thank god its friday.

  1. 11,632 Posts.
    Good morning Pander tend setters.

    Great morning it is too I might add. For a good while now we been awash with red quite frankly I'm sick to death of it. how good is it to see a mass of green thrown over world markets for a change and as Usual the US leading the way nothing really happens without them still, no matter how many try to tell you the US is losing its grip as a financial power house, don't believe it at least for a good good while anyway. The US are huge consumers they china single biggest customer by far. China will struggle without American and European consumers buying. Sure Europe "collectively" is China's largest trade partner. Lets just not just go totally over board with china is the be all as many would like you all to think.

    When you hear that the Chinese economy grew 9% last year this growth is based primarily on construction, not domestic consumption growth. Chinese domestic consumption as a % of GDP is under 30 %, USA is over 60%. The average Chinese is struggling like you wouldn't believe due to inflation forcing prices up. Its not all rosy in China - but a lot of inventors continue to think they will keep buying raw materials indefinitely.

    Ok back to the US are they in trouble "yes" there high unemployment at the moment is really hurting them. They got to get on top of this. Their construction industry is down the tubes, how can that be when the US is almost falling apart there roads in many states are wreck, on so many structures the concrete is so old its turning to powder. Most their airports are so old and out dated overseas visitors are shell shocked. I could go on. Forget about govt the share markets who right who's wrong. Huge chunks of the US is just falling apart its ok tho because pretty soon they will have absolutely no choice but to start a massive and I mean massive re building program here a good place for the next 3 or 4 trillion they print out instead of giving it to the fat cats. Set up a 10 to 20 year plan to re-build your mighty US of A.

    If we raise our eyes past just a year or so could the US be getting really for its next growth spurt. What has all this got to do with PNA you say. I'm a huge believer in Sentiment has a "huge key" in driving share markets I will bet anyone if this starts to happen PNA with its growth pipe line will be a $7 to $10 stock in the next 4 to 6 years if not before.

 
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