THE DOT - if this turns orange or red be alert

Tuesday, July 27, 2010

Brainstorming Tuesday

1. Lets start with a serious warning as the astro pattern confirms that within the next 2 weeks very outstanding negative things can happen.


Heads up please. In working through the longer term data, i had to go through some of the last of the immediacy stuff due to cross links. Within the immediacy data sets there are clear indications
of a major [damaging] earthquake on west coast of america (MOST likely
north america due to angular momentum issues of planetary alignment) and
more probably than not, in the PNW perhaps down to mid CA. This quake
shows as being completed with problems, *such as yet more [wedding
interruptions] by August 3, however the data accretion patterns point to the
last two days of July as the point of impact and largest number of after
shocks. Damages are indicated to include [roadways] and [bridges] such that [transportation/movement] is [restricted (in some places)] for months afterward. Water flows are also to be affected and even altered for long time (months/years) which is how i found it. By noting the odd number of longer term indicators for [water pathways change] in the data accretion patterns for November and onward in 2010. A significant majority of these traced back to something in the immediacy data that turned out to be this pending earthquake in very late July.

Probably i am wrong though. In any case thought to let y'all know. Will try to speak to George Noory about it tonight (7/26/2010) on Coast to Coast AM. Probably just because i do this, it wont happen. Here's hoping pies bake without interruption.
clif (posted 7/26/2010)

2. The Japan effect from the 80ies is perfectly repeated by China's major bubble only that the stock market bubble has already burst.


More On China's Trillions In Unrepayable Project Loans

Last Friday we reported that the most important (and most underreported) story of the week was Bloomberg's disclosure that Chinese banks may struggle to recoup about 23 percent of the 7.7 trillion yuan ($1.1 trillion) they’ve lent to finance local government infrastructure projects, and that only 27 percent of the loans to the financing vehicles can be repaid in full by cash generated by the projects they funded. As this is a topic that deserves much more attention, we present the views of Goldman's Ning Ma on this critical issue, which when combined with Fitch's recent disclosure that the CDO market is ramping up in full force halfway across the world, and that China has 66 million vacant homes, should all come together in a nice and tidy confluent package of a combustible real estate-cum-credit explosion. Of course, this being Goldman, guess which way the spin is pointed: "We continue to believe systemic risks associated with such loans are limited. Key to watch: The results of restructuring and NPL recognition in 2H10 (mainly from unrecognized social projects and misused loans, but likely far less than 23% NPL ratios), and credit cost allocation among banks and local gov’ts." In other words, ignore the biased conclusion, but certainly focus on this most recent unravelling of the Chinese bubble.

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