Another US recession 'cannot be ruled out'

[jdme]

Oppressed post colonial states of Africa, SEA and Latin America looked up greatly to the Soviet Union. Along with China, Russia has been and always will be the beacon and model for the world's poor that don't want to end up like the Philippines.

I see opium is not totally gone from China. Can you pass some?

 

[below_freezing]

I would think that all those resources the Soviet Empire stole from these countries would enable it to survive......Instead, it ignobly and spectacularly collapsed and its |>itch China was forced to change in order to survive as a country.

the USSR was a resource exporter; the US is a net resource importer. Only the US looted resources, never Russia or China. China pays full market price for all its resources and in fact until the 21st century, was also a resource exporter. Only the US installs puppet dictatorships to loot resources from impoverished countries.

 

[gambit]

the USSR was a resource exporter; the US is a net resource importer. Only the US looted resources, never Russia or China. China pays full market price for all its resources and in fact until the 21st century, was also a resource exporter. Only the US installs puppet dictatorships to loot resources from impoverished countries.

marxist.org have a decent layout of what the Soviet Union import. Of course, that is 'legal' and reported. They do not dare to have what the Soviets actually stole as testified by East German defectors.

 

[below_freezing]

marxist.org have a decent layout of what the Soviet Union import. Of course, that is 'legal' and reported. They do not dare to have what the Soviets actually stole as testified by East German defectors.

Defectors always lie to make their side look worse. You believe them?

 

[Developereo]

I am gonna exit the market as soon as I recover recent losses.

Investors are so edgy, we are at the edge of a precipice in the stock markets. It's becoming clear that most of Europe has been living way beyond their means for a long time. If there is even the slightest hint of trouble in Germany, its going to roll downhill real fast.

 

[gambit]

Defectors always lie to make their side look worse. You believe them?

And communists always lie to try to make their evil ideology and societies not as bad as history showed them to be.

 

[Anna hajare]

Why are we still talking about recession. DId people not see that the market indexes have agained climbed up after couple of day s of panic. Even asian marekts doing well

 

[Developereo]

Why are we still talking about recession. DId people not see that the market indexes have agained climbed up after couple of day s of panic. Even asian marekts doing well

Given all the economic indicators, there's a lot more downside than upside.

There's an old investment maxim: don't try to catch a falling knife.

 

[khurasaan1]

You will need to go to sleep for a loooooooooooooooong loooooooooooooooooooooooooooooooooooong time, longer than Rip van Winkle, before your "dream" of America's bust will come ture.

The US bust is going to be overnight.....You will wakeup one morning and hear that the $$$ has been thrown out of the worlds business. for good and it is nomore accepted anywhere ......Insha-Allah...........

 

[Spring Onion]

YES but US will recover for sure so all those hatemongers who are jumping like anything over US economic crisis must be realistic

 

[Black Widow]

The US bust is going to be overnight.....You will wakeup one morning and hear that the $$$ has been thrown out of the worlds business. for good and it is nomore accepted anywhere ......Insha-Allah...........

Don't be that happy, Problem in USA will directly affect us. Sudden transition will kill not only American, but Indian as well. World business is directly related to America. If America fall we all will fall..

Europe is already in trouble. China and India are doing good, but these two countries are not powerful enough to absorb all the shock wave.. Please for god, don't wish something which will backfire on u.

 

[below_freezing]

Don't be that happy, Problem in USA will directly affect us. Sudden transition will kill not only American, but Indian as well. World business is directly related to America. If America fall we all will fall..

Europe is already in trouble. China and India are doing good, but these two countries are not powerful enough to absorb all the shock wave.. Please for god, don't wish something which will backfire on u.

Trust me, India will be better off once the US collapses. The US is exporting inflation to you and directly kills Indians as a result of food inflation.

 

[Obambam]

Why are we still talking about recession. DId people not see that the market indexes have agained climbed up after couple of day s of panic. Even asian marekts doing well

There are a lot more to come.
The U.S. was for starters, France could be next. When the pack of dominoes collapse, it doesn't matter where you are placed, the effect will still catch up with you eventually. If you are playing around with shares, I would advise you get yourself out as quickly as you can, it's too volatile to put any trusts into it.

 

[Black Widow]

Trust me, India will be better off once the US collapses. The US is exporting inflation to you and directly kills Indians as a result of food inflation.

May be you are true.. US collapse will affect Indian most.. But if our government work logically, the effect on ration/food product price will be least. India produce enough food to consume. The price rise due to hoarding and mismanagement...

Other sector will be definitively get affected.. There will be less job, so ppl will have lesser money. Ppl will cut expenditure which will affect industries, again job cut.. again less money... if this situation arise, there won't be inflation. Ppl wont have money, so they can't pay it. price will come down (coz fo unavailability of currency)

 

[VCheng]

The US bust is going to be overnight.....You will wakeup one morning and hear that the $$$ has been thrown out of the worlds business. for good and it is nomore accepted anywhere ......Insha-Allah...........

So exactly WHO is going to declare that one fine morning?