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Beijing 'may be playing risky game in stock rally'
THE Chinese stock market is on fire after a rally sent the benchmark equity index to a seven- year high, but experts say Beijing could be playing a risky game in its bid to revive the economy through a boost to stocks.
After a previous market crash wiped out more than US$3.5 trillion (S$4.7 trillion) from the market's 2007 peak, a new bull run has taken hold. The Shanghai index has more than doubled since the run-up began last July.
While stocks have been gaining on the back of expectations of new measures to spur the slowing Chinese economy, experts say this rally is not without a key cheerleader - Beijing itself. Read More.
Six years after the Global Financial Crisis, the U.S. stock market continues to soar to new heights with nary a pullback or correction. In this piece, I will explain why the stock market is experiencing a new bubble that is actually another wave of the bubble that has existed since the mid-1990s.
A two-decade old bubble? Yes, you’ve read that correctly. Most people will consider this assertion preposterous, but the facts don’t lie. Though the U.S. stock market has been experiencing a bubble for two decades, it will not last forever. I believe that the ultimate popping of this bubble will have terrifying consequences for both investors and the global economy that is tied so closely to the stock market.
The SP500 stock index has more than tripled since its low in 2009, but that doesn’t mean that we are out of the woods. On the contrary, this is the calm before the storm. Read More.
Our Comments The childish fabricated theories of neoclassical economics, that have been driving humanity, economies and stock markets towards a collapse of Jericho's metaphoric proportions and finality, can perhaps be best understood when we bring the real governing ecological, geological and other related sciences to bear, These existential rules cannot be overcome by the silly rhetoric of current economic dogma,nor any of its possible abstract fabrications and outright lies, no matter how many Nobel Prizes, Phds and other laureates you bestow upon these crazy mad men, who still head this truly - "MEDIEVAL CULT."
This video presentation by Charles A S Hall, Ecologist - provides excellent insight into what our real circumstances are and the governing universal laws that we face - who ultimately have the final say in all physical and related natural matters, regardless of our human hopes, beliefs or aspirations. These cognitions are all muted by this absolute context. At the same time, another absolute villain also joins with science,paying little attention to any of our rumblings, rantings - and particularly, those discourses of utter nonsense that were preached, "to so many, by so few," with impunity over the past 200 years.
Exponential mathematics is, of course, the other known outlaw joining these evil scientific laws, who together in concert will permanently and finally push the pathetic rock of neoclassical hogwash over the proverbial cliff, forever. Sadly, but only after orchestrating and inflicting through its teachings, practices and intellectual perversions, unimaginable crimes against the planet and its mostly innocent inhabitants.
Future intergalactic visitors shall certainly be amused by how we built so many statues with so few, if any, apparent natural resources. They shall puzzle and wonder, just as the European explorers once did - " who would cut down the last tree? "
Six years after the Global Financial Crisis, the U.S. stock market continues to soar to new heights with nary a pullback or correction. In this piece, I will explain why the stock market is experiencing a new bubble that is actually another wave of the bubble that has existed since the mid-1990s.
A two-decade old bubble? Yes, you’ve read that correctly. Most people will consider this assertion preposterous, but the facts don’t lie. Though the U.S. stock market has been experiencing a bubble for two decades, it will not last forever. I believe that the ultimate popping of this bubble will have terrifying consequences for both investors and the global economy that is tied so closely to the stock market.
The SP500 stock index has more than tripled since its low in 2009, but that doesn’t mean that we are out of the woods. On the contrary, this is the calm before the storm. Read More.
Our Comments The childish fabricated theories of neoclassical economics, that have been driving humanity, economies and stock markets towards a collapse of Jericho's metaphoric proportions and finality, can perhaps be best understood when we bring the real governing ecological, geological and other related sciences to bear, These existential rules cannot be overcome by the silly rhetoric of current economic dogma,nor any of its possible abstract fabrications and outright lies, no matter how many Nobel Prizes, Phds and other laureates you bestow upon these crazy mad men, who still head this truly - "MEDIEVAL CULT."
This video presentation by Charles A S Hall, Ecologist - provides excellent insight into what our real circumstances are and the governing universal laws that we face - who ultimately have the final say in all physical and related natural matters, regardless of our human hopes, beliefs or aspirations. These cognitions are all muted by this absolute context. At the same time, another absolute villain also joins with science,paying little attention to any of our rumblings, rantings - and particularly, those discourses of utter nonsense that were preached, "to so many, by so few," with impunity over the past 200 years.
Exponential mathematics is, of course, the other known outlaw joining these evil scientific laws, who together in concert will permanently and finally push the pathetic rock of neoclassical hogwash over the proverbial cliff, forever. Sadly, but only after orchestrating and inflicting through its teachings, practices and intellectual perversions, unimaginable crimes against the planet and its mostly innocent inhabitants.
Future intergalactic visitors shall certainly be amused by how we built so many statues with so few, if any, apparent natural resources. They shall puzzle and wonder, just as the European explorers once did - " who would cut down the last tree? "
The work of the systems-ecologist Howard Odum presages the vicious circle principle (VCP) presented in Too Smart for Our Own Good(2009).[*] As presented in Too Smart, the VCP is as follows:
Humankind’s development consists in an accelerating movement from situations of scarcity/need, to technological innovation, to increased resource availability, to increased consumption, to population growth, to resource depletion, to scarcity once again, and so on. (p. 110)
Applying Odum’s thinking to the VCP’s interpretation of changes in the actual development/evolution of humankind suggests that with each technological revolution there has resulted an increase in the usable energy available to our species, which has in turn resulted in population growth and a subsequent demand for increasing quantities of energy. On the VCP this demand has to date generally been met (particularly since the industrial revolution and the near-exponential increase in our burning of fossil fuels), with the result that the vicious circle of humankind’s development has grown in both size and environmental impact.
A second point of contact between Odum and the VCP – related to the first – is Odum’s emphasis on system-development’s involving pulses. He applies this notion to both living and non-living systems. Among the living are ecosystems, individual human civilizations, and human civilization as a whole. In Too Smart pulsing is emphasized with regard to the human species as a whole, each turn of the circle constituting a pulse.
The pulses of the populations of non-human species tend to fluctuate about a mean (cf. Too Smart, pp. 21–22), in the case of K-selected species their growth or shrinking depending on both internal and external population checks. But, according to the VCP, in the case of the total human population these pulses have taken the form of the constantly increasing growth of the human enterprize. In each instance of humankind’s developing technology, which has taken us through the javelin, bow-and-arrow, hoe, plow, coal, and oil and natural gas phases, the problems (scarcities) have as a matter of fact in each case led to a of technological development capable of harnessing ever-greateramounts of energy from the environment, and a consequent weakening of human population checks and a growth in the human population. Here we might also note, in keeping with Tainter, that part of the vicious circle consists in the diminishing returns that eventually hit any new technology, leading to the need for its replacement.
Today we are republishing a commentary that was posted back in January 2013. The post is even more relevant today, as the critical issues we face as a species are escalating almost it seems beyond control. Reports are also being made by various LEGITIMATE groups includingNASA,UN bodies and the White House and Pentagon. These reports are posted through-out our affiliated blogs and may be searched by keyword . Moreover, let's not forget too, that Stephen Hawkings sits on a committee that is actually planning "end of world events", whileThe Bank of England is calling for a wholesale change in the dogmas of classical economics - as the stresses of infinite growth are self-evident in so many countries around the world. As a further result, the possibility that the EU, Japan,China and other third world nations could financially collapse is a very real danger that could be sparked by an abrupt climb in global interest rates. Many events at any moment could spark this rapid rise, that would cause the greatest and most unprecedented collapse in asset values around the world where credit and banking bubbles in real estate and market investments, exist almost everywhere - another dark age looms large on the horizon. Economics is not the only cancer that has terminal implications. Overpopulation and unbridled industrial destruction of the biosphere are crossing over to the exponential phase. Should the average global temperature rise just a mere 2 degrees C., some experts say we risk triggering a methane bomb that yields the same consequences of the Permian Extinction's climate conditions - over 95% of life on the planet was wiped out in short order.
