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China’s Vast Amateur Spy Network: Kiss Patents Goodbye

Written by Gary North on September 23, 2014

patents

The patent system is hopeless. China can violate it daily, and does. China can violate it systematically, and does. The FBI cannot stop this. Nothing can stop this. But if the Chinese can get away with this, it means that NSA and the entire domestic spying network is hopeless, too. The American public is oblivious […]

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China’s Housing Bubble Has Popped

Written by Gary North on August 27, 2014

china-bubble

Those trusting souls who arrived late to the biggest housing bubble in history have lost a lot of money. They are going to lose a lot more. It’s here at last. Pop. Writes MarketWatch: In one case, scores of property owners surrounded a Shanghai sales office of Greentown China Holdings Ltd. 3900, +8.58% GTWCF, -33.19% […]

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China’s Cement Shoes: The Crash Is Inevitable

Written by Gary North on May 15, 2014

chinese-flag

The Chinese government is run by a bunch of old Communists who grew up under Mao. They believe in central planning. They sent their bright young men to study economics in America’s graduate schools. These young men came back Keynesians. The Chinese economy today is a mad mix of free market entrepreneurship, central bank counterfeiting, […]

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Ukrainian Troops March To Regain Control Of Eastern Regions

Posted on April 15, 2014

ukraine-violene

Ukraine’s acting president said Tuesday that a military operation to wrest control of cities in eastern Ukraine from pro-Russian militants has begun. Oleksandr Turchynov said that the “antiterrorist” operation began in the early morning hours in the northern Donetsk region, where the majority of the cities commandeered by pro-Russian forces are located. “Overnight, an antiterrorist […]

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G-8 Down To G-7 As Leaders Exclude Russia From Meeting On Sanctions

Posted on March 25, 2014

G-8

The world’s top industrial powers threatened further sanctions to deter Russian President Vladimir Putin from taking over other parts of Ukraine and suspended Russia from participating in the Group of Eight. Meeting for the first time since last week’s annexation of Crimea by Russia, Group of Seven leaders said last night they won’t attend a […]

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New Clue in Case of Missing Malaysian Jetliner

Posted on March 19, 2014

Malaysian-Airliner

Ten days after a Malaysian jetliner disappeared, Thailand’s military said Tuesday it saw radar blips that might have been from the missing plane but didn’t report it “because we did not pay attention to it.” Search crews from 26 countries, including Thailand, are looking for Malaysia Airlines Flight 370, which vanished early March 8 with […]

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Crimea Passes Vote To Secede From Ukraine, Likely Will Join Russia

Posted on March 17, 2014

Ukraine-Crimea

Russia gave its clearest signal yet Monday that it plans to move fast to annex Crimea, defying U.S. and European threats of sanctions a day after a referendum in the breakaway Ukrainian region to secede passed handily. The Moscow-backed leadership of Crimea wasted no time in formally asking to join Russia following the hastily called […]

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Crimea Crisis Cools Off, Stocks Begin to Rally

Posted on March 4, 2014

Crimea-Standoff-Cooling

Russia’s ruble rebounded from a record low while stock-index futures in the U.S. and Europe advanced after a report that President Vladimir Putin had ordered troops back to bases after military exercises concluded amid tensions in Ukraine’s Crimea region. Gold fell with oil. The ruble strengthened 0.7 percent against the dollar at 7:23 a.m. in […]

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Market Takes A Dip As Ukraine Crisis Escalates

Posted on March 3, 2014

Ukraine-Crisis

Wall Street was setting up for a tough session on Monday, with U.S. stock futures under pressure as investors moved out of perceived riskier assets following a weekend of escalating tensions over Russia and Ukraine. Futures for the S&P 500 index fell 19 points, or 1%, to 1,838.90, while those for the Dow Jones Industrial […]

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