Here Are The 9 Nations Most At Risk From China’s Third Plenum

Market attention is on the Third Plenary Session meeting of the 18th Central Committee (Third Plenum), where a blueprint for major reforms over the next decade is to be announced during the four-day congress starting on November 9. However, history shows that economic growth tends to be lower after major third plenum meetings. This is because structural reforms, while good in the longer term, tend to slow growth in the near term. While this is ‘bad’ for the global economy overall, the following nine nations, who are dependent on China to consumer over one-half of all their total exports, are particularly at risk.

Economic growth usually slows after major Third plenum meetings

(via Barclays)

And will weight extremely heavily on the following nations

Countries Dependent on China to Consume Half or More of Their Total Exports

(via @M_McDonough)


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/nNfBikhegvk/story01.htm Tyler Durden

Here Are The 9 Nations Most At Risk From China's Third Plenum

Market attention is on the Third Plenary Session meeting of the 18th Central Committee (Third Plenum), where a blueprint for major reforms over the next decade is to be announced during the four-day congress starting on November 9. However, history shows that economic growth tends to be lower after major third plenum meetings. This is because structural reforms, while good in the longer term, tend to slow growth in the near term. While this is ‘bad’ for the global economy overall, the following nine nations, who are dependent on China to consumer over one-half of all their total exports, are particularly at risk.

Economic growth usually slows after major Third plenum meetings

(via Barclays)

And will weight extremely heavily on the following nations

Countries Dependent on China to Consume Half or More of Their Total Exports

(via @M_McDonough)


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/nNfBikhegvk/story01.htm Tyler Durden

Poll: Majority of Brits Want Rail, Energy Companies Nationalized

Here is part of a write-up on the latest
terrifying poll from the other side of the Atlantic (from
YouGov
):

The majority of the British public – including the majority of
Conservative voters – support nationalising the energy and rail
companies

Labour’s plan to freeze energy prices for 20 months has
re-ignited the debate over the role of the government in markets,
with Conservatives arguing intervention is a ‘con’ while Labour
claim the state should ‘reset’ the market. Shadow transport
secretary Mary Creagh has even suggested Labour are open to
re-nationalising train services.

However, YouGov research for the Centre for Labour and Social
Studies finds voters of all politics united in their support for
nationalisation of energy and rail.

It shouldn’t come as a surprise that most Labour Party
supporters, who are
unashamedly socialist
, want rail and energy companies to be
nationalized. However, it is frightening that more than half of
Conservatives polled agree with Labour supporters on the issue:


The graph above not only shows that the nationalization of rail
and energy companies has majority support across the British
political spectrum, it also highlights that UKIP members are hardly
the supporters of limited government and free markets
some seem

to think they are
. In fact, UKIP members support the
nationalization of rail and energy companies more than Liberal
Democrats, who are oftentimes described as center-left.

Below is another terrifying graph from the same poll. It turns
out that over a third of the British public believe that the
government should have the power to control the price of food:


Read the full results of the poll
here

from Hit & Run http://reason.com/blog/2013/11/04/poll-majority-of-brits-want-rail-energy
via IFTTT

The Only Political Party in New York That Uses Lines of Coke to Advertise its Candidate Slate

My wife was doing some voting research in advance of tomorrow’s
sure-to-be-depressing election in New York City, and came upon this
gem of a Libertarian Party candidates video:

 

Reason on the doomed libertarianish Republican mayoral candidate
Joe Lhota here.

from Hit & Run http://reason.com/blog/2013/11/04/the-only-political-party-in-new-york-tha
via IFTTT

Get a Free Copy of J Neil Schulman's The Heartmost Desire!


Novelist and filmmaker J. Neil Schulman is
offering free Kindle editions of his book The Heartmost Desire
through November 5.

From the Amazon description:

The Heartmost Desire is author/filmmaker J. Neil Schulman’s most
personal book, containing his manifesto for why liberty is
necessary for human self-realization and happiness, and his
autobiographical description of the experiences that led him from
atheism to God, but still relying on reason and rejecting religion,
scripture, and faith. 

More info on the book, including link to Amazon page, after the
jump.

From the preface and foreword by fellow Prometheus-award-winning
novelist, Brad Linaweaver: 

Over the years many fans of J. Neil Schulman have said they want
another book by him. Sometimes you get what you ask for … but
it’s not always what you think you want. 

Neil Schulman is one of those writers who doesn’t just write the
same book over and over and over. He writes a book when he has
something to say. 

Neil crams more into single paragraphs than other libertarians
put into entire boring tomes. He can rattle off more limitations on
our supposed free speech that most of us ever consider. He can
recite a list of cultural taboos to frighten the staunchest social
conservative. Neil is a libertarian. So why is he so often in hot
water with other libertarians, the natural audience for this book?
… 

A libertarian defends the right to be wrong. It takes a lot of
effort to initiate force or fraud. Short of that, the libertarian
is tolerant of actions that liberals and conservatives cannot
understand. But a libertarian also has the right to judge the value
of values. 

A libertarian can have common sense. He can weigh the good and
the bad in the shadowlands where ideas have yet to be put into
practice. There is one kind of libertarian who will derive no
benefit from the words that follow. That is someone who has no
heart. 

“The Lord ain’t my shepherd Cause I ain’t no sheep. I’m a god in
a body Not Little Bo Peep.” 
By Steven Vandervelde on September 4, 2013 
Review of J Neil Schulman’s new book, The Heartmost
Desire 

“The Lord ain’t my shepherd 
Cause I ain’t no sheep. 
I’m a god in a body 
Not Little Bo Peep.” 

What is the essence of the individual human identity? We might
call it the personality or the ego, that which makes me, me. Is it
any less real to call it the soul, the spirit or the divine spark?
I do not see why it should be, if we are talking about the same
thing. Thus, the above poem could be misleading to anyone who
decides not to read further. 

Schulman is a philosopher, not a theologian. He writes about his
own personal experience and his interpretation of that experience,
and never demands that we accept his view on faith. He is not
trying to create a cult following. He is attempting to open a
reasoned discussion. Basically, his is telling us a story, a story
about what happened to him, and what he thinks it means. We are
free to take it or leave it, to accept the possibility that he
believes what he is saying and not trying to fool us, or to refuse
to understand and misrepresent his intention, as, unfortunately,
many have done. 

In the end, it does not really matter if Neil’s personal
understanding of his experience is true or false. It is his
experience, not ours. What matters is how we chose to understand
what he is telling us. No understanding will be gained by a swift
and superficial reading of his thoughts. 

It is crystal clear to anyone who has written poetry, to anyone
how has written fiction, or told a story, that there are other
forms of communication besides solid logic and hard
reason. 

Imagination.


Get yer free copy here.

from Hit & Run http://reason.com/blog/2013/11/04/get-a-free-copy-of-j-neil-shulmans-the-h
via IFTTT

Get a Free Copy of J Neil Schulman’s The Heartmost Desire!


Novelist and filmmaker J. Neil Schulman is
offering free Kindle editions of his book The Heartmost Desire
through November 5.

From the Amazon description:

The Heartmost Desire is author/filmmaker J. Neil Schulman’s most
personal book, containing his manifesto for why liberty is
necessary for human self-realization and happiness, and his
autobiographical description of the experiences that led him from
atheism to God, but still relying on reason and rejecting religion,
scripture, and faith. 

More info on the book, including link to Amazon page, after the
jump.

From the preface and foreword by fellow Prometheus-award-winning
novelist, Brad Linaweaver: 

Over the years many fans of J. Neil Schulman have said they want
another book by him. Sometimes you get what you ask for … but
it’s not always what you think you want. 

Neil Schulman is one of those writers who doesn’t just write the
same book over and over and over. He writes a book when he has
something to say. 

Neil crams more into single paragraphs than other libertarians
put into entire boring tomes. He can rattle off more limitations on
our supposed free speech that most of us ever consider. He can
recite a list of cultural taboos to frighten the staunchest social
conservative. Neil is a libertarian. So why is he so often in hot
water with other libertarians, the natural audience for this book?
… 

A libertarian defends the right to be wrong. It takes a lot of
effort to initiate force or fraud. Short of that, the libertarian
is tolerant of actions that liberals and conservatives cannot
understand. But a libertarian also has the right to judge the value
of values. 

A libertarian can have common sense. He can weigh the good and
the bad in the shadowlands where ideas have yet to be put into
practice. There is one kind of libertarian who will derive no
benefit from the words that follow. That is someone who has no
heart. 

“The Lord ain’t my shepherd Cause I ain’t no sheep. I’m a god in
a body Not Little Bo Peep.” 
By Steven Vandervelde on September 4, 2013 
Review of J Neil Schulman’s new book, The Heartmost
Desire 

“The Lord ain’t my shepherd 
Cause I ain’t no sheep. 
I’m a god in a body 
Not Little Bo Peep.” 

What is the essence of the individual human identity? We might
call it the personality or the ego, that which makes me, me. Is it
any less real to call it the soul, the spirit or the divine spark?
I do not see why it should be, if we are talking about the same
thing. Thus, the above poem could be misleading to anyone who
decides not to read further. 

Schulman is a philosopher, not a theologian. He writes about his
own personal experience and his interpretation of that experience,
and never demands that we accept his view on faith. He is not
trying to create a cult following. He is attempting to open a
reasoned discussion. Basically, his is telling us a story, a story
about what happened to him, and what he thinks it means. We are
free to take it or leave it, to accept the possibility that he
believes what he is saying and not trying to fool us, or to refuse
to understand and misrepresent his intention, as, unfortunately,
many have done. 

In the end, it does not really matter if Neil’s personal
understanding of his experience is true or false. It is his
experience, not ours. What matters is how we chose to understand
what he is telling us. No understanding will be gained by a swift
and superficial reading of his thoughts. 

It is crystal clear to anyone who has written poetry, to anyone
how has written fiction, or told a story, that there are other
forms of communication besides solid logic and hard
reason. 

Imagination.


Get yer free copy here.

from Hit & Run http://reason.com/blog/2013/11/04/get-a-free-copy-of-j-neil-shulmans-the-h
via IFTTT

Twitter's Pre-IPO Euphoria: So Deja Book

This morning’s announcement of the 25% rise in the IPO price of Twitter raised a few eyebrows across Wall and Main Street. Most will argue that investors have all learned many lessons in the 18 months since Facebook IPO’d to a clarion call for retail money large and small from every form of media that exists… The following headlines from the pre-IPO suggest, unfortunately, that we learned absolutely nothing

 

In the week leading up to the Facebook IPO:

  • Facebook to Set IPO Price Range High $20s to Mid $30s: WSJ
  • Facebook has set a price range of $28 to $35 for IPO: AP
  • Facebook Close to Pricing IPO at $38/Shr, WSJ Says
  • Facebook Indicated at $44-$45 on Nasdaq IPO Cross: CNBC

and then this week – ahead of the Twitter IPO:

  • *GORMAN EXPECTS ‘CLEAN’ OPENING TRADE ON TWITTER IPO
  • *TWITTER SEES IPO PRICE $23-$25, HAD SEEN $17-$20
  • *TWITTER IPO SAID TO BE OVERSUBSCRIBED SEVERAL TIMES AT $25/SHR
  • *TWITTER SAID LIKELY TO PRICE IPO ABOVE INCREASED OFFERING RANGE
  • *TWITTER RATED NEW BUY AT TOPEKA CAPITAL, PT $54

and so where did Facebook end up before embarking on its explosive price trajectory…?

Sure enough, the low end of the initial pre-IPO range…

 

But, of course, it’s different this time…


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/DA-dt_hI6DE/story01.htm Tyler Durden

Twitter’s Pre-IPO Euphoria: So Deja Book

This morning’s announcement of the 25% rise in the IPO price of Twitter raised a few eyebrows across Wall and Main Street. Most will argue that investors have all learned many lessons in the 18 months since Facebook IPO’d to a clarion call for retail money large and small from every form of media that exists… The following headlines from the pre-IPO suggest, unfortunately, that we learned absolutely nothing

 

In the week leading up to the Facebook IPO:

  • Facebook to Set IPO Price Range High $20s to Mid $30s: WSJ
  • Facebook has set a price range of $28 to $35 for IPO: AP
  • Facebook Close to Pricing IPO at $38/Shr, WSJ Says
  • Facebook Indicated at $44-$45 on Nasdaq IPO Cross: CNBC

and then this week – ahead of the Twitter IPO:

  • *GORMAN EXPECTS ‘CLEAN’ OPENING TRADE ON TWITTER IPO
  • *TWITTER SEES IPO PRICE $23-$25, HAD SEEN $17-$20
  • *TWITTER IPO SAID TO BE OVERSUBSCRIBED SEVERAL TIMES AT $25/SHR
  • *TWITTER SAID LIKELY TO PRICE IPO ABOVE INCREASED OFFERING RANGE
  • *TWITTER RATED NEW BUY AT TOPEKA CAPITAL, PT $54

and so where did Facebook end up before embarking on its explosive price trajectory…?

Sure enough, the low end of the initial pre-IPO range…

 

But, of course, it’s different this time…


    



via Zero Hedge http://feedproxy.google.com/~r/zerohedge/feed/~3/DA-dt_hI6DE/story01.htm Tyler Durden

Navy Commander Allegedly Swapped Confidential Info For Prostitutes, Brazil Acknowledges Spying on U.S. Diplomats, Negative Opinions of Obamacare Are Up: P.M. Links

  • According to court documents, Navy commander
    Michael Vannak Khem Misiewicz
    passed confidential information
    to a company run by a Malaysian businessman nicknamed “Fat
    Leonard” in exchange for prostitutes and Lady Gaga tickets.
  • The Brazilian government, which has complained about the NSA’s
    behavior in the past, has acknowledged that
    Brazil’s intelligence agency has spied
    on American
    diplomats.

  • Only 35 percent
    of voters think that American elections are
    fair.
  • Negative opinions of
    Obamacare are up
    , with 53 percent of likely American voters
    saying they view the legislation at least somewhat unfavorably.
     

  • Twitter
    has raised the price range for its IPO to between $23
    and $25.
  • Some 1,500 pieces of artwork confiscated by
    the Nazis
    have been found in Munich. The collection reportedly
    includes pieces by Matisse and Picasso.

Follow Reason and Reason 24/7 on
Twitter, and like us on Facebook.
  You
can also get the top stories mailed to
you—
sign
up here.
 

Have a news tip? Send it to us!


from Hit & Run http://reason.com/blog/2013/11/04/navy-commander-allegedly-swapped-confide
via IFTTT