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  1. 2,796 Posts.

    Street Talk - your a bit out of date dude.

    US economy is shrinking fast, the only reason it looks ok at the moment is because the US print $1 Trillion a year (QE) and spends it. Their unemployment is still climbing.

    China is also stuffed, exports down 18%, and they are now having a credit crisis and everyone is losing their jobs as they were borrowing and spending $3 Trillion a year since 2008 which has now stopped.

    Have you not noticed that coal, iron ore, etc is all down around 50% from its highs that we export?.




 
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