If we didn't have the current situation with China at 11% growth and India expecting 9% growth in the near term, I think a prediction of where the industrialised nations markets would be heading is a nobrainer. But with the emerging nations evolving rapidly without an end in sight at this stage, I think the world may just escape the claws of a US led recession. I am not saying we won't feel pain, but commodity prices are short on supply and prices are rising rapidly.
Has there been any other point in modern history where this has occured????
Les
and fools rush in, page-17
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