Default looms in China's 'shadow banking' system

Jan 26, 2014 | Posted by: roboblogger | Full story: The China Post

A shockwave is looming in China's multitrillion dollar "shadow banking" system, with an unprecedented default only days away on a US$500 million investment product sold to hundreds of people.

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AAA

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#243
Feb 10, 2014
 

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minty fresh wrote:
<quoted text> That's so idiotic of you to not notice a absolutely easy to identify sarcasm. I could just see you are going to choke on your endangered sea turtle and shark fin soup. Facking idiot chinks.
Probably not as high IQ as the Chinese then. I prefer them in sushi...maki, nigiri or sashimi, whales and dolphins if you like to serve, Oishi desc ka?

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#244
Feb 10, 2014
 

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AAA wrote:
<quoted text>
Hahaha, you are probably the most presumptuous yet stupid dog I have ever seen, never seem to get debt or GDP figures correct.
Norway's GDP in 1979 was about 15,000 and Singapore was less than 5,000 USD then, that was 3 times as much. My source is world bank, not made up figures like yours. Singapore was my base back in the late 70s for about than 20 years, so stop that BS, Actually I never thought you have such a high opinion of Singapore, but the fact is it was not a first world country in the 70s, but very much a promising third world country with its successful port and oil refineries. Try reading Lee Kuan Yew's from third work to first, give you a bit of insight how developing country can surpass many of the so call first world countries.
GDP/Capita, learn to read you half wit incompetent piece of rubbish

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#245
Feb 10, 2014
 

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RESISTANCE IS FUTILE wrote:
<quoted text>
even if I was a alcoholic.... at least being drunk while posting these last few years.. I still could do simple math....
ahahaha
Uh, are we still on that? The math mistake is the produce of your dumb illogical mind son. Leave it you have lost already on the terms of logic and just embarrassing yourself, riddle me this riddle me that, how long does it take for a Chinese mainlander woman to take a shiet?

9 months and one named it RIF
AAA

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#246
Feb 11, 2014
 

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dreadman82 wrote:
<quoted text>
GDP/Capita, learn to read you half wit incompetent piece of rubbish
Yes, it is per capital I am referring to...moron, Norway still three times as much as Singapore in 1979. Learn how to get you basic figures right before you start to fake a professional.

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#247
Feb 11, 2014
 

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AAA wrote:
<quoted text>
Yes, it is per capital I am referring to...moron, Norway still three times as much as Singapore in 1979. Learn how to get you basic figures right before you start to fake a professional.
I thought I was a coffee guy or was it car salesman? But I apologize, I remembered a wrong GDP per capita figure for Singapore, my bad, mistakes happen to everyone. I am not a historic economist, I am a modern economist. Lets kill this in one short step and move on least I bring out your numerous bloopers okay?

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#248
Feb 11, 2014
 

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AAA wrote:
<quoted text>
Yes, it is per capital I am referring to...moron, Norway still three times as much as Singapore in 1979. Learn how to get you basic figures right before you start to fake a professional.
I guess I know a lot about everything except Singapore
RESISTANCE IS FUTILE

Richmond, Canada

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#249
Feb 12, 2014
 

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billion idiots united wrote:
<quoted text> I just dominated a few Chinese this morning with my money. I bought seafood but I like the Cantonese woman who owns the store so I looked her on the face and she smiled we both smiled and laughed she kinda looks like some cute girls I see in S@M in the PH.. And then I dominated another chinks again by buying a cooked meal to eat with rice and all I used was my mad money. LOL!
sure you did stupid ape...

nice story... but the key point in your story ....and what a low IQ APE like you dosent get is????

you bought seafood from a CHINESE woman who OWNED that store

and she made a profit from your APE a$$$$$$

just like Chinese OWN your APE country and make a profit from it

LOL

soooo stupid
RESISTANCE IS FUTILE

Richmond, Canada

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#250
Feb 12, 2014
 

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dreadman82 wrote:
<quoted text>
Uh, are we still on that? The math mistake is the produce of your dumb illogical mind son. Leave it you have lost already on the terms of logic and just embarrassing yourself, riddle me this riddle me that, how long does it take for a Chinese mainlander woman to take a shiet?
9 months and one named it RIF
naaa you just suck at basic math....

could easily be remedied...but when you were a kid

actually you are not unlike my 6 year old.... type once he learns something he never forgets...

he learned to multiply and divide in his head before he got into kindergarten... from watching a 7 minute video when he was 4

a soon as he did that I put him in a math program....where it forces you to learn multiple ways do an equation...

it forces him from the set way he wants to do a math problem...

I had to basically tell him he needed to learn all the ways you can approach a math problem when you get bigger you can choose which way you want...

unfortunately for you... you learned only 1 way to do percentages and the wrong way to do them

and no one ever challenged you to think of other ways to approach a math problem...

which is probably the reason you are so narrow minded....

as you are a Venture Capitalist trying to get Chinese money to invest in your venture capital deals outside of China...
AAA

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#251
Feb 12, 2014
 

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dreadman82 wrote:
<quoted text>
I thought I was a coffee guy or was it car salesman? But I apologize, I remembered a wrong GDP per capita figure for Singapore, my bad, mistakes happen to everyone. I am not a historic economist, I am a modern economist. Lets kill this in one short step and move on least I bring out your numerous bloopers okay?
Yeah, perhaps you are a modern economist who does not know the definition of US national debt, which is running at 17 trillions. This is the figure you quoted as the US gross debt which you said includes household, government and corporation debts, basically all debts by US. Pretty rubbish, you know these debts are normally express separately, can't add apple, orange and pear together right? And US household debt is already 16 trillions, so 17 is way too low.

I understand English is not your first language, but to get US national debt definition wrong as an economist is very poor indeed. You probably think national means the whole country, a common mistake by shoe polisher and coffee boy.

US national debt is defined as the amount owed by the federal government of the United States. If you got this right in the beginning, and if you have paid attention to RIF's several hints, you would have got your 70% government debt to GDP ratio right. It would have saved you from looking like a moron.

Still struggling where that 70% came from ? OK, I am going to work out for you here. RIF said national debt is divided into public debt and intra-government debt. The intra-governmental debt is approx 5 trillions as advised by RIF, so 17 - 5 = 12 trillions is the public debts. The US GDP figure is just less than 17 trillions, not the bogus 8 trillions (2 years ago) which you created in a clumsy attempt to explain the figures. So 12/17 expressed a percentage is very close to the 70% you quoted. You would have look pretty smart if you had explained 70% that way, instead of trying to sum up all element of US debts in percentage.

So next time if you don't understand anything, don't start talking rubbish and making up figures, you only get yourself deeper into shit (hence I repeatedly told you not to dig while already in a hole). Also don't add up non-dimensional figures like ratios and percentage, it makes you look like a math retard...imagine adding Reynolds and Mach number...OK nevermind maybe that is too much for you. Finally 8 trillions US GDP figures you quoted just make you look delusional and frankly very foolish.
AAA

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#252
Feb 12, 2014
 

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dreadman82 wrote:
<quoted text>
I guess I know a lot about everything except Singapore
Please enlighten me "about knowing a lot". How much is a lot? When I was in my 20s, highly successful and surrounded by sexy birds, I probably behaved like a jerk like you. Now my most valuable knowledge and experience come from unexpected humble source, things and people whom I wouldn't have given much attention in the past.

If you are really knowledgeable, then you probably don't have to remind yourself and others you know a lot. From what I have see, you are just presumptuous and immature, but I guess its just one of those learning phase.
billion idiots united

Seattle, WA

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#253
Feb 12, 2014
 
You 2 chinks are correct might makes right. Mighty chinksw go ahead and grab youself a tretory like grabbing candy from little viet or fil kid. LOL!
AAA

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#254
Feb 12, 2014
 

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billion idiots united wrote:
You 2 chinks are correct might makes right. Mighty chinksw go ahead and grab youself a tretory like grabbing candy from little viet or fil kid. LOL!
No candy please, bad for teeth, just give me some electricity to light up the bulb above. As for the nut, I shall have it with a pint of beer later.

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#255
May 26, 2014
 
AAA wrote:
<quoted text>
Yeah, perhaps you are a modern economist who does not know the definition of US national debt, which is running at 17 trillions. This is the figure you quoted as the US gross debt which you said includes household, government and corporation debts, basically all debts by US. Pretty rubbish, you know these debts are normally express separately, can't add apple, orange and pear together right? And US household debt is already 16 trillions, so 17 is way too low.
I understand English is not your first language, but to get US national debt definition wrong as an economist is very poor indeed. You probably think national means the whole country, a common mistake by shoe polisher and coffee boy.
US national debt is defined as the amount owed by the federal government of the United States. If you got this right in the beginning, and if you have paid attention to RIF's several hints, you would have got your 70% government debt to GDP ratio right. It would have saved you from looking like a moron.
Still struggling where that 70% came from ? OK, I am going to work out for you here. RIF said national debt is divided into public debt and intra-government debt. The intra-governmental debt is approx 5 trillions as advised by RIF, so 17 - 5 = 12 trillions is the public debts. The US GDP figure is just less than 17 trillions, not the bogus 8 trillions (2 years ago) which you created in a clumsy attempt to explain the figures. So 12/17 expressed a percentage is very close to the 70% you quoted. You would have look pretty smart if you had explained 70% that way, instead of trying to sum up all element of US debts in percentage.
So next time if you don't understand anything, don't start talking rubbish and making up figures, you only get yourself deeper into shit (hence I repeatedly told you not to dig while already in a hole). Also don't add up non-dimensional figures like ratios and percentage, it makes you look like a math retard...imagine adding Reynolds and Mach number...OK nevermind maybe that is too much for you. Finally 8 trillions US GDP figures you quoted just make you look delusional and frankly very foolish.
Perhaps you don't know what these debts are, perhaps you dont know when they are due and to whom they are due to......do you?

Well US debts are to natinal debt owners and international, national debt debtors are entiled to get their money when IT IS DUE and that probably mean years from now in which case the US economy would have grown larger than is now, heck it is already 16billion USD so imagine what it will be in 10 years time when they have to pay.

Statics can be twisted and made to look like they mean Titanic when actually it is biz as usual.

Sorry to all my fans for not being able to reply until now, the ROSSO-UKRAINE crisis has been keeping me busy, thank you for all your all emals

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#256
May 26, 2014
 
16 trillion not billion
RESISTANCE IS FUTILE

Richmond, Canada

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#257
May 26, 2014
 
dreadman82 wrote:
<quoted text>
Perhaps you don't know what these debts are, perhaps you dont know when they are due and to whom they are due to......do you?
Well US debts are to natinal debt owners and international, national debt debtors are entiled to get their money when IT IS DUE and that probably mean years from now in which case the US economy would have grown larger than is now, heck it is already 16billion USD so imagine what it will be in 10 years time when they have to pay.
Statics can be twisted and made to look like they mean Titanic when actually it is biz as usual.
Sorry to all my fans for not being able to reply until now, the ROSSO-UKRAINE crisis has been keeping me busy, thank you for all your all emals
the majority of this debt in this Shadow Banking industry is debt owed to Rich Chinese who took risk to make more money

instead of putting their money in the bank...

the way I look at it these Rich Chinese who are obscenely rich

created a underground economy in China... if they lose some of their money looking to be making more money

then it is one of the biggest transfers of wealth in Chinese history

but we all know most of these Chinese rich will do well with their investment

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