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Bullboard - Stock Discussion Forum L&L Energy, Inc. LLEN

"L & L Energy Inc is currently engaged in the business of coal mining, coal consolidation, and wholesaling in the People's Republic of China and its operations are conducted in the coal-rich Yunnan Province in Southwest China."

OTCPK:LLEN - Post Discussion

L&L Energy, Inc. > Confusion
View:
Post by brotherM1 on Oct 02, 2012 9:36pm

Confusion

US growth 1.3% this past quarter. China 6-7% or so. US faces financial cliff. China has more money than they know what to do with; able to easily stimulate their economy for decades to come if necessary. China can crush the US by selling their US bonds. Yet the divergence between the Shanghai and the S and P broadens with a negative correlation to the growth and stability of the economies?????????????? Someone please help me understand this. PLEASE

https://bigcharts.marketwatch.com/interchart/interchart.asp?symb=shanghai&insttype=&time=8&freq=1

Comment by barsolid on Oct 03, 2012 1:28am
Patience.  Too much fraud and corruption in China.  It needs to be cleaned out a little by the new regime coming in.  They also free'd up coal prices inchina and they are down some.  Even though the numbers show 7% they are not really accurate and the financial system is so screwed up that the money can't get down to the real SMEs (Small and Medium enterprises, study up ...more  
Comment by brotherM1 on Oct 03, 2012 12:04pm
Thank you Bar. I was counting on you to come out of the brush. I will soon take time to read up on the incoming regime>
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