[KR860] Keiser Report: Have US & Chinese Wages Already Converged?

We discuss central bank insiders admitting market rigging on television, confusing those who had bought the propaganda about Fed power to end boom and bust cycles. In the second half, Max interviews Dan Collins of TheChinaMoneyReport.com about the convergence of American and Chinese wages having already arrived. They discuss the two limit down days in Chinese markets so far this year and the significance of North Korea’s alleged H-bomb test for the Kim regime.

397 comments on “[KR860] Keiser Report: Have US & Chinese Wages Already Converged?
  1. Youri Carma says:

    OIL GLUT Encore

    Meet Manifa (And Other Giant Oil Projects) That Will Add To The Global Oil Glut http://www.zerohedge.com/news/2016-01-11/meet-manifa-and-other-giant-oil-projects-will-add-global-oil-glut

    – China’s Demand for Crude is Showing Signs of Cracking
    – Oil Seen Heading to $20 by Morgan Stanley on Dollar Strength
    – Guggenheim’s Minerd Sees Equity Bear Market, Oil Falling to $25
    – Banks in U.A.E. Seen Ready for Extended Slump After Drop in Oil
    – Rouhani Expects End of Sanctions in Days, Iran Revival to Follow

  2. poopysnot says:

    A revised version of David Bowie’s Space Oddity, recorded by Commander Chris Hadfield on board the International Space Station

    “Rest in peace, Starman”

  3. ronron says:

    @Vonda. what is it you don;t understand by, get lost?

  4. Youri Carma says:

    Crazy! Mutant Pig with Monkey Face Freaks People Out In Cuba

    The Pig Man!

  5. Flopot says:


    Maybe there’ll be further revelations about Bowie ;)

    Yup; everyone’s calling him a genius.

  6. ronron says:

    oh, and fuck the whining smelly fucker,

  7. Flopot says:


    I considered it for a nano-second; saw that it all fits and tis now filed under AZE bulls**t.

  8. ronron says:

    @Flopot. he was no Frank Zappa.

  9. Vonda Bra says:


    well, the snappers snap .. and show it off! ;-) .. just happened again ..

    the wiser, more conscious ones, keep their cool AND still stay authentic!
    they must have worked on themselves (never without painful experiences along the way) or done something right! .. naturally! :-)

    I said it here before .. its the time “to separate the wheat from the chaff” …
    and it really does already show … open your hearts and minds! NOW!

    Stay in your center and don´t take sides in a premeditated “war on yourself” ;-) .. that you can´t win, if you give in!
    .. unless you keep “untouched”, open minded, but in the know (secretly! you must not play their nefarious game).
    .. a “mental” war, disguised as: Western ethics?, democracy?, the merit of the “occident”?, Christians ag. Muslims?, West ag. East, … whatever f-ing spin!
    RESIST, don´t buy it! .. don´t play along!!!!

    Spartacus! anyone? :D .. well, at least lets try! ;-)

    Not sure, but I have a feeling, we could be in for some surprises … if we want them!? :D

  10. Youri Carma says:

    Ricky Gervais’s best jokes at 2016 Golden Globes

  11. Youri Carma says:


    Ricky Gervais Opens the 2016 Golden Globes

  12. Vonda Bra says:

    @ ronron

    what is it you don´t understand/comprehend if I`d respond::
    “I could´t care less” ???

    wouldn´t want you to “get lost” though ever… but If you choose so (I doubt it!! ;-) ), what could I do? or even would want to do?

    are you aiming to chase me away like you did with @ Jogador?
    (in a “square head – wise” kind of notion ?)
    I feel for you! … honestly!

    any chance you calm down and come to your senses?
    get a grip!!! .. you street-fighter! ;-)

  13. ronron says:

    @Vonda. you don’t seem to understand english.

  14. Youri Carma says:


    Von Bra does ;)

  15. Vonda Bra says:

    @ ronron

    ha! :D .. probably, in your world and perception! … btw, as of NOW ?
    all of a sudden? (well, there were pond-interferences before .. ok, that didn´t seem to bother you though .. as they were always “reviewed”)

    .. as a non-native speaker, volunteering and giving my best (learning every day!) on an international blog for over 7 years+ now, ( a whole lot of people seem to to get my “nonsense” .. still! :D ) .. I`m sure I`m still lacking a lot, but nothing that you would know of! :P

    You seem to be asking for slaps? why FFS? …. don´t tempt me!!!!!!!!!

    what are you trying to pull off here?, while not even recognizing you might be making a complete fool of yourself? for the world to see? …

    I`m sure your polish (or any other language, make your choice? … prove it on a daily basis!) is perfect! ;-)
    lets see some, Rambo!

    What are your up to in your silly rage?

    WTF !!! ????????

  16. Vonda Bra says:

    @ rorron

    re: above post
    If my english and over all understanding, was too flawy for you .. don´t hesitate … let me/let us all know, you running amok-for no reason-Rambo!

    canadian “Rumpelstiltskin” ???? .. are you serious ????

  17. Vonda Bra says:

    @ Youri

    thanks! ;-) respect!!!

  18. poopysnot says:

    Is it true that Zappa didn’t get along with Bowie very well? doesn’t matter but does anybody know?

  19. poopysnot says:

    dead thread, I got carried away with the Bowie Trivia thing maybe

    lol g’nite everyone =)

  20. Vonda Bra says:

    @ poopysnot

    hmmm … interesting! No idea?
    thanks for asking … lets see, if someone can contribute to that?

    OTOH, Zappa was known for a merciless attitude in “screening” (nowadays called casting) peeps/musicians! … as well as “picking” genius musicians, his own way …

    the story goes … about Vinnie Colaiuta (the absolute Master genius-drummer of all times) … being late for an audition with “the Frank” … receiving delegation for being too late … at first .. then was given a “horrible”, almost unplayable sheet .. play, or get lost! (haha, familiar language here somehow right now, right?)

    anyway ..

    well, this absolute genius managed, of course!!!, to pass the Zappa-test
    even under … well, lets compare it, to ronron-like rambo, negative conditions .. :D

    Later on, he quickly became a hero amongst real musicians, Gino Vanelli f.e. immediately saw this mans ingenuity!!! .. firstly made him give it all and show in his album “Nightwalker” .. still one of his best albums btw, … anyway …

    taste it , and give it a try here: (if my english is even good enough to be understood?) :-)

    Gino Vannelli – Nightwalker (1981)

    and really showing his artistic craziness, here :
    Gino Vannelli – Santa Rosa (1981)

    FFS listen!!! many times .. from a musician/drummer perspective .. enjoy!
    a man with 12 feet and 24 hands? ;-)

    Frans was given that same listiening-advice, many moons ago, but for bass reasons :D .. If I remember it well, he “understood”.

    if you can bear exciting bass as well as drummer-stuff –> give it a try! :D
    listen again: https://youtu.be/-CHcdvDc95k


    PS: long time readers KNOW, I am an absolute “hard core Gino Vanelli-Fan!!!” :D … it is and always was “Musicians music” though … but still “average peeps recognized his enlighting lyrics” – stuff … well oh, yeah! :-)

    I was lucky enough to see/watch and enjoy these incredible fuckers live, once in L.A.! forever unforgettable!!!!!!!!!!

    @ all .. please enjoy (@ Flopot ??? will you give it a try!?) ;-)

    @ Youri will enjoy, I`m sure! .-) ( didn´t I introduce you to him years ago ?)

    y´all gotta join in!!!! ;-) :-) … a genius performing … (and very much so also, especially lyrics wise!) … what a highlight !!!!

    https://www.youtube.com/watch?v=qS4fZKj9XSU —-> enjoy!!! :-)

    Puhlease !!! :-) MUST LISTEN !!! :-) .. (Oh, Canada?) ;-) :D

    you gotta! :D … click this one of a kind musicians, with heart & soul ….
    enjoy the ride …

    @ all | @ Youri —> enjoy!!! :-)

    the lyrics … ? pay attention! listen !!! :-)

    PS: says someone recently suspect of NOT understanding english! ha ! :-)

  21. Vonda Bra says:

    @ bbrebozo


    I`m sure xou`ll enjoy that!!!! :-)

    say so, if not please! :-)

  22. Flopot says:


    I will sample some of that Gino but I’m not a connoisseur.

  23. Flopot says:


    Oy Gevalt! Maybe it is true love ;)

  24. Flopot says:


    Vonda is not only adept at English but, crucially, has a killer sense of humour aswell. Underestimate at your peril. I struggle with English — my understanding of grammar is minimal and I learn more “by ear”* and experience — but enjoy it if I get the right expression.

    *Vonda also has a deadly memory, hence this nod to a previous conversation about zee quotes

  25. Flopot says:

    *if I get the expression right?!?

  26. Flopot says:

    Btw, check out Orlov’s introduction to his new book…


    The pitfalls and the waiting Pit bulls ;)

  27. Flopot says:



    And don’t forget the SAS death squads clad in black and spearheading the attacks…sorry I mean “disrupting ISIS” ;)

  28. poopysnot says:

    @Vonda – I’ll have to check some those links out later tonite, I’ll be out of the office for the day, Thanks =)

    Probably the obscurest Zappa cd I’ve ever heard (I’m a Zappa novice) is ‘Ship Arriving Too Late To Save A Drowning Witch’

    @Vonda&ronron – Try to go easy today you guys. The newmoon and mercury’s retrograde are both yanking the whole world around right now. so, Cheers, til tonite.

    I dont think ronron really meant any harm.. K.. I’m out..
    ~ P e a c e ~

    ((that was rushed))

  29. Youri Carma says:

    Double Barreled Hidden Q.E. to Infinity
    11 January 2016, by Jim Willie (Golden Jackass)

    Jim Willie Article Oversight:

    Jim Willie Media:

    Or same article with a bit different desktop read on Silver Doctors: Jim Willie: Double Barreled Hidden Q.E. to Infinity http://www.silverdoctors.com/jim-willie-double-barreled-hidden-q-e-to-infinity/

  30. Youri Carma says:

    Jim Willie: “Take a closer look at the developments within the USTreasury market where private accounts have emerged in recent months to purchase the referenced inventory of USTreasurys that China and others are dumping.”

    So funny that in the MSM the dumping by China of US treasuries is touted as a positive thing since, while the US economy is great, there is a growing need for save haven assets according to them.

    As China Dumps Treasuries, World Sees No Better Place for Refuge
    10 January 2016, by Andrea Wong (Bloomberg)

    – Threat of global turmoil will boost demand for U.S. bonds
    – State Street, BlackRock see Treasuries support as China slows

  31. susan says:

    Talking of Jim Willie…

    I hate to be so sceptical, I really do, but I listen very carefully to what JW says, and just recently some of what he’s been saying not only ties in with the East vs. West meme, but also sometimes doesn’t make logical sense.

    Here’s a good example: towards the end of this interview (from 1h57), he talks about Indian temples being encouraged to give up their gold, and that if they don’t, ‘they’ will kill a few people. This I believe, as we have seen many examples.

    Trouble is, in the very next breath, he says the Bankers are on the ropes! He implies that the gold will underlie the global economy, but that very little of it is in the Bankers’ hands.

    Eh?? They stole the gold on 911, then Iraq’s gold, they stole the gold of the Saudis, they stole Libya’s gold, they stole Ukraine’s gold, they stole Mali’s gold, they re-stole Venezuela’s gold, they won’t give Germany back its gold, etc.

    And yet they’ve got no gold? Did they sell it to keep the paper system afloat, of have they hoarded it all in order to bring back a gold standard, running the paper game long and hard à là Bix Wier?? Has Alan Greenspan been coordinating all of this from behind the curtain?

    Also, JW’s talk or re-building the manufacturing base of the US chimes very well with ‘philosophyofmetrics’ analysis of what the International Bankers are trying to do, to remove the reserve status from the dollar in order to make it competitive again.

    What am I missing??

  32. Youri Carma says:


    I think what’s implied here is that the stolen gold is used to keep the Comex a life. What we know is that there is a substantial stream of gold going from West to East. That would suggest that this stolen gold is also disappearing in that direction. And the stolen gold ain’t that much if you look at the great scheme of things.

    I think the Comex doesn’t need any gold at all since it’s all done in paper and cash settlements (fraud) anyways. That’s also why I think the Comex won’t default but simply will be ignored when push comes to shove.

    But frankly speakin no one knows for sure what happened to all that stolen (also at 9/11 and Fort Knox) gold. I would suspect that all that gold is stolen by the elites who know that the big reset is coming and are preparing for that.

    Or maybe the stolen gold is used to keep some people happy (most likely in the East) to prevent an earlier collapse, who knows?

  33. Youri Carma says:

    9/11 Missing Gold
    Precious Metals in WTC 4 Vault: Only a Fraction Recovered?

    Fort Knox Looted of 7,000 Tons of Gold in 1973-1974 says 1981 Article! http://chasvoice.blogspot.nl/2013/04/fort-knox-was-looted-of-7000-tons-of.html

  34. Youri Carma says:

    Tony Gambino, who declared in a 2007 radio interview: “I know for a fact that Bush [and other] U.S. government leaders had prior knowledge and helped organize 9-11. They did it for many obvious reasons, one being to instigate a war in Iraq. But they also did it to get their hands on all the gold that was hidden below the [WTC].”

    Gambino claims that his grandfather’s construction company built the WTC and installed underground vaults to warehouse vast quantities of gold, where it was later stolen on 9-11.


  35. Flopot says:


    I suppose they could’ve sold all the gold as part of the price manipulation. But they’re not stupid — they know gold’s inherent value. So I agree, they’re hording it and this is a particularly enlightening remark…

    “running the paper game long and hard”

    They have an ending in mind, perhaps?

  36. Youri Carma says:

    “Unprecedented Demand” – US Mint Sells Nearly As Much Gold On First Day Of 2016 As All Of January 2015 http://www.zerohedge.com/news/2016-01-11/very-unusual-move-avenue-capitals-junk-bond-fund-stops-reporting-asset-levels

    Sales surge after U.S. Mint quadruples silver coin allocation

  37. Flopot says:


    I still think there is a possibility of “Savile” like revelations about Bowie. He has some dubious fans, e.g. Gordon Duff seems like a monster from his responses to commenters in this article.

    Good grief.


  38. YoLithos says:

    A researcher has developed a smartwatch app that can interpret hand motions and translate the movements to specific keystrokes on 12-keys keypads, as the ones used for ATM PIN cards. The app sends the data to a nearby smartphone, which then relays it to a server, for analysis. The whole AI algorithm on which it’s built has a 73% accuracy for touchlogging events, and 59% for keylogging. The entire code is on GitHub, along with his research paper, and a YouTube video.

  39. Youri Carma says:

    Forget $20 Oil: StanChart Says “Prices Could Fall As Low As $10 A Barrel” http://www.zerohedge.com/news/2016-01-12/forget-20-oil-stanchart-says-prices-could-fall-low-10-barrel

    BP Fires 4,000 As Oil Slump Deepens


    Devaluation Odds Spike To Record Highs As Market Bets Saudi Dollar Peg Will Fall http://www.zerohedge.com/news/2016-01-12/devaluation-odds-spike-record-highs-market-bets-saudi-dollar-peg-will-fall

    Nigerian Currency Collapses After Central Bank Halts Dollar Sales To Stall “Hyperinflation Monster” http://www.zerohedge.com/news/2016-01-12/nigerian-currency-collapses-after-central-bank-halts-dollar-sales-stall-hyperinflati

    After “Murderous” Squeeze, China Boosts Capital Controls By Ordering Banks To Limit Yuan Outflows http://www.zerohedge.com/news/2016-01-12/after-murderous-liquidity-squeeze-china-boosts-capital-controls-ordering-banks-limit

  40. Flopot says:


    Could that used, say, to translate sign language into text?

  41. Flopot says:

    This is probably irrelevant and purely coincidental but I think the Istanbul bomb was also near the remains of the Plataea monument.

  42. microhousehold says:

    Re: Cologne attacks

    Ford-Werke built trucks and armored personnel carriers for the German armed forces.
    The company also manufactured the V3000 V-8 truck series.
    Most notably, Ford-Werke manufactured the turbines used in the V-2 rockets.
    In spite of the heavy bombing of Cologne,
    the factory got off relatively lightly and after the war production was able to restart in May 1945 with truck manufacture, the US government having paid $1.1 million in consideration of bombing damage


    For the global public looking on,
    flooded daily with news and op-eds about how much of a threat Russia is to global peace and stability,
    the fact that the US Department of Defense is still essentially buying rockets from Russia
    to put American satellites into orbit should serve as a reminder that nothing resembling actual principles,
    facts or honesty guides US foreign policy or how it is presented across US and European media.



    Now who is sponsoring these muslims?

  43. YoLithos says:

    What’s the use of rebuilding an old industry in a new paradigm? Shouldn’t it be new industry, as different and divergent from the old as the ones the new paradigm is starting to hint at? As for education that needs to meet the world outside the walls of monasteries, cathedrals, or more? From the mainframe to the personal, and then to the connected cloud. High, low, and lower. The new mob. The new rabble.

  44. Youri Carma says:


    I don’t think there will be any ‘Savile’ like rape revelations about Bowie. He was bisexual and enjoyed ménages à trois but that’s something completely different and is all out in the open. Artists can easily get away with that publicly anyways.

    I often wonder if I would be able to control myself with so much money. I would probably swim naked in a pool of oiled woman lurking on an opium pipe. Even take a picture of it, publish it and claim that this is just one other of my many artistic projects ;)

  45. microhousehold says:

    Or neo nazi’s for that matter.

  46. YoLithos says:

    There’s an app for that. Several, actually. Plus poorman’s version of that Star Trek wearable sensor net for the blind.

  47. susan says:

    @Youri @Flopot:

    thanks for that.

    Yes, “who knows?” – exactly! How are us peons ever supposed to be able to check any of this out, and even if we do ever go onto a ‘gold standard’, who’s to know whether one country pays with gold or not?? Seems to me even this system is open to massive fraud as well!

    Re the term ‘running the paper system long and hard’ it’s an image I gleaned from Bix Wier, where he says the Fed knew exactly what they’ve been doing, and it was all done expressly in order to crash the system. He who is left holding the gold (and all the real estate, I might add) wins….

    I have difficulty reconciling Bix’s theory that there are two groups, goodies and baddies, as the timing seems too much of a coincidence to me, both parties waiting until near the very end?

    Nah, seems much more logical (to me) that there is one party, and they intend to have one helluva party when this mother blows….see the Protocols!

  48. susan says:

    Sorry Flopot, my hopium balloon burst yesterday!

  49. Flopot says:


    Savile wasn’t condemned for being bi-sexual ;)

    Anyway, this Gordon Duff fellow seems particularly repugnant with the views he’s espousing in the comments section of that article. I know he openly admitted posting disinformation but now I think he’s a complete shill; perhaps worse.

  50. Flopot says:


    Ah, but we’re talking real hopium here…the stuff Obama made everyone sniff. I’m not talking about our sarcastic hopium ball.

  51. Flopot says:


    That’s a real, humane free market at work then. Nice one. Stuff that helps humans…not stuff that simulates then substitutes!

  52. Youri Carma says:

    Oil is taking a fresh dive …

    Brent crude $31.00 and U.S. crude $30.50 A Barrel Now

  53. Flopot says:


    I know ;)


    We can guess who is still sitting on all that gold. The real question is one of geography — answer that and then we really know :D

  54. YoLithos says:

    Of course (@Flopot II), given what’s going on in modern biotech, neural-pairing up a blind person with cybereyes, with someone else with normal vision, and having both share what each other sees – or more – wouldn’t be inconceivable. Maybe not that far off, even. If it’s not already a neatly scripted idea pinned somewhere on Dr. Nicolelis’s Soong Wall as an academic equivalent of a post-it.

  55. Flopot says:

    @YoLithos 2.0

    Well, I didn’t exactly suggest that but whatever…

  56. Flopot says:


    Don’t forget there are those that can see yet are completely blind, e.g. getting your news about the Syrian conflict from AZE TV ;)

  57. Flopot says:


    Well, I briefly listened to Gina and immediately thought of The Hoff…


    …which is completely unfair ;)

    I will listen to more stuff because I did like some of the music.

  58. YoLithos says:

    Now where… Ah, yes. Here’s something.
    Or just search for something like ‘sign language translator’ and, if necessary, refine it with something like ‘visual’ or ‘real-time’ or ‘gesture’.

  59. Flopot says:



  60. Youri Carma says:


    LOlz … and oil was oily and blobbed.

  61. microhousehold says:

    Mafia in control of Oil

  62. Youri Carma says:

    Oil $29 handle in sight now …

    Crude Curve Collapses – Market Sees Sub-$50 Oil Through 2021

  63. susan says:

    “It’s clear, it’s a takeover”



    We’ve got to admit it, if only here, it’s a takeover!!

    JW does great background analysis, but he hasn’t taken his own advice: assume deep corruption!

  64. susan says:


    there is now a 10.5% tax in France if anyone would be daft enough to cash in their PMs

  65. YoLithos says:

    That old third world thing of forbidding the people from buying dollars. Leaving them stuck with eroding currency or bidding up used goods and ‘medallions’ as value reserves that no-one will want to buy when they need to convert them. The over-the-counter ‘stable’ reference on those deals will of course not be the local floating currency.

    What if it also happened in the USA? Though, in reserve currency land signs and directions are usually inverted. As in government accounting. So they might actually force people to buy nothing but dollars, there? Forcing them to sell is also an option. Or just to hand them over pronto. In that old ‘stand and deliver’ tradition.

  66. YoLithos says:

    Making the US into a jobs and industry N. Korea clone might not be a very progressive proposal. Even as a focus and example from which ‘the niddle-class’, er, ‘middle-class revolution’ can safely spread. Comparatively – for example – to the Lenin-Stalin x Trotsky debate on internationalization. It might be more useful to concentrate on the imbalance caused by the artificial imposure of the US$D as the world reserve currency, and how that skews economic flow and wage levels as well prices – relative and otherwise.

  67. Evolutis says:

    Interesting and well researched observation

    ‘There are many models of computation: Imperative versus declarative versus functional languages, SISD versus SIMD versus MIMD architectures, scalar versus vector versus multi-core processors, RISC Versus CISC Versus VLIW instruction sets.’ [brute force domestication of all that was/is, not domesticated?]

    ‘But there is only one underlying physical reality: A patch of space can contain states, which can interact and take time to transit.
    …Anything else is a fiction.’ – N. Gershenfeld

    Seems it does not matter what happened 13 seconds ago. Now, is always within your limitations and in front of you … physical reality cannot sit still for monetary fiction.

    “Just a given thing, that we would share things”[in an expanding universe]

    respect for the diversity, the constant change, of the underlying physical reality.

  68. YoLithos says:

    I wonder if those sign language interpreter apps can be tweaked to augment interpreting regular spoken Italian?

  69. Youri Carma says:

    10 Year Could Drop Below 2% Within Days, Citi Predicts

    Bond yields collapsing almost as fast as stocks

    US Generic Govt 10 Year Yield 2.15% Yesterday
    US Generic Govt 10 Year Yield 2.11% Now

  70. microhousehold says:

    Re: sign language interpreter apps

    I am sure some languages will require a dance to go along with the signs.



  71. Youri Carma says:

    Topol-M: world’s fastest nuclear missile 26,000 km/h (MACH 21) https://www.youtube.com/watch?v=FqKWRfRXnEE

    It are the U.S. satanists who are trying to unleash WWIII with their crazy ‘Wolfowitz Doctrine’ and the Russians are just showing us that’s not a good idea.

  72. Youri Carma says:

    Keiser Report: Bonfire of Misallocated Capital (E861) with Lee Adler


  73. Flopot says:

    Meanwhile, here’s how you get a batshit crazy “Muslism” mercenary army…


    The AZE absorbs people into a brainf**king matrix. I’m shitting here realizing I’m a living node in that mindmangling field.

  74. Flopot says:


    Museli army — with nuts ;)

  75. Flopot says:


    It’s the predictability that’s draining…can you guess my name? Yup.

  76. Flopot says:

    Hey Chris, you can’t say they never warned us. This strategy was revealed years ago…

    “The decades-long assault on the arts, the humanities, journalism and civic literacy is largely complete. All the disciplines that once helped us interpret who we were as a people and our place in the world—history, theater, the study of foreign languages, music, journalism, philosophy, literature, religion and the arts—have been corrupted or relegated to the margins. ”


  77. Flopot says:

    Dead thread approaching.

    What do you mean “Dead thread approaching”?

  78. poopysnot says:

    not yet.. hi Flopot =)~

    Next Bubble to Burst Is Bigger Than Previous Two Combined
    Peter Schiff on Fox Business – Jan 12, 2016