"Grahod...it scares me to think,that u think that the liquid markets dont relate to the physical...lol
Dont mean do be dis-respectful..but your understanding of global capitalism seems far from complete..
Markets dictate what u pay for a nail clipper let alone a commodity price...Sentiment is what drives markets and negative sentiment can bring super-powers to there knees.."
Off course they relate to the physical. No one is disputing that. However not to the degree your stating. If what your saying is true why is China's GDP continuing to grow at around 10% when their liquid markets have basically crashed in the last 12 mths?? Why has Australia's markets come off 30% yet the economy is still growing at the same rate?? Markets ANTICIPATE, or at the very least try to anticipate.
"Dont mean do be dis-respectful..but your understanding of global capitalism seems far from complete.."
Spiro you stated China is only 4% of world GDP when they are 9%. You reckon China will totally shutdown. And apparently your the expert on global capitalism?? It doesn't SEEM your understanding of global capitalism is far from complete. Your previous posts prove its far from complete. Clearly haven't a clue!
"Markets dictate what u pay for a nail clipper"
Stock markets do nothing of the sort. Its demand that dictates that. In other words its the economy that dictates where the markets should be priced at with fear and greed put to one side.
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