Subject: jyi # 49A Women Rule The World

Sent: Sunday, January 15, 2012 9:47 PM

Subject: jyi # 49A Women Rule The World

Sent: Thursday, January 12, 2012 10:41 PM

Subject: jyi # 48A Women Rule The World

jewsyonkersislam# 47A Women Rule The World

jyi # 47A Women Rule The World

The feminine (x), through the collective feminine (all the x-es in women [xx] and men [xy]), rules the world. But the feminine, woman, does so through men. When men are not being men, but -like today- ever-lazier, irresponsible, effeminate and emasculated, you can bet that the collective feminine is at work. Both reacting against such and causing it to worsen -by making women try to become men and making more men and women "become" gays, lesbians, bisexuals, transgenders and worse- for its own purposes.. The GLAAD... group (along with ALL men and women, to a greater or lesser degree) can well be termed -in today's politically correct terms- sexual-identity challenged.
Below is a continuation of a sub-series on my blog (jewsyonkersislamiii-tc. blogspot.com)
subtitled : U.S. decline endangers others
Further below are comments on today's news and some articles, AS I HAVE EDITED THEM , including some excerpts from my journal, my blog or my musings of more than a few years ago. And a critique of today's news
U.S. decline endangers others ; U.S. no longer a land of opportunity; China's Epic Hard Landing; S&P downgrades 9 more European nations ; MORGAN STANLEY FALLS BUT STILL SAYS ECONOMY IS GETTING BETTER - SUCH NONSENSE as it stands to lose $5 billion in Europe alone
1-13-12
AS A TRAUMATIC BRAIN INJURY (TBI) SURVIVOR, I SEE BACKWARDS, I SEE FORWARDS, I SEE... AND I SEE ALL AT THE SAME TIME BECAUSE SUCH "FLOWS THROUGH (ME) LIKE A RIVER". IN TRUTH, WE NEED A TOTALLY NEW, WORLDWIDE, ECONOMIC SYSTEM. WE NEED TO DO AWAY WITH THE FEMINIST-FAGGOT SHALLOW AND SELFISH CONSUMERIST ROT THAT IS HEADING THE HUMAN RACE TO NEAR-TERM EXTINCTION.
New York Times (NYT), B6, B5 Britain is already in a recession as 9 other European countries credit rating is downgraded. Collapse is occurring even though our leaders -all kinds- say things are "improving". Debt sales for Spain and Italy improved yesterday and today almost all major countries in the Eurozone were downgraded. Who is telling the truth here - and who is playing games ? And for what purpose ? In the US "labor and retail reports show economic slippage (which has been slipping for months now) and modest shopping season". Yet we still have foolish people saying that things are "improving". Indeed, "core retail sales" fell in December.
NYT, A16, Journal News (JN), 14A No snow in NYS and the skiing and "winter" industry is destroyed - all a result of the oil, gas, coal, chemical...industries for causing global warming. One quick -though inadequate- fix is to remove methane gas and soot from the emissions which would probably also save millions of lives. EPA calls for tougher fracking rules ? We should not be fracking - anywhere.
JN, 15A, NYT, A23 "Student's social health...(For them to become) well-rounded adults...(they must be) taught to be responsible, to behave appropriately". But such can not be done unless and until we destroy the feminist-faggot nonsense that boys and girls, men and women are "equal", unless and until we have adequate common goals. "CEO in Politics" is all about what makes great leaders great. Now, as a TBI survivor, I am loaded with disabilities and limitations. Briefly put, I have beed diagnosed with Organic Delusional Disorder (ODD). That I am odd, I have always been aware. Of the fact that I am a sneaky SOB I am also aware - including the fact that I am often fooled by my "self" that is not just me. But I also have all the attributes great leaders are said to have. "Emotionally secure" ? Nothing ever stays the same in my mind for more than the blink of an eye and I am always being put in my place by something that is a conscious part of me and myself. Was I raised in an aristocratic family ? Was I brought up to be and become a leader ? Am I a Plantagenate as one English lawyer once called me ? My father was a hard working Irishman, a US Marine Corps veteran who stormed the beach at Iwo Jima, Tarawa...and came home to become a lawyer, a lieutenant in the NYPD Intelligence Bureau (BOCES), Chief of Security at Fordham University... ..Did I go to an elite Prep School ? Fordham Prep is rather "elite" and it instills "a sense of obligation and responsibility" in its students. Do I have "superb political judgement" ? Read my blog and judge for yourself. Do I have a "subtle feel for the texture of (my) circumstances" ? Once again I refer you to my blog (of which this is part) and I note another TBI disability. It is one that tends to make me quite opportunistic, but one that I balance with compassion. Do I have a "compulsive desire to be around people" ? Do not doubt it although I am always plagued by "overconfidence" if I am too much assaulted by people. Have I "experienced crushing personal setbacks" ? Quite often as a matter of fact. And these have given me a "sense of sympathy" and daily "personal contact with frailty (my own)" which has worked to make me "resilient when things go wrong (as well as aware of)...how dependent on others (I) am". In one sense, I am "modest because I have (and continue to feel) weakness (But I am fiercely) aggressive because (I) know how hard it is to change".
1-14-12
ECONOMICS, POLITICS, HONOR, RESPECT, SELF-ESTEEM -INDIVIDUAL...NATIONAL- ARE ALL BECOMING FUSED TOGETHER... AND EVERYBODY IS LOOKING FOR SOMEONE ELSE TO BLAME FOR THEIR PROBLEMS WHETHER OR NOT THE ONE BLAMED IS, IN FACT, AT FAULT.
NYT, A1, A20, B1, B6, B? J.P.Morgan...is on the way down ($5 billion in losses from Europe alone...). The "US trade deficit" widened quite a bit so the estimates and projections of the past will have to be adjusted downward. Moreover, in addition to "estimates" and "projections", polls cant be trusted, for the usual reasons -about how the questions asked produce the answers the pollster wants- and because things change radically every day today, and no poll can keep up with them. More than half of the Eurozone countries have now been downgraded and their borrowing costs have consequently gone up. "French... pride has been tarnished". Political leaders -seeking to put the blame on anyone but themselves- are blaming the ratings companies. What are "markets" anyhow ? In one sense, they are largely guesses about the future that today are all based on feminist-faggot filth, rot, nonsense...and are wrong."Long bleak winter" in Europe ? Balderdash. The European and world situation has been getting daily worse from the time of the original financial collapse in 2008. "Austerity" is necessary because we can not afford anything else. Yet such is likely to lead to worldwide civil wars because we have no adequate common goals that fit the realities of our day. We "know" what we have to do but, because of the current feminist-faggot filth and rot that is our worldview, we can do nothing. "Austerity" is tough and bad but we have no other adequate choice currently. - and ALL must accept their fair share.
NYT, A8, A10 US has "fewer troops in Europe...(to face a) rambunctious Russia". But the truth is that the Russians are facing the same problems everyone else is - they too have no adequate common goals. Tibetans in Gansu (central China) ransack police station. In Saudi Arabia, hundreds of Shiites in the eastern oil-producing province protest the killing of a protester by (Sunni) security forces
NYT, A20, A21, JN, 10A "Abuse risk grows as USA grays", abuse by "those who care for" the elderly. The "fastest growing segment (of the elderly) is those over 85 and the percentage with Alzhiemers or dementia is at an all-time high". Have they lived too long ? Seniors better get prepared to take and live with less (it might even lead to less Alzhiemers or dementia if people did more daily exercise instead of running to doctors...). We all have to learn to live with and expect less material goods. Indeed, "everybody in the country could be a victim and everybody could be an abuser" with our current feminist-faggot ways of thinking, believing, acting and behaving. and our consequent lack of adequate common goals. "Politics of Envy" is about racial politics and the current bullshit about it. Both whites and blacks are to blame. "Income inequality" ? What does that mean ? What is "fair" ? Pres. Obama, a "black" man, is getting a free pass from criticism of any kind because everybody is afraid of being called a racist.
As I see it, he is pretty much an incompetent leader...but I doubt the Republicans are any better. Anyone getting "societal benefits"
-like the use of roads, police...- has a "societal responsibility" to contribute a commensurate fair share, just like any individual has both rights and duties. "Envy" or "opportunity" ? Lets get real. Neither the right (mostly whites) nor the left (overwhelmingly feminists, faggots, blacks...) is right. We need to be opportunistically compassionate/compassionate opportunists. And that includes stepping on deadbeats, black or white.
1-15-12
EVERYTHING IS WORKING TOGETHER AND AGAINST THE FEMINIST-FAGGOT BULLSHIT THAT RULES THE WORLD TODAY, THAT WHICH DENIES THE HUMAN RACE ANY ADEQUATE COMMON GOALS : SURVIVAL PRIMARILY TODAY - SO WE THAT CAN WORK TO THRIVE AND BE AND BECOME CONTENT.
NYT, SR4, N1, N13, N10, N12 Russia faces another possible revolution - it is in the works. In Iraq, Sunni and Shiite disputes are escalating - in increased violence and deaths. European leaders -impotent and incompetent, like all other world leaders- use the debt crisis to push the need for austerity (the haves) or the need for stimulus (the have-nots). Chinese security forces shoot into crowds of Tibetans protesters in Sichuan, Ganzu.... That means at least half of China's land area has active secessionist movements counting the Tibetans, Uighur Muslims... Civil war is convulsing Syria, Yemen, Egypt, Libya...
NYT, SR4, BU5, N1, JN, 18A, Daily News, B5 In the US, 46 million people are on Xanax to combat anxiety, a product of our current "age of anxiety", (since at least 1948 with the beginning of our current bout with feminist-faggot bullshit / the "sexual revolution" and "equality" garbage / and other feminist bullshit of all kinds), all a result of our lack of adequate common goals. "Anxiety" about the environment, nuclear power and weapons, religious fundamentalisms of all kinds and denominations, threats to privacy and the family, druga, porn, violence, terrorism... "Shopping (thanks to feminist-faggot excess and rot has become America's)... national style"/way of thinking and being. "Shopping" has become America's" reaction to "major events in our collective memory". The "Great Depression did not end until World War II began...Confidence building (is a feminist-faggot news media fixation that has generally borne no relation to the real facts, is ineffective and resembles)... polls ( which have never been reliable)...Mental and moral (morale) factors" have always been far more important. Black "defensiveness" has always disgusted me about the truth of and in the larger dysfunctional black community. Indeed, I abhor blacks in prison, on welfare... and the general black dysfunctionalism of today. Indeed I am disgusted with those obtuse niggas. But the white community of bubbas -including feminists, faggots.. in New York....- is right behind them, all a result of feminist-faggot rot. Penn State coach Joe Paterno was too ashamed and embarrassed to speak about the boy who was butt-fucked by a perverted coach working for him - all a result of feminist-faggot perversion... "Israeli women at core of debate on orthodoxy" ? BULLSHIT ! Women in general are at the center of the debate -as is always right, always essential- over the survival of the human right. "Secular anger" ? Feminist-faggot bullshit in fact. Boys and girls, men and women are not "equal". The "role of women" today is to be and become "excluded", for men to be and become real men. Feminism, homosexuality...must be totally destroyed and flushed down the toilet. The "secular" (today's feminist-faggot worldview) is short-term, shallow, selfish and excessively -wrongly- deviant. The "religious" outlook (ALL religions) is long-term and, for today, more survival-prone. However, while study is essential,, so also is productive work and self-defense - it is a mandate from G-D. But "civil or human rights" today are grossly excessive. It is wrong to say "discrimination against women" is wrong because such should really be understood as discrimination FOR women. For "men and women have (different yet complimentary) roles in nature that in modern society have been reversed", all a result of the feminist-faggot rot that the sexes are "equal".

MY JOURNAL/BLOG - LANGUAGE
Morphology is about word-formation. What is a "word" ? There is no universal definition. Many languages lack a writing system, an orthography.
Phonology is about pronunciation.
Phonetics is about events related to the formation of human speech sound (physical production)
The Chinese language, Mandarin/Putongua is fascinating, spoken by 90% of the Han (so-called) people (the name is derived from the Han Dynasty, 206 BC to AD 220) and the Han are 70% of the Chinese population. Mandarin is in the Sino-Tibetan language family and is mainly located in eastern and south-eastern China ALTHOUGH many different dialects (languages really, although all use the same script system - which is very similar to Japanese) are spoken. In southwest China, Tibeto-Karen and Austro-Tai languages are spoken.. Yue (Cantonese) is spoken mainly in Hong Kong. Ural-Altaic languages (Mongolian Japanese, Korean...) are spoken in north and north-eastern China.. The earliest Chinese characters have been discovered on ox-bones and tortoise shells from 1500 BC.
The Ural (Finno-Ugric and Samoyed [north-east Europe and north-central Siberia]...)-Altaic (Turkic, Mongolian, Manchu-Tungus [the north Tungus include the Evenke]...) languages stretch from Scandanavia (and the Kola Peninsula of Russia) to Hungary, the Balkans to the Amur and Sakhalin Island and the Arctic to Central Asia. Manchu and Jurchen (languages and peoples) both became Chinese Dynasties and both were raiders from the north (like the Mongols). The Manchus became the Qing Dynasty (1644-1912) and the Jurchen became the Jin/Chin Dynasty in 1115-1234 AD


MY JOURNAL/BLOG - LANGUAGE
NYT, 6-27-95, C1 Deepest roots of language ; Greek-Latin-Sanskrit (p-Celtic) are mothers of languages as well as daughters of languages.
Indo-European, Afro-Asiatic, Dravidian (southern India), Altaic...are all descended from Nostratic, spoken more than 12,000 years ago
Uralic-Altaic includes Finnish, Estonian, Hungarian...(Uralic) and Turkish, Mongolian, Manchu...(Altaic).
Linguists, geneticists...all work together. Human beings descended from Africans (2 million years ago ?) and all languages necessarily descended from an original language as well.
Euroasiatic languages overlap with with Nostratic, Japanese, Eskimp-Aleut...
Onomatopoeic means musical words combining consonants and vowels in pleasant sounds and thereby hard to forget
NYT, 5-7-96, C1 "Mummies, textiles...Europeans in the Far East" In the Tarim basin (Xinjiang, China), in1200-1000 BC, Tocharian (a language similar to Celtic [Sanskrit] and German as well as the extinct Turkish Hittite language) was spoken and mummies were found who had blond hair and wore plaid (like the Scotch...). And the wheel was apparently introduced to China from the west in 3000-2000 BC. And mummies (5000-2000 BC) have been found that have "caucasian...European features...similar to Irish and Welsh women" today...Linguists, archeologists, historians, molecular biologists...(all work together on this using)...genetic studies, reinterpretation of ancient Chinese texts and art...Cultural (and language) diffusion..." goes both/all ways.
NYT, 1-6-96, B9 Proto-Indo-European includes Anatolian (Turkey...), Celtic Italic (Italian, Spanish, Portuguese, Romanian...), Tocharian, Greek, Armenian, Germanic (Dutch, English), Baltic, Slavic, Iranian, Indic...
Catholic Twin Circle, p.14, 10-30-94 Irish, Scots, Blacks and native Americans have high rates of alcoholic addiction because of genetic predispositions developed in the climatical areas they developed in.
Some important Chinese Dynasties : 960-1279 AD = Song, 1279-1368 AD = Yuan (Mongol), 1368-1644 AD = Ming, 1644-1911 AD - Qing (Manchu)




MY JOURNAL/BLOG
On May 2, 1991, Dr. Bryan McGreal, a psychiatrist at St. Vincent's Hospital wrote a report on the six weeks I spent in the psychiatric ward there (I had entered voluntarily after I was thrown out of the legal profession on suspicion of "mental illness", March-April, 1991). And this is a brief comment on his comments in this report : He noted my "difficulty with impulse control", my "neuro-tremor" -that which I would call "shivers", my "Temporal Lobe Epilepsy" (TLE)-like "seizures"-, that my kind of a case was "very rare" and that I had also had "difficulty with judgement as well since 1963", the date of my TBI. He notes that my thinking appeared to be "disorganized, delusionary and grandiose....anti-black (ridiculous), anti-feminist (most assuredly)...(paranoid because I believed that the) legal system was out to get (me - which it had by throwing me out of the practice of law)". Dr. O'Connell, the head of St Vincent's Psychiatric Division -who I went to see in March of 1990 to please my father- had noted "manic and grandiose features". Dr. Masdeau, the chief of the neurology unit at St. Vincent's, when he did an MRI on my head and neck in 1990, noted that my brain stem was "50 years older" than I am. When I went into St. Vincent's they started me on lithium for two weeks but it did nothing. So they tried ever more potent types of psychiatric drugs -none of which worked either. Dr. McGreal notes that drug tests/ "medication trials were impeded by lack of cooperation". In truth I looked in a book that listed all the side effects of each "med" I took and I had that the next day -nor was it faking. Rather an outrage at the stupidity of ALL psychiatric medications as I'd seen them used as a defense lawyer for more than 10 years. Dr. McGreal also noted "brain stem atrophy", "flight of ideas"......
On 1-13-90 I wrote a letter to Dr. Masdeau, the neurologist, in which I noted "I cant tell you how bitterly I resent all those people who tell me that they know best what I want...I did not come to you for help,. I came to please my father...Yonkers is a good stage (City Council meetings...) for me to attack feminist-faggot nonsense...Psychiatry is a crock of shit...it medicalizes the study and control of human nature...human behavior is fundamentally moral (morale causing)"
MILAN (Reuters) - JPMorgan Chase & Co could lose up to $5 billion from its exposure to Portugal, Ireland, Italy, Greece and Spain, Chief Executive Jamie Dimon said in an interview with Class CNBC, carried in Italian newspaper Milano Finanza on Saturday.
Dimon said the bank was exposed to the five countries (PIIGS) to the tune of around $15 billion.


(Reuters) - The drag of the European debt crisis on investment banking weighed on JPMorgan Chase & Co's fourth-quarter profit, sending financial stocks tumbling even as the bank provided evidence that the domestic economy is strengthening.
Chief Executive Jamie Dimon said the New York-based bank was seeing signs of improvement in credit quality as well as loan demand from corporations and consumers in the United States. (SUCH UTTER NONSENSE)
"We see a mild recovery which actually might be strengthening, and it's broad," Dimon said in a conference call with reporters following the earnings report on Friday (WHAT WAS HE SMOKING ?). "Hopefully, it will add to more jobs. We have seen jobs growing ... it's not enough but it could be self-sustaining."


BERLIN/ATHENS (Reuters) - Standard & Poor's downgraded the credit ratings of nine euro zone countries, stripping France and Austria of their coveted triple-A status but not EU paymaster Germany, (YET) in a Black Friday 13th for the troubled single currency area.
"Today's rating actions are primarily driven by our assessment that the policy initiatives that have been taken by European policymakers in recent weeks may be insufficient to fully address ongoing systemic stresses in the eurozone," the U.S.-based ratings agency said in a statement. (IN OTHER WORDS THE FEMINIST-FAGGOT ROT BY WHICH OUR INCOMPETENT LEADERS -AND WE OURSELVES- LIVE, ACT AND GOVERN IS HEADING THE WORLD TOWARDS DESTRUCTION EVER MORE EVERY DAY)
In a potentially more ominous setback, negotiations on a debt swap by private creditors seen as crucial to avert a Greek default that would rock Europe and the world economy broke up without agreement in Athens, although officials said more talks are likely next week. (ALL TALK AND NO ACTION)
If Greece cannot...bankruptcy in late March,.................
S&P cut the ratings of Italy, Spain, Portugal and Cyprus by two notches and the standings of France, Austria, Malta, Slovakia and Slovenia by one notch each.
.....................................
Germany was the only country to emerge totally unscathed with its triple-A rating and a stable outlook.
French Finance Minister Francois Baroin, speaking after an emergency meeting with President Nicolas Sarkozy, played down (OF COURSE HE'D "PLAY [IT] DOWN" ; THAT IS JUST WHAT ALL US COMMENTATORS DO ABOUT THE US ECONOMY WHICH CONTINUES TO WORSEN DESPITE ALL THE BOOSTING DONE BY OUR LEADERS, ALL KINDS OF LEADERS, WHETHER GOVERNMENT, BUSINESS,. MEDIA...) the impact of Europe's second biggest economy being downgraded to AA+ for the first time since 1975.
"This is not a catastrophe (WHAT DID HE SMOKE ?). It's an excellent rating. But it's not good news," Baroin told France 2 television, saying the government would not respond with further austerity measures.
.....................
Euro zone finance ministers responded jointly by saying in a statement they had taken "far-reaching measures" in response to the sovereign debt crisis and were accelerating reforms towards stronger economic union. (CHILDISH RUBBISH)
Greek negotiators who have repeatedly voiced confidence in a deal in which private creditors would accept writedowns of 50 percent of the face value of their bond holdings said they were now less hopeful, warning of "catastrophic consequences" for Greece and Europe if they failed. (SAME IN ITALY AND EVERY OTHER COUNTRY IN THE WORLD ; LEADERS PROMISE EVERYTHING AND CAN DELIVER NOTHING)
....................
. While both appear to be engaged in brinkmanship, there are also doubts about the take-up rate of any voluntary deal, since some hedge funds have bought up Greek debt and want to be paid out in full or trigger default insurance.(!!!!!!!!!!)
The double blow of the S&P news and the stalling of the Greek debt talks came after a brighter start to the year with Spain and Italy beginning their marathon debt rollover at lower borrowing costs this week.(ONE STEP FORWARD, 10 OR MORE BACK)
The European Central Bank's move last month to flood banks with cheap three-year liquidity helped ease a worsening credit crunch and provided funds which governments hope some will use to buy sovereign bonds. (TODAY, SUCH AN IDEA IS LUNACY)
RESCUE FUND WEAKENED
S&P said the euro zone faced stresses ..............
.....political obstacles to a solution to the crisis due to "an open and prolonged dispute among European policymakers over the proper approach to address challenges."
Austerity and budget discipline alone were not sufficient to fight the debt crisis and risked becoming self-defeating, the ratings agency said.
German Finance Minister Wolfgang Schaeuble played down the news (OF COURSE HE WOULD ; NEITHER HE NOR ANYONE ELSE HAS A CLUE WHAT TO DO, WHAT WOULD PUT THE HUMAN RACE ON A PATH TO SURVIVAL, SURVIVAL SO IT CAN WORK TO THRIVE AND BE CONTENT), saying: "In the past months, we've come to agree that the ratings agencies' judgments should not be overvalued." (BUT THEY'RE NOT THE ONLY ONES MAKING JUDGEMENTS)
France and Austria were at risk because of their banks' exposure to the debt of peripheral euro zone countries and Hungary respectively, as well as the weakening economic outlook for Europe. Italy and Spain face historically high borrowing costs.
The cut in France's rating is a serious setback for the centre-right Sarkozy's chances of re-election in May and could (WILL) weaken the euro zone's rescue fund, reducing its ability to help countries in difficulty.
France is the second largest guarantor of the European Financial Stability Facility, which has a AAA rating. Preserving that status would require members to increase their guarantees, which could prove politically unpopular.(POLITICALLY IMPOSSIBLE)
In their statement, the euro zone finance ministers said they would do all they could (WEASEL WORDS) to ensure the rescue fund keeps its top rating.
After vowing for months to do everything to preserve Paris' top-notch standing, Sarkozy appeared to prepare voters last month for the loss of the prized status before the election. (EVERYBODY MADE PROMISES THAT, IN THE NATURE OF THE WORLD TODAY, WERE NOT POSSIBLE TO KEEP)
His political opponents (ALSO ASSHOLES) pounced on the S&P decision as a verdict on the failure of his policies.
"This is in reality a double downgrade. It is a downgrade of our sovereign rating that will affect the country's reputation, with heavy consequences, and it is also a downgrade compared to our main neighbor, Germany, with which we had equal status up to now," centrist candidate Francois Bayrou said.
Socialist party leader Martine Aubry said: "Mr Sarkozy will be remembered as the president who downgraded France."
It is not clear how far the downgrade will increase France's borrowing costs, since markets have already anticipated the prospect by raising the French risk premium over German Bunds.
"One notch is priced in but not more. The Franco-German spread can widen. It is about 130 basis points for the 10-year bond. The maximum level reached was 180 to 190 basis points and it can go back to this level," said Alessandro Giansanti, senior rates strategist at ING in Amsterdam.
The Making Of China's Epic Hard Landing
Dee Woo, Beijing Royal School | Jan. 10, 2012, 11:27 AM | 2,050 | 17
For the better part of the past year, my concern about Chinese economy was constantly aggravated by the depressing stories of entrepreneurs who committed suicide, fled the country or emigrated to the Western world. Most media have blamed monetary tightening and the cred crunch for these unsavory episodes.(OH WOW, NOT MUCH OF THIS MADE IT TO THE WEST)
The public outcry for the deteriorating conditions of Chinese entrepreneurship.............
Right now the outlook for Chinese economy is rather confusing: .............
1. It's not a liquidity crisis but a structural problem.........
The main overseas markets for Chinese goods — Europe and the US — are both busy warding off recessions, which greatly tightens their purse strings. To make matters worse wage inflation is eating away the comparative advantage of China’s manufacturing industry. All this has nothing to do with monetary policy but rather the structural change of China's economy.

.......................................

2. The undoing of the Beijing Consensus
Monetary policy alone won't fix the structural deficiency of China's economy. The well-being of China's economy is leveraged on the consumption economy of the US and Europe. American and European economic turmoil together puts a massive strain on the demand for Chinese exports. The increasing substantial wealth gap in China has shackled domestic demand so much that it fails to pick up the tab left over by the US and Europe markets. China is now saddled with a serious excess capacity problem,.........China's export plus fixed investment contributes almost 70% of GDP growth since 1999 while domestic consumption contributes roughly 30%. ............
To overcome the current economic malaise, the US and Europe must check their deficit-fueled consumption economies into the rehab. They must increase their chronic low saving rate, produce more and import less. That means the export-led growth engine for China's economy may be gone for good.
(According to Economist Intelligence Unit and US bureau of economics analysis, China will depend on an export-led economy late until 2030.)
3. The consumption-led economy is the only way out
The dire situation in the US and Europe calls for another round of quantitative easing in those areas. With both Japan and UK firmly committed to QE and market conditions deteriorating, the embattled US and Europe will be more and more reduced to monetary aggressiveness. In the end, we will see a global competition of currency devaluation. China will lock horns more frequently with the US, Europe and other export nations over currency issues. The trade tension will flare up.
The only way out for China is turning its economy into a consumption-led one. The other two options are: fight for the overseas markets in vain and be prepared for trade wars; or try to reignite the economy with more wasteful investment and be prepared for a colossal asset bubble and epic hard landing.
4. The outlook for China's inflation and economic bubble
Don't be too optimistic about China's inflation prospect. Indeed.......... China is the world's biggest importer of food and commodity. With the global competition of loose monetary policies, the food and commodity inflation will be persistent, if not volatile. China will face the serious threat of imported inflation and cost-push inflation regardless of whatever monetary policy it adopts. That combined with negative real interest rate and diminishing marginal return in industries will push more and more money into asset investment and speculation. Inflation will be lurking if these structural problems persist.
Overall, there are both internal structural factors and external global factors that contribute to the making of an epic hard landing in China. China will be vulnerable if the US and Europe both unleash quantitative easing. These are things over which China has no control. The best China can do to avoid the worst is to continue painful structural adjustment: marketize the “big four”-dominated banking industry to allow for more efficient monetary allocation; transform the labor intensive, low-value-added economy to a high-value-added knowledge economy; reform the wealth redistribution system to empower the broad consumer base; and honor its promise of a consumption-led economy.
China's hard landing would be a tragedy not only for China but for the world...............”: hedge funds and Fed’s QE2 are not all to blame for all these. China's economy has already stood close to the edge.
While the US enjoys the luxury provided by the dollar’s world currency status and diplomatic alliance with many major trade partners to export its liquidity and inflation, China enjoys none of that. It should look at the dollars in their hands with fear and doubt. The Beijing consensus no longer makes much sense. Pegging a country’s growth to a certain set of policy tools or a certain reserve currency(the US dollar) is equally dangerous. The battle between Keynes and Friedman has long proven the only consensus is to adapt and change. Right now China needs to adapt and change fast. Or else, this will be the best time in history to short China.



Wednesday, Jan. 11, 2012
U.S. no longer a land of opportunity
By HAROLD MEYERSON
The Washington Post
WASHINGTON — "Over the past three years, Barack Obama has been replacing our merit-based society with an Entitlement Society," Mitt Romney wrote in USA Today last month. The coming election, Romney told Wall Street Journal editors last month, will be "a very simple choice" between Obama's "European social democratic" vision and "a merit-based opportunity society — an American-style society — where people earn their rewards based on their education, their work, their willingness to take risks and their dreams."
..................
the idea of America as the land of opportunity has become a farce (BECAUSE OF FEMINIST-FAGGOT FILTH AND ROT). ......... The European social democracies — where taxes, entitlements and the rate of unionization greatly exceed America's — are demonstrably more merit-based than the United States (BUT THEY ARE COLLAPSING NEVERTHELESS).
(EVEN THOUGH THE US IS AN) increasingly sclerotic plutocracy.
...................
Which brings us back to Romney's characterization of our country as a merit-based society and his failure to notice the huge changes in economic rewards over the past three decades (IT IS DISGUSTING WHO GETS PAID FOR DOING NOTHING PRODUCTIVE)............................
Corporate leaders have been rewarded with huge payouts even when their corporation's performance has been disappointing. Conversely, millions of Americans have maintained or upgraded their skills yet seen their jobs shipped abroad or downgraded. Is this a description of a merit-based society? How does it compare with that of mid-century America, when the rewards for work were distributed more broadly? (THE AUTHOR IS A FEMINIST-FAGGOT, STUCK IN A DYSFUNCTIONAL PAST)
Romney and his Bain Capital buddies may view their wealth as the just rewards endemic to successful people in a merit-based society. But why are so few Americans sharing in those rewards today while so many Americans shared in them 40 years ago? (BECAUSE WE ARE DROWNING IN FEMINIST-FAGGOT ROT AND WE HAVW NO ADEQUATE COMMON GOALS) Are most Americans no longer meritorious? Or has our country ceased to reward any but the rich and powerful?
Wednesday, Jan. 11, 2012
U.S. decline endangers others
By ZBIGNIEW BRZEZINSKI
AP
WASHINGTON — With the decline of America's global preeminence, weaker countries will be more susceptible to the assertive influence of major regional powers. India and China are rising, Russia is increasingly imperially minded, and the Middle East is growing ever more unstable. The potential for regional conflict in the absence of an internationally active America is real. Get ready for a global reality characterized by the survival of the strongest. (HE IS TOTALLY RIGHT. BUT WE CAN NOT AFFORD TO DO WHAT WE'VE DONE IN THE PAST)
GEORGIA
American decline would leave this tiny Caucasian state vulnerable to Russian political intimidation and military aggression (AND YET, STALIN WAS A GEORGIAN, ONE TRAINED AND EDUCATED BY THE JESUITS). .............
At stake: Russian domination of the southern energy corridor to Europe, possibly leading to more pressure on Europe to accommodate Moscow's political agenda; a domino effect on Azerbaijan. (WHAT CAN WE DO, ESPECIALLY SINCE WE HAVE TO STOP USING OIL, GAS, COAL...FOR POWER ?)
TAIWAN
Since 1972, the U.S. has formally accepted the mainland's "one China" formula while maintaining that neither side shall alter the status quo by force.............................
At stake: Risk of a serious collision with China.
SOUTH KOREA
The U.S. has been the guarantor of South Korea's security since it was attacked in 1950 by North Korea, with Soviet and Chinese collusion................
At stake: Military and economic security on the Korean Peninsula; a general crisis of confidence in Japan and South Korea regarding the reliability of existing American commitments.
BELARUS
Twenty years after the fall of the Soviet Union, Europe's last dictatorship remains politically and economically dependent on Russia........... give Russia a virtually risk-free opportunity to reabsorb Belarus.
At stake: The security of neighboring Baltic states, especially Latvia.
UKRAINE
Kiev's relationship with Moscow............ The renewal of Russian imperial ambitions.
AFGHANISTAN
Afghanistan is in shambles. .............. In the absence of an effective, stable government in Kabul, the country would be dominated by rival warlords. Pakistan and India would more assertively compete for influence in Afghanistan — with Iran also probably involved.
At stake: The re-emergence of the Taliban; a proxy war between India and Pakistan; a haven for international terrorism.
PAKISTAN
..............majority of Pakistan is still pre-modern, rural, and largely defined by regional and tribal identities. Conflict with India defines Pakistan's sense of national identity (NO ADEQUATE COMMON GOALS), while the forcible division of Kashmir sustains a shared and profound antipathy. Pakistan's political instability is its greatest vulnerability, and a decline in U.S. power would reduce America's ability to aid Pakistan's consolidation and development. Pakistan could then transform into a state run by the military, a radical Islamic state, a state that combined both military and Islamic rule, or a "state" with no centralized government at all.
At stake: Nuclear warlordism; a militant Islamic, anti-Western, nuclear-armed government similar to Iran's; regional instability in Central Asia, with violence potentially spreading to China, India, and Russia.
ISRAEL and the GREATER MIDDLE EAST
America's decline would set in motion tectonic shifts undermining the political stability of the entire Middle East. All states in the region remain vulnerable to varying degrees of internal populist pressures, social unrest, and religious fundamentalism, as seen by the events of early 2011. If America's decline were to occur with the Israeli-Palestinian conflict still unresolved, the failure to implement a mutually acceptable two-state solution would further inflame the region's political atmosphere. Regional hostility to Israel would then intensify. Perceived American weakness would at some point tempt the more powerful states in the region, notably Iran or Israel, to preempt anticipated dangers. And jockeying for tactical advantage could precipitate eruptions by Hamas or Hezbollah, which could then escalate into wider and bloodier military encounters. Weak entities such as Lebanon and Palestine would pay an especially high price in civilian deaths. Even worse, such conflicts could rise to truly horrific levels through strikes and counterstrikes between Iran and Israel.
At stake: Direct Israeli or U.S. confrontation with Iran; a rising tide of Islamic radicalism and extremism; a worldwide energy crisis; vulnerability of America's Persian Gulf allies.