foremost concern is a has been reduced, large investment is not ruled out issuing treasury bonds to increase the budget deficit. local government, the purse has long been tight, in addition to local debt all the way to the central place to relax, the natural impulse is to increase taxes, expand the sale of land, foreign investors yanked . As for the private sector may now be dedicated to the less than normal, mostly wait and see. account, have a good count.
As for the growth under a large investment into the fear of deflation can be eliminated, but in the coming year will create a new round of inflation, this inflation is not good and good control, there are question marks. Another potential problem is the large investment projects project. Central hopes to build the infrastructure to human development, to effectively stimulate the economy. but the local, there will be local thinking. The biggest problem is not the place can not have a tacit understanding with the Central, but tried to prevent overheating of the economy where , the pressure of excess capacity, by the Central rejected the project, a repeated on. over to send teams of people to Beijing to hot, herd. The central investment plan, said two weeks into the grass, the drafters did not expect so soon approved and launched, and the local follow-up, also 10, to hot days. will The new building will not repeat, will not reproduce the excess capacity, will come back an overheated economy, the problem long list.
also worries reflected in the political and social dimensions. With such a huge investment plan, in the face huge investment enthusiasm in the political and social level, at least three major worry, worry about the first significant increase in corruption and bribery, in the style is not correct, the official style is unclear, the lack of supervision, a large investment in all aspects of the project are likely to go wrong. No wonder people said that the new group of easy, will take a series of to the public to pay the cost of the blood and lives.
Comments: four trillion to stimulate the amount of more than 16% percent of China's GDP is not what a small number, if the Government does not afterwards, so I do not believe, but I think that this plan is the result of careful calculation of the various interest groups, after a redistribution of national wealth, the program fills only the name of the banner to stimulate the economy, so, of the three major interest groups concerned entirely in the calculation, the fundamental nothing to worry because it will definitely happen.
10.21 century: the world out of crisis and have to rely on manufacturing
excerpt: country in the world has never occurred in history. This will give the Chinese great power and great responsibility, also called China's growing participation in world policy and to fulfill the corresponding responsibilities. .1996 universally recognized economic experts during the years he served as Prime Minister of Italy, the implementation of fiscal austerity, succeeded in bringing Italy into the first group of euro countries the list, and has won widespread praise.
Prodi: After the outbreak of the crisis, the World return of manufacturing industry in general about the economy, social policy seems to be inclined to promote economic growth, which may lead to developed countries, protection of national industry. the United States over several decades of growth in consumption pattern of production growth can no longer continue, high consumption policy be adjusted to improve the savings will be supported. This will give the Asian and the Chinese economy is very big impact.
to the world economy out of crisis, the first is to solve the problems faced by massive unemployment, which must rely on the manufacturing sector.
However, I personally do not think the world will return to trade protectionism in a big way. but does not rule out that some countries introduced in disguise, as in the name of environmental protection and labor protection under the protectionism, but I do not think there will be significant direct to raise import tariffs as a means of trade protectionism. After all, countries in the world of global economic integration is inextricably linked to the next together. This is growing pains, the crisis will lead to worldwide changes.
In short, it will improve the environment in the labor policy and make an issue of additional costs, the trade protection. This is worth close attention and concern of China.
Comments: I always insist that the world's manufacturing center in China is our greatest resource, which we address future The most important weapon of inflation, but so powerful interest groups in the face of the weak manufacturing sector is insignificant, and even banks are at arm's length of the object, so, China's manufacturing industry has lost its glory, and become eager to get rich the object of interest groups encroachment, declining only a matter of time. simply an example, the international oil price has fallen below 45 U.S. dollars, but prices are still strong petrochemical planes, so that the already fragile industry continue to bear the monopoly of the exploitation Therefore, in 2009, can be used to describe the unemployed.
three, sharing blogger.
1. Scarecrow Daily fable mm
excerpt keep optimism: the height of summer, heavy rain poured.
live in small villages downstream have been a calamity.
increasing water level, close to the river village home, the table has been drifting up.
live in the height of the hundred families could not help but panic, twitter discussions will be drowned with.
this time, people heard the mayor shouted: ; village head, you know how much rain the next upstream? , and China is still not immune to blind optimism, and finally, only large and useful work, are we stupid enough to plant the crops destroyed by the flood Well wait?
2. Su Yu: The stock piece of paper, stuck with a lifetime
Excerpt: The stock piece of paper and worked hard all my life. share a piece of paper, regret for life. shares a piece of paper wealth for life. share a piece of paper, poor lifetime. share a piece of paper, and vowed a lifetime. shares a piece of paper, happy life. a piece of paper stocks, suffering life. shares a piece of paper, to destroy life. shares a piece of paper, stuck forever.
Comments: A paper of Su Song brother's stock reflects investors all living creatures, so that wide range of investors can find themselves image, and one taste of their own experience the only shareholders
3. green beetle: The Pursuit of Happyness
excerpt: Here on this blog repeatedly, continuously urged people to stabilize Chi Chou, because the big end already created in my eyes. For investors, happiness has been violently struck the door of your house! However, you still think that is the devil tempting you out.
The Pursuit of Happyness, we In fact, the open mind should boldly meet it, instead of refusing!
Comments: Mr. Green beetle has been completely transferred more, he thinks A shares has come to the big end of the next fifteen years, and called for early participation in retail as early as now to be the timing of benefits, and personal point of view, the bottom should be relatively practical only after several rounds of shuffling can suppress the formation of the most important thing is bound to affect the trend of the renminbi in the direction of international hot money, the third consecutive day of RMB devaluation of the way down limit will inevitably force the hot money to flee will increase, the stock market rises and falls are likely to increase among the best market opportunities should be after the RMB to clear. First, if the RMB continues to depreciate, the stock market will have a significant rebound , the stock market to create opportunities for the hot money out, but then the chance of possible big crash. Second, if the firm or the appreciation of the renminbi, the stock market may fall into upside weakness, no one to turn down the shock city, Nothing worth mentioning. The retail Qiaokai Men or crazy bear the Mavericks after the initiative in the retail, the door is something that only God knows.
above are for reference only.
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