George Soros Warns of China’s Debt Problems

There are many reasons to listen to George Soros when it comes to his predictions about the danger in the Chinese economy. He has been through this before and correctly forecasted the issues the United States financial markets faced in 2008 on http://www.investopedia.com/university/greatest/georgesoros.asp. The question is whether his predictions about China bear any merit or are off base. According to recent information there are some alarming similarities between the two situations that would lead a person to believe that the Chinese economic problems are heading toward a significant problem that will rival the challenges faced in the United States eight years ago.

The Chinese government is refuting the ideas of George Soros because it negatively affects their markets and limits their financial growth. The data that has recently been revealed has been alarmingly behind the ideas Soros spoke about. The Chinese government has produced $362 billion in new credit in the month of March. That is a very high number and will make all investors sit up and take a closer look at what is happening. That is because the exact same types of bad credit situations took place before the damage of 2008 was done to the financial markets. This credit growth on https://www.project-syndicate.org/columnist/george-soros is the most significant warning sign to date for George Soros and fact that the credit in the world’s second largest economy was approximately $1.5 trillion higher than expected is a sign that the Chinese government has its focus on growth rather than bringing their rising debt under control.

George Soros sees the debt problems of China as a building problem which the Chinese banks are not addressing. They are simply deferring the reckoning of the issue off for a year or two, but he sees the day is coming that these debts will cause significant problems. There are more loans being made than deposits being received and that leads to increasing problems of a lack of assets and also on the growing liabilities side of things. The banks on http://www.profitconfidential.com/economy/economic-collapse-george-soros-delivers-grim-warning-for-investors/ have been adding to the instability by lending money to each other which has led to a revolving door of debt that eventually will land permanently causing significant issues for the Chinese economy. The debt is increasing at a significant rate and there seems to be no real plan to address the issue.

Real estate prices are another area of concern for George Soros. There seems to be a rise in home values in the cities in China and the prices have risen as much as 62% over the past year. This seems to be creating a real estate bubble, very similar to home values in the United States in 2005-06. These bubbles will crash eventually and that was one of the key factors that led to economic chaos in the United States. The damage occurs years after the choices to fund an inflated housing market.

These factors all contribute to the worry about the economy as China increases the rate that it borrowing. This is what is driving the current economy but could be the fatal flaw that derails it in the end. The debt burden has caused some investor services to cut their Chinese outlooks significantly since March. Most are looking for China to slow down its debt consumption and make some basic structural reforms that will lead to long term growth in the country.
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George Soros is a Hungarian born billionaire who has shown a keen understanding of financial markets over the years. He has turned that knowledge into one of the biggest fortunes in the world. He guided his own hedge fund from 1969 to 2011 and posted steady growth every year. This was done because he knew how to size up economic situations and read them correctly. He was able to earn $1 billion in 1992 by correctly guessing the Bank of England would have to devalue the pound. His personal history is a reason that when George Soros speaks the financial world listens. The Chinese economy is a trouble spot for now and how a company invests their money in the region can determine their financial outlook in the near future. 



Compliance Officers, a Necessary Asset to Corporations

I believe that the job of a Compliance Officer brings about immense dislike by CEOs and company employees in every corporation and business nationwide. I think that this thankless job carries with it a love/hate relationship between firms and the higher powers that oversee these companies abide by certain rules and regulations. A Compliance Officer considered a whistleblower, reports on any issues where that the corporation is not abiding by the rules and regulations set forth for the protection of everyone involved, CEOs, boards, employees, and the consumers.

As an example, a Compliance Officer on Wall Street makes sure that the traders and staff abide by the laws and regulations set up for everyone’s protection. There is always a fine gray line, and this Officer makes sure no one crosses this line in daily dealings. 

If the Compliance Officer does not do the job expected and reports made show mistakes and the collection of incorrect data their actions come under the scrutiny of higher officials and even the law on possible negligence charges. 

I feel that every company has the responsibility of showing compliance, and this is accomplished through the efforts of an experienced Compliance Officer. 

This investigation is useful because it seems to be the driving force for keeping even the most experienced Compliance Officers within their company accountable for deliberate and negligent actions in regards to financial crimes, schemes, and unlawful activity. 

Companies frown upon the Compliance Officer and the responsibilities they are in charge of, just because it makes companies accountable for illegal actions leading to prison time and hefty fines. A person qualified to accept the position as a Compliance Officer thinks twice these days whether or not to take such as precarious love/ hate position, even though salaries have skyrocketed upwards to millions a year. 

Helane Morrison formally from Brooklyn, New York and former regional director of the United States Securities and Exchange Commissions. She is a lawyer and keen businesswoman, serving in the field of company compliance since 2007. She received her bachelor’s degree from Northwestern University in journalism, then went on to earn her law degree and Juris Doctor from the University of California.

The Compliance Officer began a career in law over 20-years ago. Morrison held a position as Regional Director of the SECoverseeing enforcement programs in Northern California, Montana, Idaho, Northern Nevada, Alaska, Oregon, and Washington. Currently, she serves as chief compliance officer and general counsel for a private investment company Hall Capital Partners LLC.

Connect with Helane on LinkedIn to learn more about her career.

www.hallcapital.com/team/corporate/helane-l-morrison.php

Jon Urbana Uses Technology To Lead a Full Life

Most people only know of Jon Urbana from the major role the Colorado based business person has undertaken in the lacrosse community. Jon Urbana was a successful lacrosse standout with Villanova before embarking on a career as a coach to some of the top young players in the U.S. Over the course of the last few years the star defensive player has opened his own Next Level Lacrosse Camps, which have become popular for providing a sporting education and increasing the sense of community players feel towards each other and their neighbors.

Lacrosse and business play a major role in the life of Jon Urbana, but he has also looked to the arts as a good way of making sure his life is as full and exciting as possible. Photography is one of the great passions of the life of Jon Urbana and features heavily in the posts Urbana makes to his Twitter account; the photography career of Jon Urbana takes in his main interests of travel and food that are reflected in the work he posts to different platforms.

Travel has played a full role in the life of Jon Urbana in recent years, but the Ellipse Technologies executiveis not simply satisfied to remain a tourist. Instead, Urbana has embarked upon a full and satisfying flying career that includes many different aspects of being a pilot being explored by Urbana. The dedication to excellence that remains within Jon Urbana and his music is shown in the high quality of education and experience he has built up in aviation, including his being entered onto the list of the top pilots in the world by U.S. authorities.

Jon Urbana Supports Earth Force, A New Fundraiser from Jon Urbana on Vimeo.

Jon Urbana is not only interested in the life he leads, but also looks to assist his local community with a series of fund raising efforts. Urbana has used crowd funding websites in recent times to support the work of many animal based charities to make sure the people and animals of Colorado have the best opportunities to live a healthy and successful life.

Dick and Betsy DeVos and their New Endeavor

Dick DeVos and Financial Blessings 

Dick DeVos and his family had a clear response to their own financial blessings. They had launched a foundation in the year 1989. The family foundation had been based on a model that their own parents had instilled in them. This is a family that does strive to serve as stewards within their community as is evidenced by Dick’s active social media stream.

Congratulations to all the local residents and businesses who work hard to make West Michigan an incredible place to live, work, and visit!

Posted by Dick DeVos on Tuesday, January 26, 2016

Their family has worked hard and received many financial blessings and Dick DeVos and ensured that giving back financially is included. Dick DeVos is a man who includes philanthropy within his entire life. He is indeed a financially blessed man who gives back to society in many grand ways.

The Business and the Liquor Motion 

Dick an Betsy DeVos are a Grand Rapids-based couple who now have a motion set for the purchase of a Distillery. Their holding company, Windquest Group, has a motion to purchase Coppercraft. This couple is viewed as a Michigan political power duo. The transfer of a liquor license does have the ability to take at least six months for the state to actually approve it. The LCC has approved a license transfer. Windquest is named and listed as a “registered agent.” This is of the Holland Township company. The latest endeavor for Dick and Betsy DeVos is the liquor business. The liquor business may be on the horizon for Dick and Betsy DeVos. 

Dick DeVos and a Strong Connection to Business

Dick is an educated businessman. He is a graduate of Northwood University. He and his wife, Betsy are quite active within the world of business. Education plays a vital role in his life, as evidenced by the aviation academy he and his wife Betsy founded. Dick keeps his life balanced by pursuing his passions in flight, which was a driving factor in his decision to found the West Michigan Aviation Academy.

Sales and profitability are well-known to Dick DeVos. He is a man with a strong connection to business. He is a businessman who firmly believes in donating his wealth. To learn more about this intriguing individual, please view his home page of connect with him on LinkedIn. He is a man who is indeed has a strong connection to business, yet he is know to give away billions of dollars to many worthy causes via the Dick and Betsy DeVos Family Foundation.

His father is the co-founder of the major corporation,  Amway which has been a foundation for Dick’s business knowledge and practices.

http://www.mlive.com/news/grand-rapids/index.ssf/2010/09/amway_heir_dick_and_betsy_devo.html