Sunday, March 1, 2009

Power transfers from East to West

Why China's Economy is Booming

How could China explode higher when the world is in its worst financial crisis since the Great Depression? What about the tens of thousands of factories closing in China and the millions of Chinese losing their jobs that we're hearing about? Read the article to find out why China is booming

Posted by sold 2 rent 1 @ 01:11 PM (1362 views)
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12 thoughts on “Power transfers from East to West

  • sold 2 rent 1 says:

    Mistake – The Title should read

    Power transfers from West to East

    Reply
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  • sold 2 rent 1 says:

    After surging a whopping 45%, the Chinese stock market is now the best performing market on the planet.

    Could the Martin Armstrong high on 19 April be in Chinese stocks

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  • AEP’s article (see today’s articles) says China’s economy has suffered a big knock.

    I accept that China is growing, but AEP says it won’t save us (or Taiwan or Japan).

    Reply
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  • sold 2 rent 1 says:

    Alan,

    China is securing loads of physical resources at the bottom of the market. It is trying to spend its soon-to-be-worthless USD. The commodity prices will soon begin their final ascent to a mega blow-off bubble by spring 2010.

    The collapse of western currencies, government bonds, corporations and finally governments in 2010 will be looked on by China and similars in the same way as we looked on in 1989-1991 when the Soviet Union imploded

    Reply
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  • Easy now bellwether. There’s no need for insults.

    I find the article very bullish. Although there are sound reasons for thinking that China may get out of the global slump relatively unscathed, I doubt that they will manage to spend all their reserves usefully become their USDs become near worthless. China also has huge social problems ahead in terms of the aspirations of their citizens versus reality and as Bellwether says, their economy is still relatively small compared ot the Western world.

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  • sold 2 rent 1 says:

    bellwether,

    Commodities will peak in spring 2010 off the back of a western world currency (debt) crisis, and a rush for physical assets as western fiat currencies are exposed as being potentially worthless.

    “China is not even a 10th of the size economically of US and Europe”

    We have yet to see western currencies fall by 80-90pc against low debt emerging economies. U.S. and Europe economies are shrinking fast. We could see a 30-40pc collapse in GDP in 18 months. Add these 2 factors together and the GDP top ten countries could look very different in 2 years time.

    Is all this unimaginable? Remember change is accelerating into a singularity

    QG,
    China will have its own problems, but nothing compared to the West.

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  • sold 2 rent 1 says:

    Also the Armstrong high is only 6 weeks away and the financial news is as grim as ever.
    So if this is the high, how bad will the low be in June 2011?
    More than most can possibly imagine

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  • Does anyone still take chinese data seriously? The only worthwhile fact in the article is the growth in mercedes benz sales. And who can believe that china will act as a locomotive pulling the would out of recession? At most they will push up raw materials prices.

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  • bellwether.

    has china’s economy always been 1/10th the size of the US / EU ?

    if not, then is the trend bigger or smaller ?

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  • I am new to this forum, but have read many of the comments posted.
    I wonder how to best invest in the Chinese economy and how to buy Chinese currency.
    Do I need to set up an account with a Chinese bank?

    Reply
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  • s2r1,

    I believe Zimbabwe’s stock market is performing better than China’s. It has surged tenfold so far this year, in US Dollar terms.

    Reply
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  • “2. sold 2 rent 1 said…
    After surging a whopping 45%, the Chinese stock market is now the best performing market on the planet.
    Could the Martin Armstrong high on 19 April be in Chinese stocks”

    Martin armstrong high? That explains a lot.

    PS if he says there will be a high, but you don’t know what in, it a worthless prediction. You may as well cross a gypsys hand with silver.

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