There are tentative signs we are bottoming out. Might bounce along the bottom for a while - talking about shares here.
Some news report suggest that Chinas growth rate has PLUNGED to 9%. Hardly call a 1% drop a plunge and the conventional wisdom in China is that China will maintain that growth organically. Where does a reporter get plunge from - why plunge? There is someone with a stinking agenda in the media working against the national interest. This whole crisis thing is being overplayed, for Rudds benefit? Glen Stevens who now can drop rates to where they should be without poo on his silly face? Stevens again to allow him to drop rates and not have to admit that they have failed as an economic tool - it only has exposed one?
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