iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,474 Blog Posts

Chinks in the Armour (NO RACISM)

Pardon the phrase; but it most aptly describes the current situation most regularly occurring in the despicable, and hated, great nation of CHINA.

Aside from building ghost cities and excelling at expedient mobile executions of shoplifters, China has become addicted to western culture, most likely thanks to the grotesque YUM eateries inside of Beijing. Everything has a root cause and I am making the case that YUM brands, through its filthy and unhealthy KFC and Taco Bell eateries, have infected the minds of otherwise rational and long term thinking, yet barbaric, people, not so much different than having contracted MAD COW disease (pun intended and with belligerence!). Easily tricked, easily taunted, yada,yada, yada…

Having said that, the centrally planned economy of China is now saying “shit sucks, and we’re looking to ‘only’ grow at 7.5%, motherfucker.’ You might believe this to be wonderful, considering we are growing at 2%, like jackasses. But, remember, our dicks are much bigger than theirs. They have nothing going on but slave factories and rich people who defecate in alleyways–because they find it convenient.

Here in America, we have golf courses in every town, and generally speaking, we’re all rich as fuck.

If the Chinese struggle to grow, their slave factories will lay off people and those people will either starve to death or start cutting off the heads of the elite in the southern districts of SHENZEN. The government is afraid of popular uprisings and has concocted a most outlandish policy of leveraging up hard to build skycrapers for ghosts, hoarding basic materials like this shit was a video game.

Well, I have news for the fucking Chinese: this isn’t a game and soon enough you’re all gonna get tossed into buttfuck prison for playing the game of monopoly wrong.

Besides, your military is weak and we can fuck you up with our capital ships, anytime, anywhere.

The early signs to detect ‘chinks in the armor’ of the Chinese is to view the performance of basic material stocks or anyone who does a fuckload of business in China: like CREE or LEDS.

China related names to keep track of include:

TCK, LFC, JOY, YUM, FCX, WYNN, BHP, VALE, BIDU, CLF, MGM, PKX, MTL, CAT, TEX, MTW and CTRP–just to name a few.

UNRELATED: Reformed Broker had the audacity to steal my phrase ‘murderholes’ that was stolen from the movie Saving Private Ryan, after getting permission from me and attributing it back to me in his soon to be NY Times best selling book. What’s the world coming to?

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41 comments

  1. moolahheaven

    I dunno, seem kinda brave to me…

    http://www.youtube.com/watch?v=3utwHDz_xdU&feature=endscreen&NR=1

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  2. Mr. Cain Thaler
    Mr. Cain Thaler

    Hear, hear.

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  3. drummerboy

    so i guess the chinese can lower their standard from kfc, to their knockoff,…0bama fried chicken

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  4. TheArtist

    “skycrapers for ghosts”
    eggcellent.

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  5. Cascadian

    So long as Americans have the 7 inch coming out, the new i-pad, China will have Foxxconn.

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  6. Juice

    Flea – be careful, lest you get Limbaugh’d for the title of this post

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  7. Hack

    The farmers riot at the drop of a hat, burn cars and trash police stations. And the politboro knows there is nothing they can do about it. Sooner or later the farmers will get a weed up their ass and start a full blown revolution in which case China is up shit creek with a paddle made in China…

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  8. Tiananmen Square Protestor
    Tiananmen Square Protestor

    Bullshit.

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  9. FIG

    The Fly is now famous in print, on the TEEVEE, and the internet. When is your debut going to be on the radio?

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  10. skyfish

    there is a great saying in Business and Management.

    “The fish always rots from the head.”

    it refers to the reality that when an organization fails…it is the “leadership” (the head of the fish) that is the root cause. Strangely, that axiom has always had special importance and meaning to me.

    These days even more so!

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    • skyfish

      I guess it boils down “hubris”!

      Hubris is the absence of humility, and in an organization can lead to disaster!

      Hubris is everywhere!

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  11. JTU

    Fly, would you add to CPST down here at $1.05?

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  12. Whaler31

    YOu don’t have to look to China to find chinks in the armour….

    Report on college loan delinquency rate raises alarms
    As many as 1 in 4 borrowers was carrying a past-due student loan balance in the third quarter, a much higher delinquency rate than previously thought, according to the Federal Reserve Bank of New York.

    It’s coming. Buh bye.

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  13. Spooky

    No joke, it’s not like they just have a few flies in the ointment!

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  14. Jz

    China has been doing great in the past 20 years. I am happy for them. Chinese people are modest and hardworking, they deserve a good life just like everyone else.

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    • The Fly

      They eat fetus soup and BBQ dogs.

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      • JTU

        Ha!

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      • SUBCOMANDANTE CHINCHINILLA!!!!!
        SUBCOMANDANTE CHINCHINILLA!!!!!

        Soon they will try eating chinch, too, but I say:

        Fuck no!

        Love me for my fur and my guerilla warfare technique, but please don’t eat my meat.

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  15. fake amish

    “forget it fly, it is chinatown.”

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  16. Spooky

    Fly,

    I assume you’re aware that an ESPN writer/editor was fired for using that as a headline about Jeremy Lin, don’t you? Not sure if you’re a b-ball fan, but just fyi. Not that anyone can fire you (exactly!)

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  17. Scott Bleier

    Don’t worry about the borrowing of your original idea as it happens all the time.

    You and I don’t do it, but most of Wall Street is bereft of originality.

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  18. JakeGint

    Been away from my screen for some time, carefully munching Prosperity Sandwiches and waiting for a chance to act.

    (No Shakespeare).

    ________

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  19. Trading_Nymph

    Oh, Oh..you know what amuses the heck out of me too, Fridays COT had hedge funds and other money managers amassing one
    of the largest net long positions in U.S. crude futures and options
    on record.

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  20. donker

    NOOOOOOOOOOO WHO THE HELL WOULD READ A BOOK WRITTEN BY AN ADVISOR?

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  21. JakeGint

    “Popular” and “misanthropic?”

    The best of both worlds!

    _____________

    However, “murder hole” is a term from medieval castle architecture (which I think you know), and Private Ryan’s got little to do w. it…

    ___________

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  22. Bobby Boucher

    “UNRELATED: Reformed Broker had the audacity to steal my phrase ‘murderholes’”

    Is nothing sacred any more? Next thing you know he’ll be using the phrase ‘homo hammer’ (no homo).

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