Browse Month: April 2016

George Soros Predicts a Hard Landing for China’s Economy

Renowned business leader and author George Soros has made a very important study concerning China’s Economy. He has made a notation that the current economy situation in China resembles that of U.S. right before the 2008 economic crisis. George Soros has warned that China may be heading into an economic crisis.

China’s Economic Situation

George Soros has been specific on the terms that made him pass this warning. He observed that the credit growth figures of China point to a downfall. China has experienced a surge of new credit last month. The country got 2.34 trillion Yuan which exceeds the expected the figure of 1.4 trillion. However, this surge in new credit for the country is a warning sign. This is because the higher than expected figure only shows that the country is focused on borrowing and increasing its debt rather than paying it.

George Soros said that China’s situation has resemblance to the U.S. 2008 crisis because of its nature of being ‘fueled by credit growth.’ He said, “Most of the money that banks are supplying is needed to keep bad debts and loss making enterprises alive.”

George Soros made a study of the banking system of China and pointed the similarities of their situation to the U.S. 2008 situation. One of the similarities is the huge accumulation of loans from the banks. The country’s banking system is the main reason why the economy might crash. This is because there are ‘more loans than deposits’. Soros explained that there was problem ‘on the assets side but also increasingly troubles on the liabilities side’.

What is currently sustaining the economy of China is the ability of banks to lend each other capital. However this capability is not a positive sign. Soros said, “Other banks have to lend to each other and that’s an additional source of uncertainty and instability”. However, since the country is deep in debt, this lending business can only last for 1 or 2 years.

The new surge in credit has favored the real estate sector. House values for new premises have gone high with an almost 62% rise compared to last year. However, this success reflects a similar situation in U.S. back in 2005/2006. This success may not last long but it may sustain the economy for some time.

Soros has pointed out the positive move of China too. He acknowledged that the country’s effort to link the Yuan to other currencies is great. According to Soros, this foreign exchange policy will greatly reduce the ‘threat of competitive devaluation’. The cooperation between U.S. and China serves to strengthen the market relations that had been on the downfall at the start of the year.

George Soros is a billionaire investor who is ranked among the richest people in the world. He has authored insightful books and articles. He is the founder and chairman of Open Society which funds charitable work in more than 100 countries.


Find out more about George Soros and China on:
http://www.biography.com/people/george-soros-20926527
http://www.bloomberg.com/news/articles/2016-04-20/soros-says-china-s-debt-fueled-economy-resembles-u-s-in-2007-08
https://www.project-syndicate.org/columnist/george-soros

Protesters call for recall vote on Maduro

The move to oust Venezuelan President Nicolas Maduro continues, with opposition party legislators chaining themselves to the stair rails of the nation’s election board in Caracas, according to a Reuters story. With growing tensions, this is the latest move in their attempt to get Maduro out of office.
So far socialist government supporting institutions led by Jose Manuel Gonzalez are blocking their efforts as they are raised. The latest protest erupted when the opposition tried to get papers to start a recall process, (videos on Youtube). The national election board has been putting off any action, and the nation’s supreme court has sided with the government by striking down laws to control the socialists in office.

To get a recall, they would have to gather 4 million signatures says Jose Manuel, but the paperwork has to be filed first. They are protesting not being allowed to do so.

Maduro was elected to a six year term in 2013. The nation’s constitution allows a recall after three years if there are enough signatures calling for one. If Maduro left office, on his own or after a recall, there would be an immediate new presidential election. If Maduro serves four years and then leaves office, his vice president would take over. His vice president is seen as even more socialistic than Maduro, and the opposition dislikes him even more than Maduro.

Maduro was part of Hugo Chavez’ government and sought to continue Chavez’ policies. Maduro says the opposition, and big business along with the United States, are trying to oust him.

China’s Capital Reserve Fund Is Not As Strong As Some Economists Think According To Investment Advisor Kyle Bass

China is the second largest economy in the world. The Chinese economy is $10 trillion, but according to the CEO of Dallas-based Hayman Capital Investments, Kyle Bass, the Chinese banking system has only $31 trillion in assets. Eight years ago that number was $41 trillion. Mr. Bass believes China is facing a recession that will be worse than the 2008 recession, and he is betting against the yuan. Bass wants to make the same kind of money he made in 2008 when the U.S. market collapsed. Kyle walked away with billions of dollars in 2008 because he knew the subprime mortgages were not worth the amount of money the investment firms said they were worth, and the same thing is happening in China now.

Bass got his 2006 information when he was a Bear Stearns executive. He started to tell people on Wall Street that the bonds were not a solid bet, but very few investors listened to him. But two years later, Bass became an investment wizard, and Hayman Capital Investments went from a small hedge fund manager to a must have hedge fund because Bass has a knack for making money in difficult times.

The Bass reputation hasn’t always lived up to his 2008 image. It’s true that Bass has made more money over the last eight years, but there has been a lot of controversy surrounding some of his investments as well as some of the statements he has made about sensitive topics. When Bass stood behind President Christina de Kirchner of Argentina when she defaulted of $95 billion in government bonds, he was ostracized by fellow hedge fund managers that held those bonds. When the four hedge funds refused to accept 30 cents on the dollar to settle the debt, Bass called them vultures. That didn’t sit well with the hedge fund community.

UsefulStooges reports the latest Kyle Bass debacle centers around a scheme that accuses drug companies of having patents on drugs in order to charge exorbitant prices. When patent troll Erich Spangenberg brings allegations against a drug company, Bass shorts the stock, and he makes millions on those transactions.

In a recent Fox Business News interview, Bass said the United States only has a 40 to 50 percent chance of entering a recession in 2016. Some economists say there is more than an 80 percent chance the U.S. economy will stop growing and could start contracting in 2017. Bass is going to continue to make risky investments, and he will continue to be interviewed. And the world is watching and waiting for more egotistical missteps.

QNETs Positive Thoughts Project Provides Clean Water For Disabled Children

Clean drinking water is essential for life on earth. Sadly, the poorest people and people that are infirmed often have to struggle to get access to clean water. People living in underdeveloped countries are many times forced to make do with water that is dirty and unsafe. And children are usually the ones that are affected most. But QNET, the company known for affordable, high-quality products, is doing something about it. They’ve created a program called the Positive Thoughts Project. Through this program QNET is helping to provide clean water for children with learning disabilities.

QNET will give a free HomePure RED water filtration system to two educational institutions that take care of children that have problems learning. And its easy for the public to help. As part of the Positive Thoughts Project, QNET will donate the water filtration systems if people leave 500 or more positive posts on the company’s FaceBook page during a two week period. People simply have to visit the FaceBook page and leave a positive thought as part of their post. QNET will then provide the Rashid Centre and the Taarana School with top of the line water filtration systems to ensure the educationally challenged children with which they work will have clean, safe water to drink.

The Positive Thoughts Project lasts for a month. If 500 positive thoughts are posted to the QNET/RYTHM Foundation FaceBook page in the first two weeks, the Taarana School will receive a 7-stage HomePure RED water filtration system. In the subsequent two weeks if 500 more positive thoughts are left on the FaceBook page, the Rashid Centre in the UAE will receive the same water filtration system at no cost. This program is a great way for people to help provide drinking water for vulnerable children without it costing them a single cent. The project also represents yet another way QNET gives back to the communities it serves.

QNET is known for offering great products at excellent prices. But the company does much more than that. It also provides employment opportunities and small businesses in poverty stricken areas. This has helped improve the quality of life for countless people. Plus through its charitable arm, the RYTHM Foundation, QNET has offered many other programs to help the less fortunate. Providing safe, clean, drinking water for children with learning disabilities through the Positive Thoughts Project is just the most recent.

What is best for us?

Jeniffer L. Walden, MD is a plastic surgeon that is specialty- trained in Aesthetic Surgery and a board certified plastic surgeon. She practices cosmetic surgery in Austin, Texas. She is a member of American Society for Aesthetic Plastic Surgery where she holds the docket of Director and a Commissioner of Communications and as a media spokesperson of the society as well, and also a member of the American Society of Plastic Surgeons and a fellow of the American College of Surgeons.

She is the owner of Walden Cosmetic Surgery Centre that operates at Westlake Medical Centre. The top- notch priority of this centre is patient care and safety. She also has attending at the Hills County Memorial Hospital in Marble Falls, at the Westlake Medical Centre and at the Seton Hospital.

Men in the modern society have great preferences and expectations about how ideal female body should look like, especially the female genitalia. Many would have different opinions on the same. As a result, there has been a move to make beautiful the female genitalia by the females badly subjected to these surprising expectations. Therefore, there is a spiralling demand for cosmetic vaginal procedures though there are a lot of controversies linked to it. This is evident with a presentation that was made at the annual meeting of the American society for Aesthetic Plastic surgery in Las Vegas.

The emergence of non-invasive female genitalia rejuvenation and tightening procedures have given females of perhaps not looking the same again, and hope of perhaps meeting the expectations and preferences of all the classical men out there. But the big question is why it is on the rise. I tend to rather believe that this is a move that should be incredibly female centric and not just a drive born out of the expectations and preferences of men out there. After all, who does not want to look at their very best, even down there?

The procedures also come with other non-invasive radiofrequency therapy including ThermiVa that also aid with many more functional female matters, like less severe urinary leakages and dryness in the female genitalia with old age.

Best brothers appointed to help take Autism Rocks to the next level

Autism Rocks, charity organization founded by Sanjay Shah in 2014 is growing stronger and better by the day. In an article that appeared in the PR Newswire, Autism Rock has added two more members to its Board of Directors. Will and Pete Best are brothers who are well known to Sanjay Shah since their university days. The professional skills and experience of the two is expected to greatly benefit Autism Rocks by ingraining insight to the organzation’s board of trustees.

 

Sanjah Shah started Autism Rocks after a personal experience with the condition. This was after his 4-year-old youngest son was diagnosed with the condition. He thought of a way to help out not only his son but reaching out to any other child with the condition and trying to have an autism-free world. Research, it appeared to him, would help raise awareness on what causes autism and as a result mitigate spread. What he had in his hands then was an avid passion for music. A random cup of tea with Snoop Dogg-arguably the most famous rapper served a light bulb moment for him. Staging gigs around the world to raise money for autism research would then be the next big thing.

Sanjay Shah has made a mark in the business world with Solo Capital Markets, and hopes to make similar milestones in Autism Rocks. Solo Capital , an international one-stop financial services company is headquartered in London. The company has grown since its incorporation in 2011 to include proprietary trading, consulting and professional sports investments specialties. Its net worth as at end of March 2015 was a whopping £15.45 million with a cash flow of £30.26 million.

With Autism Rocks success around the world, Will and Pete brothers are expected to be of great importance to help see the mechanics behind the organization. The two have shown impeccable qualities to take Autism Rocks to the next level.

 

Ethical Business Practices as Seen by Helane Morrison

The 2008 economical crisis that ravished the United States, as well as the majority of the Western World did not go unnoticed when it comes to transparency. A huge amount of things came to the fore front that shocked a lot of people during this time, as the drastic amount of corruption and unethical business practices that were conducted by so many major banks and businesses created a huge amount of unease. There is no denying the fact that the news that broke, not to mention the severity of the situation, caused a huge amount of people to gain a lot of distrust in the banks. This is not something that is impractical, as there were big red flags that were raised, and the end result was a lot of people losing their homes to foreclosures, people pulling their money out of the banks, and economic uncertainty in general.
Helane Morrison is a woman that has taken it upon herself to battle the massive amount of fraud and corruption that plagues our businesses and our very society today. She has a deep education and has made big strides when it comes to making these businesses accountable for the corrupt activities that they engage in frequently. This is huge when you consider the fact that the bulk of out corporations, our businesses and even our government do things constantly that are flat out illegal. This type of corruption has a trickle down effect that wreaks havoc on just about everyone that is in the working force, as well as each citizen that is living in the United States of America, so it has been the job of Helane Morrison to provide her services to assess this corruption.
One of the major things that Helane has dedicated her career to is creating a fair an equal environment in the workplace, as this has been a major issue in the past. Her stance that there are far too few women that are actively being engaged in leadership roles in businesses all over the country have shed a light on this and she has been an active and positive role on changing the situation. She has been an expert and revolutionary when it comes to creating a workplace that is not only fair inside the company, but that is engaging in business behavior and ethics that are up to standard and are following the law.

Lime Crime: Cosmetics In A Rainbow Of Color

Lime Crime is a unique make-up line created by Doe Deere, and popularized by Tumblr users. Born in Russia and raised in New York City, Doe Deere was looking for makeup loud enough to use in her rock & roll act. When she wasn’t able to find the make-up she needed in any store or online, she decided she would make her own. She set about making handmade cosmetics from vegan ingredients. None of her make-up is tested on animals. When her acquaintances saw her make-up, they were blown away. After much talking to, they convinced Doe Deere to offer the make-up to them as well as the general public. It was the best move she ever made.

Lime Crime cosmetics was a success right from the start. Doe Deere liked the color lime green, so she created the website limecrime.com to market her make-up. Almost instantly she had buyers for her products as fast as she could make them. Today Lime Crime has been embraced by a growing audience worldwide. People of all ages and sexes seeking a way to express themselves with make-up have seen Lime Crime cosmetics as a godsend. No longer do they have to sublimate the colorful being inside. Lime Crime gives them the make-up in a rainbow of incredibly bright and bold colors they need to express themselves.

For far too long millions of people have been forced to fight against their desire to express themselves in brilliantly colored make-up. Lime Crime is on the leading edge of a cosmetics revolution that refuses to be held in check by outdated ideas about make-up. Lime Crime is the perfect product at the perfect time for millions of people worldwide. To them the brightly colored lipstick, eye-shadow, blush, nail polish, rouge and other products are perfect for them when they want to make an unforgettable statement with their make-up.

If you’re bold enough to be beautiful on your own terms, then Lime Crime cosmetics might be right for you. Their velvetines, unicorn lipstick, Venus: The Grunge Palette eye-shadow, liquid lines, and more lets you wrap yourself in a rainbow of color.  Find the Wicked brand of Lime Crime lipsticks on Amazon.

Escaping in the Night

Defecting from the country of North Korea is no easy matter, just ask Yeonmi Park, who spent years of her life trying to obtain freedom, having to go through four countries in the process. Yeonmi started her life in the secluded and harsh country of North Korea, rarely having enough food to eat. The country is one of the most cut off countries on the planet and is without a doubt one of the toughest places to live and survive. North Korea does not have any freedom and when Yeonmi was just thirteen years old, she decided to make a run for it with her mother. They were provided assistance from a man that helped them cross the border into China in the middle of the night, where they were met with another man that ended up selling them into China. While this may not have been the freedom they were looking for, there is no question that the option was better than heading back into North Korea. Defectors who are caught fleeing the country and returned are either killed, sent into labor camps for the remainder of their lives, or end up starving on the street, none of which were a viable option.

After several years, Yeonmi Park said on a Daily Mail UK Interview that she was released from the man she was staying with and decided that she wanted to experience true freedom in South Korea. The plan was to sneak into Mongolia, where it was expected that she would finally be able to get into South Korea. However, they were caught and were told that they would be returned to China, who would likely send them back to North Korea. After saying they would kill themselves if sent back to China, the Mongolians that had captured them ended up taking them to a holding camp, and then sending them over to South Korea. Park’s story is absolutely heart breaking and heart warming at the same time, and she can finally say that she is not oppressed and enjoying her life in the free country of South Korea.

 

The Global Market Might Face Another Financial Crisis

George Soros is a billionaire who was born in Hungary. He studied in the London when he had migrated in to. After completing his education, he decided to move to America, and this is where he worked hard to start his own company. George Soros started by being employed in some big companies in the country before he managed to start his own companies.

George Soros is the founder of one of the biggest companies in the United States today. The company is known a Soros Foundation on Politico, and he has invested in several other companies. Due to the success of the company, George Soros emerged to become one of the most influential and wealthiest people in the United States. He has earned a special and independent place in the society, and he has taken the decision to speak for the people who cannot do it in the American society and also in the world.

George Soros is an advocate of an open society, and due to this, he has started an organization to implement his objectives. The organization is known as Open Society, and it has spread like wildfire since it was started several years ago. The society helps many people across the world, especially individual who are weak and need support. The organization has helped students in South Africa to acquire education when the black people were being discriminated in the country during the apartheid.

Over the years, George Soros has acquired a lot of knowledge and expertise in the finance and political matters of most nations and his opinions not taken lightly. He was the person who predicted the financial crisis that occurred in 2008, leaving many investors in trouble. He also talked about the collapse of the European Union on marketwatch.com, and several months later, the migration crisis started affected in.

Recently, George Soros told the press that the global markets in the world are facing a serious crisis, and the investors must be very careful in order to avoid getting serious losses. George Soros said this during an economic forum that was held in Sri Lanka.

In the economic forum, George noted that china, one of the developing economies was in the process of creating a new model of currency, and in the process, there was currency devaluation which was bringing problems to the rest of the nations in the world. Getting a positive interest rate in the developing world is not a walk in the park. He also added the current economic climate in the country is similar to the one that occurred in 2008.

When the year was starting, the international currency, commodity markets and stock were under attacks, and the yuan also proved to be sinking bringing more trouble in the world economy.