Cliff Küle's Notes:

Cliff Küle's Notes Your daily CONSOLIDATOR of the most insightful WEB presentations on the subject of MONEY .. The Ultimate Confidence Game .. How our Monetary System works for the benefit of some .. at the expense of others.

Jun 9th 2013, 01:15 Is China Heading for a Hard Landing? Zero Hedge analysis on how the Chinese economic growth appears to be slowing, even with massive credit-fueled stimulus .. "China, thanks to the PBOC's own failed policies and thanks to other central banks, suddenly has no way out. ... " Recommends not buying Chinese stocks as China's trade data shows slowing with tightening liquidity conditions .. "China continues to be stuck between an external hot money flows rock and a contracting economy with unstable banking sector hard place. In a nutshell, the country's economy is rapidly slowing down as shown by a variety of external metrics such as the plunge in Caterpillar Asia sales, and the lowest electricity consumption since 2009. This is further compounded by the fact as of late, record endogenous credit injections, which currently stands at a level of 240% of GDP." LINK HERE to the essay

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