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15 Facts About China That Will Blow Your Mind

  
Analysis, Economy, Education
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1.) By 2025, China will build TEN New York-sized cities.

2.) By 2030, China will add more new city-dwellers than the entire U.S. population.

3.) China already consumes twice as much steel as the US, Europe and Japan combined.

4.) If the Chinese, one day, use as much oil per person as Americans, then the world will need seven more Saudi Arabia’s to meet their demand.

5.) There are already more Christians in China than Italy, and China is on track to become the largest center of Christianity in the world.

6.) Chinese are far more likely to believe in evolution than Americans.

7.) Chinese internet users are five times as likely to have blogs as Americans.

8.) China has 150% more soldiers than America does, plus a high tech ‘Kill Weapon’ the U.S. can’t deal with.

9.) China still hasn’t rid itself of Europe’s medieval plague.

10.) 40% of Chinese small businesses went bust or almost went bust during the world financial crisis.

11.) China executes three times as many people as the rest of the world COMBINED… and uses mobile execution vans for efficiency.

12.) China averages 274 protests PER DAY.

13.) When you buy Chinese stocks, you are basically financing the Chinese government. Eight of Shanghai’s top ten stocks are state-controlled arms of the government.

14.) 50% of counterfeit goods come from China.

15.) The majority of Chinese drink polluted water.

Jim Rogers :I guarantee by 2012 next recession

  
Analysis, Education, Video
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Last night in London, Jim Rogers, chairman of Rogers Holdings, was interviewed by CNBC after US Fed announced its decision of leaving the rates alone.

Rogers is very critical to the Fed whose solution to the crisis has been “printing money”, a strategy that he does not see sustainable, “there will be no trees left” if the Fed keep on printing money. Rogers’s contempt to the US Fed is obvious, to a point that he stated that he isn’t paying attention to them at all. He thinks investors are better served to read and think and come up with their our opinions. “Sometimes I got it wrong, sometimes Igot it right” he said.

Commenting on the US Housing market, Rogers thinks that the market will stay low for many years to come to work out the inventories.

I found his answer to the recession question evasive at the best, for the CNBC anchor was looking for a “Yes” or “No” for an imminent double-dip recession. “We’re going to have another recession, I guarantee you… By 2012 say, it’s time for another recession.” – anybody could have said that, for recession comes and goes.

But, “The next time it’s going to be worse because we’ve shot all of our bullets,” he warned us. Rogers has been advocating investing in commodities.

Concentration

  
  Education
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ConcentrationYou can be super motivated to trade, filled with deep optimism, have millions of trading capital available, and a solid trading strategy, but if you don’t devote your full concentration to the trade that you have on at the moment, you will lose money.

It’s essential that you learn to concentrate while executing a trade and scrupulously monitor the market action during a trade

Why is concentration difficult? While in school did you have trouble studying in a noisy library? It’s easy to concentrate when we are in a quiet room and when we are calm and at ease. But trading is often chaotic and full of stress. It’s easy to become shaken and lose your ability to concentrate. When you aren’t fully focused on your ongoing experience, it’s easy for self-doubts to creep into your consciousness. You may start having second thoughts and may want to sabotage your trading efforts.

The more you can stay focused on your ongoing experience, the more you can trade effortlessly and skillfully. But how can you concentrate more easily? (more…)

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