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Forex Futures Forum Archive for 01/17/2011
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KL KL 19:50 GMT January 17, 2011
Syd,
China Bust will eventually come like USA Bust.....problem is no one knows when.....when it happens you will have he so call johnny come late expert trying to explain the causes and reasons. Much like the Queensland flood. Just as every disaster is different in magnitude so will all collapses in economic sense.
Perhaps we humans should quit trying to be Gods like controlling climate via tax and learn to focus on managing disasters with a stash of emergency money. Unfortunately the Aussie kitty is empty at a time of Australian Greatest disasters happening in our midst. Right now the Greens-Labor alliance are looking dumber by the day and that useless Rudd had a foot injury while helping the flood victims is so......no word to describe these Labor people trying to capitalise on some ratings spin and popularity contest.
There are times I feel like taking to the streets to kick this Greens-Labor inept government out, suspend BER, NBN, murry river buy back and refocus on what matters most right now!!.....their behaviour is reaching my boiling point...LOL
can't imagine ninja in such mood.....apologies!!
Syd 10:38 GMT January 17, 2011
Reply
China's consumer price index may rise to as high as above 6% in some months in 1H this year, which may prompt PBOC to raise interest rates two to three times in the first half of this year by a total of 75 bps, says UBS China economist Wang Tao at the investment bank's Greater China conference for 2011. She also says banks' reserve ratio may rise further
Syd 09:25 GMT January 17, 2011
Reply
http://www.cnbc.com/id/41089972
Syd 04:48 GMT January 17, 2011
Reply
Dongguan Ghost Mall And China’s Property Boom:
This is what the biggest mall in the world looks like on a typical Saturday, very reminiscent of this Hugh Hendry video of China’s empty skyscrapers and this video of China’s empty city.
http://www.creditwritedowns.com/2011/01/dongguan-ghost-mall-and-chinas-property-boom.html
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