Home / Asia

The Phony Ten-to-One Headlines: Ignore Them.

Written by Gary North on August 27, 2013

The news media suffers from hyper-inflation. We can see it in the headlines. Here’s a recent one: China Will Invest $1 Trillion Globally; How Much Will U.S. Get? But when we read the article, we are told this: According to author Orville Schell—who has lived in China off and on for more than 40 years—China […]

Continue reading →

Taper, Taper, Bubble, Bubble, Pop, Pop

Written by Gary North on August 26, 2013

This is a typical media story on the possibility that the Federal Reserve may not stop counterfeiting as much money in September as it is today — a position I have repeatedly maintained. The basic assumption is this: the world’s stock markets are governed by fears of FED tapering, and little else. Asian stock markets […]

Continue reading →

Asians Buy Gold. Westerners Sell It.

Written by Gary North on August 20, 2013

The fall in the price of gold since 2011 has been a bonanza for residents of China and India. They have steadily increased their purchases of gold this year. Gold ownership is moving east. These traditional gold owners prefer to hold gold in the form of jewelry. Indians especially are gold owners. Fathers buy gold […]

Continue reading →

Inflationary Boom in China Creates a Bubble Real Estate Market

Posted on August 14, 2013

China’s phenomenal construction bubble, driven by local governments that must keep their economies growing, no matter what the costs, and funded largely by state-owned megabanks, has led to an equally phenomenal misallocation of capital, overbuilding, waste, ghost cities, empty shopping malls, and recently: an epidemic of shuttered luxury department stores. The ghost cities and dead […]

Continue reading →

Investing in China: The Story Behind the Story

Written by Gary North on July 15, 2013

If you had invested in China’s brand-new stock market in 1993, how much would you have made? Ten to one? Less. Five to one? Less. Two to one? Less. You would have made 1% a year. Yet Chinese who live in in cities are vastly richer today than in 1991. In China, the system pays […]

Continue reading →

Asian Stock Markets Plummet.

Written by Gary North on June 24, 2013

Asian stock markets have all fallen in recent days. There is a growing fear that the People’s Bank of China, the nation’s central bank, will continue to tighten money. This has driven short-term interest rates higher in China. This is a classic sign of the beginning of a recession. China’s statistics are sufficiently rigged, so […]

Continue reading →

Oil and Natural Gas Prices Continue to Fall

Written by Gary North on May 27, 2013

The decline of oil in response to falling manufacturing figures from China will continue to pressure the Consumer Price Index down. The price of natural gas has also fallen. This is good news for consumers. The CPI went negative 0.4% in April. The Median CPI, which is less volatile than the CPI, went up by […]

Continue reading →
Page 5 of 9« First...«345678»...Last »