RE:RE:RE:RE:RE:RE:RE:RE:RE:Fitch downgrades FCX to one level above JunkI personally do not see any way that China is going to implode. If anything these low commodity prices are a gigantic stimulus into their economy as they are major consumers of oil and metals. And no doubt they are using the downturn right now to load up on all of these commodities as well as make acquisitions in these industries. Let's not forget they have gigantic US foreign reserves and a rake and tons of us cash on their exports every month. To me it's hard not to be bullish about copper in particular and the possibility for consolidation in the industry as well as the simple fact it takes a long time to develop mines. But I'm talking optimistic on a five to ten year horizon. The world is obviously getting used to China growing at 7 instead of 10% per year but that 7 let's not forget it is on a bigger and bigger base and it's already the world's second-largest economy. These are big numbers were talking about growth wise.