Thursday, June 10, 2010

Chinese Workers Rebel Against Their Own "Shitty Deal"

Courtesy of a blog reader....

Looks like Goldman and China's communist party have more in common than embracing the same neofeudal economics. They both are good at selling people shitty deals.

As part of our China thesis, we have been writing for years that China's collapse will ultimately lead to great potential for civil war and unrest. Possibly even laying blame for its problems on the United States or externalizing its unrest in order to maintain control - a timeless trick of the fraudulent. It's good to see the brave people of China are willing to stick it to the commies.

(You need a password for this article but you should get one. It's free and the Financial Times offers up great reading for free.)

By the way, I wouldn't be surprised to see the market end in negative territory today even though it opened up 200 Dow points. There is zero demand beyond the futures pop this morning. More shitty deals courtesy of the status quo.
posted by TimingLogic at 11:42 AM