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Yeah. Its going to be interesting.
It seems many of these rioters are young. And knowing how the young like extreme ideologies its likely there IS a large Islamicist ellement behind the riots. Hopefully though some more mature opponents of the incumbent regimes will come to the fore and implement some kind of neo democratic system.
"It is a remarkable fact that despite the worldwide expenditure of perhaps US$50 billion since 1990, and the efforts of tens of thousands of scientists worldwide, no human climate signal has yet been detected that is distinct from natural variation."
Bob Carter, Research Professor of Geology, James Cook University, Townsville
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Where is Mustafa by the way? He probably has a better vision what happens in the whole region than all of use putted together.
There is only one Ashley Judd and Salma Hayek is her prophet!
Advertise here – minimum three posts per day are guaranteed.
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He's in the US (Missouri) at the moment.
3x12=36
2x12=24
1x12=12
0x12=18
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Dalek Dave wrote: $300 a barrel for oil anyone?
Why do you think so? I'm sure you are implying to the uncertainty in the region. But, if things got stable in short period of time, shouldn't the price come down?
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Dalek Dave wrote: $300 a barrel for oil
Cycling is good for health!
The funniest thing about this particular signature is that by the time you realise it doesn't say anything it's too late to stop reading it.
My latest tip/trick
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I should speculate on the futures for this one.
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Dalek Dave wrote: After Tunisia, now Egypt, and now Jordan's King Abdullah has fired his cabinet to try to avert the same thing happening there.
And news is coming in of a planned popular uprising in Syria.
How soon before Saudi Arabia and Kuwait go up?
very soon...
Dalek Dave wrote: $300 a barrel for oil anyone?
Thats your problem, buy a volt!
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China is already in trouble.
The currency is too overvalued and inflation is rife.
When they do devalue, as they will have to, the inflated prices will drive a lot of people back to poverty.
Then the housing boom will go bust.
Considering China has to create a Million Jobs A Year just to sustain the people being born, there will be mass food shortages and riots.
The economy will collapse and they will revolt.
Bang goes the demand for goods, and the bang goes the economy that makes our cheap crap.
The west will be forced to make it's own cheap crap and that will cause a surge in the western economies.
China has grown too much, too fast and is without doubt about to go bust.
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I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave
CCC League Table Link
CCC Link[ ^]
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I haven't agreed with a few things you've said recently but that is bang on the money, so to speak. I wonder what will happen, though, when China attempts to cash in on the $750 billion of US[^] debt that they are holding?
"If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." Red Adair.
nils illegitimus carborundum
me, me, me
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I have been a little mad recently, saying the wrong thing or being needlessly stupid.
I put it down to work pressures, but they have eased a little, I have even been getting to upvotes over the last week! 
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I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave
CCC League Table Link
CCC Link[ ^]
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Forget it: let's concentrate on bringing China down. Er, I mean, er...
"If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." Red Adair.
nils illegitimus carborundum
me, me, me
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"Helping to stablilise world commodity prices" is the term you were looking for I think
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I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave
CCC League Table Link
CCC Link[ ^]
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Nice to have the "stable" DD back...
I wasn't, now I am, then I won't be anymore.
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He's completely wrong about the Yuan Marc, its under, not overvalued. As for US debt, well, any dollar holding is potentially worthless.
"It is a remarkable fact that despite the worldwide expenditure of perhaps US$50 billion since 1990, and the efforts of tens of thousands of scientists worldwide, no human climate signal has yet been detected that is distinct from natural variation."
Bob Carter, Research Professor of Geology, James Cook University, Townsville
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You have never studied economics have you?
According to the IMF the Yuan is overvalued on the currency markets by about 10% because it is pegged to the $US.
Allowed to float it would fall.
What you are claiming is also true, it is undervalued in comparison with the $US, but that is a separate matter.
In order to achieve parity the buck would have to fall too, and likely it would once the Yuan falls.
Any $ debt holding os always worthless, as the US is the worlds poorest country.
I shall explain.
Should all debts on internation transfers, loans or purchases have to be settled at close of business today, then the US would not be able to pay, and so would a lot of other countries!.
But the US would still have the highest debt.
Of course it has used it's money to build a very large and well equipped military, so good luck with getting your money back. 
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I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave
CCC League Table Link
CCC Link[ ^]
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Dalek Dave wrote: According to the IMF the Yuan is overvalued
Yuan 'substantially' undervalued - IMF [^]
And allowing it to float it would rise in value.
As for the 'you have never studied ecconomics have you' crap, you are talking to someone who has made huge profits on stock investemnents.
"It is a remarkable fact that despite the worldwide expenditure of perhaps US$50 billion since 1990, and the efforts of tens of thousands of scientists worldwide, no human climate signal has yet been detected that is distinct from natural variation."
Bob Carter, Research Professor of Geology, James Cook University, Townsville
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'Slaps Forehead'
You are right!
I meant it was actually stronger than it's assessed value, and completely reversed what I meant.
I admit I got that the wrong way round, but the argument that they will bust after the boom still stands.
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I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave
CCC League Table Link
CCC Link[ ^]
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Dalek Dave wrote: they will bust after the boom
Like I said, check out what they are doing in Africa...
"It is a remarkable fact that despite the worldwide expenditure of perhaps US$50 billion since 1990, and the efforts of tens of thousands of scientists worldwide, no human climate signal has yet been detected that is distinct from natural variation."
Bob Carter, Research Professor of Geology, James Cook University, Townsville
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Africa, where all the Chinese will be living by 2050?
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I will never again mention that I was the poster of the One Millionth Lounge Post, nor that it was complete drivel. Dalek Dave
CCC League Table Link
CCC Link[ ^]
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US have a moderate external debt per capita, far less then England and most of the other EU countries. Just for example US have about 40K per capita external debts, Ireland about 500K per capita.
There is only one Ashley Judd and Salma Hayek is her prophet!
Advertise here – minimum three posts per day are guaranteed.
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Dalek Dave wrote: Any $ debt holding os always worthless, as the US is the worlds poorest country.
I shall explain.
Should all debts on internation transfers, loans or purchases have to be settled at close of business today, then the US would not be able to pay, and so would a lot of other countries!.
But the US would still have the highest debt.
And you know why, of course... It goes something like this:
President: We're going to cut spending and balance the budget!
(Note: This has nothing to do with the party affiliation of the President - They all say this)
Republican: Ok, let's get rid of Medicare
People: No! We like medicare! We don't know what it is, but we like it!
Tea Party: But it's sociali--
Republican: Quiet, you.
Democrat: Then let's allow the tax cuts to expire.
Corporations: You do that, good luck getting campaign funding next year.
Democrat: Crap... Um... Hey reds, back me up here?
Republican: ...
Democrat: Well, at least we can all agree that Homeland Security needs to be cu--
People: No! If we do that, the evil terrorists are gonna kill us!
Corporations: Yeah... And we'd lose our military contracts...
Republican: Where have you been for the past ten years?
*collective groan*
Independent: Uh, what about defense spending? Surely we don't need--
Republican: Shhh! Not so loud... *points to the soldiers stationed at the exits*
Democrat: Yeah, are you trying to get us killed?
*long pause*
Republican: We could cut education...
Democrat: Yeah, let's do that.
Republican: So all agreed?
Democrat 2: Sure, as long as I can get some money for a new stadium...
Independent: And my district could really use this subsidy...
Republican 2: I have this friend at Haliburton...
*the next day*
Democrat: We've finished the new budget... It's... a little bigger than we planned...
Republican: Yes, but we're pretty sure it'll give the economy a boost...
President: Did you cut spending?
Democrat: Sure did... Look, we saved over five hundred by... adjusting a few social programs.
President: Five hundred million?
Republican: ...thousand...
Democrat: The debt isn't that big a deal, right?
Republican: Yeah, we'll start paying it off next year.
President: You're lucky I have a good speech-writer...
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Totally nailed it. 
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And they silver lining is the price of oil may get back to $40 a barrel, bring it on I say.
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Dave, the Yuan is undervalued. They have held it artifically low to make exports cheaper. The US is continuously clamouring for them to let it float freely on the currency markets. Have a google please and get your facts straight.
As for what you say 30 million people were out of a job at the 2010 chineese new year (so about a year ago). How have they coped with that?
Another factor is the lack of young people, due to birth controll polices, and their migration to the cities which means food production internally is going to plumet as the existing farmers get to old to work the farms.
As for China going bust, dont forget it is slowly collonising Africa and will use it for cheap labour and resources. Thats their answer. They already know about these issues, and this is what they are doing about it.
"It is a remarkable fact that despite the worldwide expenditure of perhaps US$50 billion since 1990, and the efforts of tens of thousands of scientists worldwide, no human climate signal has yet been detected that is distinct from natural variation."
Bob Carter, Research Professor of Geology, James Cook University, Townsville
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