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TSXV:TAM - Post by User

Comment by LeGagneuron Aug 05, 2011 12:22am
214 Views
Post# 18906943

RE: RE: RE: RE: The Recession Is A Virtual Certain

RE: RE: RE: RE: The Recession Is A Virtual CertainChina is not dependent on the US. In fact China soon will be the worlds biggest consumtion market as it is already in e.g. regards of cars, oil etc etc. The US is in a recession and has been for yeras. With unofficial unemployment of close 20 % (counting also part time workers that want full time job, people that have been unemployd and have quit lokking for work as they have given up etc etc) inflation according to shaddow stats already at above 11%, the housing market in a mess and new car sales anemic. Only subsidises e.g. clunkers for cars holds up the cars sales numers.

Germany have had positive growth numbers now for some two years and is benefitting greatly as an export country (second or trird in the world)  by the low Euro. China is still growing exponentially. Last quarter they grew with some 9.7%. China will keep growth at above 8% no matter what as if they dont this will cause domestic political turbulence. China is showing inflationary tenmdencys primarely in the coastal already economically very developed areas but all other areas are in desperate need for development e.g. infrastructure in every way shape and form. And certainly the chines have the money to make this happen.
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