Fading Economy and Graft Crackdown Rattle China’s Leaders

[TaiShang]

I think the global economy is in deep trouble. All the engines of the global economy are in trouble. US, Europe, China and Japan are weakening significantly. This could be a temporary downturn or the start of some big economic disaster. The stimulus measures are wearing off from 2009 and even with more stimulus the effects are not big as it used to be. Demand is collapsing which is causing havoc for global corporations. Western demand is falling which is causing Chinese demand for commodities to fall. The falling demand for commodities is causing commodity prices to fall which is hurting commodity-driven countries and their economies. Global corporations are dependent on global demand for its goods are starting to get hurt and investors are starting to sell their shares as they think the stocks have peaked. Confidence is being destroyed all over the world and everyone is holding the dollar fearing a global recession which is increasing the value of the dollar and weakening other currencies and causing local companies holding dollar-denominated debt to be in big trouble. It's all interconnected and it's like a vicious circle.

As usual, a great analytic post, @Economic superpower .

Thank you.

 

[Bussard Ramjet]

Brilliant!
Congrats!
@Bussard Ramjet


25% annual growth?
Modi is begging for investment everywhere.
Modi is also exchanging benefits for a permanant member in UNSC.
Modi's India soon becomes the biggest contributor of world economy.
He will do it!
@Bussard Ramjet

No body in India takes those seriously.

And that is the difference between a lot of your crowd, and mine.

I don't take his rates seriously. I don't even take India's growth rates seriously. I think it is somewhere around 6.5%

Yet, Chinese members here almost never complain and question their government.

The Chinese growth rates are not 7% according to me. They are somewhere around 5.5%.

 

[AndrewJin]

No body in India takes those seriously.

And that is the difference between a lot of your crowd, and mine.

I don't take his rates seriously. I don't even take India's growth rates seriously. I think it is somewhere around 6.5%

Yet, Chinese members here almost never complain and question their government.

The Chinese growth rates are not 7% according to me. They are somewhere around 5.5%.

I also don't see any Indian members here question their real capability, just have a look at South Asia section, full of bragging.

No body in India takes it seriously? Are u really in India? U must not be Hindu!

 

[Economic superpower]

I also don't see any Indian members here question their real capability, just have a look at South Asia section, full of bragging.

That's why India don't progress. All they do is brag endlessly about tiny things and fight over religion and politics. Just look at the stupid topics that they discuss.
Its not just a few of them, it's ALL of them.

 

[Bussard Ramjet]

That's why India don't progress. All they do is brag endlessly about tiny things and fight over religion and politics. Just look at the stupid topics that they discuss.
Its not just a few of them, it's ALL of them.

It seems some people like you are incapable of rational, objective thinking.

It is no use arguing with people who can't engage in rational dialogue, and who have to indulge in ad hominem, name calling, or general blank idiotic generalizations as yours.