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These days, people get as excited about food as they used to about rock n’ roll. Chefs, creators, and even…
Continue reading here: Chinese Markets Halted in 14 Minutes 17 Seconds, Equities Plunge Another 7.32%
China’s CPI is up a modest 1.3 percent year over year but Producer Prices Fall for 44th Month . China’s consumer inflation moderated again in October, while producer prices declined for the 44th straight month, as falling commodity prices and weak demand add to deflationary pressure.
Reuters asks Why are Chinese Malls Closing if Consumption is Rising? Rising vacancy rates and plummeting rents are increasingly common in Chinese malls and department stores, despite official data showing a sharp rebound in retail sales that helped the world’s second-largest economy beat expectations in the third quarter. The answer to that apparent contradiction lies in the rising competition from online shopping and government purchases possibly boosting retail statistics.
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Tweet John Chait in New York Magazine, has a thumb sucker balancing between glory and despair about the upcoming Paris conference For human to wean ourselves off carbon-emitting fossil fuel, we will have to use some combination of edict and invention — there is no other plausible way around it. The task before the world is best envisioned not as a singular event but as two distinct but interrelated revolutions, one in political willpower and the other in technological innovation. It has taken a long time for each to materialize, in part because the absence of one has compounded the difficulty of the other.
Link: Global Gladio: NATO Terror Network Reaches into Asia
Chinese Stocks Extend Slide, Down Another 6%; S&P Futures +38 Points, Nasdaq Futures +71 Following a day in which only 6 out of 500 S&P 500 stocks rose, a snap back of some sort was in order.
Several NGOs currenlty openly funded by the US NED  - i.e.
Don’t Worry, IMF Says "Premature" to Speak of Chinese Crisis Growth in China is slowing rapidly. How rapidly is a subject of much debate. Today, a senior IMF official says ‘Premature’ to Speak of Chinese Crisis .