tuscl

[OT] China Poised to Bring Down the Global Economy

Oh dear, it looks like that article that stevie-girl quoted from The Economist was right. (British economists always get it right, after all.) Shanghai Composite was up over 2% last night putting it up close to 20% YTD now.

Also adding evidence to weakness of China is the fact that the CNY is one of the few currency in the world to hold its ground against the USD this year. They have even allowed the peg to the USD to steadily appreciate steadily since August.

I guess the Chinese must know that the financial media is right as always about how weak China is. Stevie-girl is right. China and Europe will bring down the rest of the world.

Comments

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Avatar for Dougster
Dougster

We are so screwed economically! Just read the headlines. The media always gets it right!

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Avatar for Dougster
Dougster

DOOMED!

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Avatar for Dougster
Dougster

Absolutely DOOMED!

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Avatar for Dougster
Dougster

It's all over! For sure!

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Avatar for crazyjoe
crazyjoe

Shit! What will we do now?

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Avatar for crazyjoe
crazyjoe

DOOM AND GLOOM! WHAT WILL WE DO?

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Avatar for Josh43
Josh43

"Shanghai Composite was up over 2% last night"

Probably 'cause the Chinese are opening their markets to foreign investors.

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Avatar for Mate27
Mate27

Go to cash right now! You won't regret it. All long term investors need to get short!

These frikin dooms day naysayers are so annoying. Cost of living goes up over time so who cares what Stevie regurgitates, or some other hack who claims to have a pulse on economic activity. To think you know the behavior of millions and billions of people that effect the market is foolish, and I'm just as stupid debating those naysayers. Let 'em be wrong. They won't know it until the good times are over.

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Avatar for SlickSpic
SlickSpic

Confucius say, "Just ask." Confucius also say, Lack of pussy make Chinamen very angry. Very angry. Very angry at Round Eye.

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Avatar for Dougster
Dougster

That Stevie-girl is sure one brilliant guy when it comes to economics and finance. All have to do is quote headlines. Who woulda known?

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Avatar for Dougster
Dougster

We are definitely TOAST!

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Avatar for crazyjoe
crazyjoe

Shit

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Avatar for san_jose_guy
san_jose_guy

The thing to do is to stop worrying about what is up and what is down. That is all about dollars instead of sense. We need some sense! We need to figure out how to restructure our economy so that everyone is taken care of and so that democracy will work.

reply to @Lena
tuscl.net

How many people feel like I do that Articles should bump just like Discussions do now?

SJG

Deep Purple - In Rock [Full Album] [Full HD]
youtube.com

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Avatar for Dougster
Dougster

Hopelessly DOOMED!

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Avatar for slaux.pas
slaux.pas

Stop posting this bullshit you retards. Fucking fuck off. Your all retards.

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Avatar for Dougster
Dougster

Lol! DOOMED!

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Avatar for slaux.pas
slaux.pas

Your such a retard Dougster. Cant you say anything but lol? Fucking retarded.

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Avatar for Dougster
Dougster

We are so dead! Because Stevie-girl said so.

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Avatar for slaux.pas
slaux.pas

Im not dead becuz Im really smart. But your a retard. So yeah your dead.

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Avatar for Dougster
Dougster

Absolutely DOOMED!

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Avatar for Dougster
Dougster

DOOMED!

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