tail spin down to 30

I did say that a us recession would effect commodities and a world recession would effect china, let the domino effect begin. Take a good look at our stockmarket reaction today. If you believea us recession will not effect china then certainly you should also believe a down turn in the us should not effect australia.
The petrol prices will also effect china by putting pressure on inflation making us goods more expensive. This will compound the effect on the us because china is a big consumer of the us.
I alway laught when I hear analyst coppy each other singing china, and india and why shouldnt they, its making them money, with other peoples money.