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January 06, 2025

This is truly historic:

China’s 30-year government bond yield has dropped below Japan’s 30-year yield for the first time ever.

Over the last 4 years, China’s bond yield has declined by a whopping 215 basis points.

This comes as China’s economy has slowed and experienced 6 straight quarters of deflation, the longest streak since 1999.

At the same time, Japan’s bond yield has risen 160 basis points as inflation has picked up in the country.

In the past, Japan had seen 3 decades of economic stagnation and had suffered 25 years of deflation starting in the 1990s.

China is entering a new economic phase.

https://x.com/KobeissiLetter/status/1875954984753541471

China's economic miracle of the past decades was fueled by cheap labor, massive infrastructure spending, and relentless urbanization. But now, labor is more expensive, infrastructure is overbuilt, and urbanization is hitting a ceiling. https://x.com/Kamil_Maitah/status/1875956093521928602

China faces dueling threats from a deepening property crisis fueling deflation, record youth unemployment, dangerously high local-government debt, aging population, low consumer confidence & slackening demand for exports.

China GFDP growth is now lagging behind the rest of Asia. https://x.com/Josephine082322/status/1875962023374426527

Will happen in US too.
Citat
Alejandro Scórpio
@Scorpio_Alejand
·
4 ian.
1/
"What happens in stays in
US is ExCePtioNaL"

Really ? https://x.com/Scorpio_Alejand/status/1875963843844956348

China Entering New Economic
Phase of Deflation which is
Worse than Inflation https://x.com/FreeSites_com/status/1875957910980952136

The 10-year Treasury yield rate for China is the lowest in the country's history! It's truly terrifying! THEY INJECT CASH LIKE CRAZY! They print more cash than Jerome Powell ! https://x.com/stockdatamarket/status/1875955508919869812

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Monday Night At The Movies: "Night Train" (1959)

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The screening starts at 3 p.m. ET sharp.
Share all of your thoughts, comments and criticisms on the Live Chat.

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01:37:10
TG 2134: Zelensky Pens Open Letter To Putin; Lavrov Sounds Different Note From Kremlin's

George Szamuely and Peter Lavelle discuss Ukraine President Zelensky's open letter to Russian President Putin, Putin's response to it and Russian Foreign Minister Sergey Lavrov's increasingly harsh tone toward the Trump administration--a striking contrast to that of the complaisant Kremlin.

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George Szamuely and Peter Lavelle discuss Germany's failure to win a seat on the U.N. Security Council, and explain its global significance.

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June 09, 2026
22 minutes ago

Are Russians beginning to suspect something?

Popular Russian military correspondent Yuri Kotenok has finally figured out that China is not exactly Russia's friend:

“The Chinese have once again demonstrated the level of their alliance with us.

When, during visits, congratulations, and official statements, people talk about the "friendship" and "alliance" between China and Russia, and when visa requirements are lifted, know that we're simply being fed empty words —they only love our money, nothing more.

If Russians are being killed (and they have been deliberately killed in Ukraine since 2014), the Chinese will patiently stand aside until the very end, carefully watching what happens.

At most, they might issue a protest note, abstain, or vote against something in the UN Security Council. That's it. The "benefits" for Russians end there.

RChina even raises prices severalfold specifically for us on UAV components and tightens export controls on "dual-use" goods.

Chinese pragmatism is...

The answer, my friends, is blowing in the wind, the answer is blowing in the wind
Yigal Levin
@YigalLevin
The distance to one of the targets struck today is more than 900 kilometers, which has already become a routine operational range for Ukraine’s long-range weapons.

In the past, an operation like this was truly an Operation. Now it is routine.

The FP-5 is, in essence, a large jet aircraft without a pilot — which, broadly speaking, is what cruise missiles are, even though they are called missiles largely because that is how the terminology developed historically.

And so this jet aircraft — or several of them — flies deep into Russia almost like a scheduled airliner and strikes its target with impunity.

Obviously, when air defense systems are in short supply — and Russia does not have enough of them — you will protect individual sites in isolated clusters. But what prevents you from detecting an aircraft that has entered your airspace and sending something to intercept it?...

January 21, 2023
More Leftie Than Thou
"Jacobin" Magazine Celebrates A Strike Against Ol' Blue Eyes

Here at "The Gaggle" we have very little time for the "more Leftie than thou" school of thought--that's the approach to life according to which the only thing that matters is whether you take the right position on every issue under the sun from Abortion to Zelensky. No one in the world meets the exacting standards of this school of thought; any Leftie leader anywhere is always selling out to the bankers and the capitalists. The perfect exemplar of this is the unreadable Jacobin magazine. 

The other day I came across this article from 2021. It's a celebration of trade union power. And not simply trade union power, but the use of trade union power to secure political goals. Of course (and this is always the case with the "more Leftie than thou" crowd), this glorious, never-to-be-forgotten moment on the history of organized labor took place many years ago--in the summer of 1974 to be exact. Yes, almost half a century has gone by since that thrilling moment when the working-class movement of Australia mobilized and prepared to seize the means of production, distribution and exchange. 

Well, not quite. Organized labor went into action against...Ol' Blue Eyes, the Chairman of the Board, the Voice; yes, Frank Sinatra. Why? What had Sinatra done? Sinatra was certainly very rich, and he owned a variety of properties and businesses. But if the Australian trade union movement were, understandably, searching for the bright, incandescent spark that would finally awaken the working class from its slumber there were surely richer, greedier, more dishonest, more decadent, above all more Australian individuals it could have discovered. Australia was never short of them. Rupert Murdoch immediately springs to mind. Why Sinatra?

 

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