XJO 0.34% 7,796.0 s&p/asx 200

Sikeveo,Don't know if your serious or not but no USA = no-one to...

  1. 176 Posts.
    Sikeveo,

    Don't know if your serious or not but no USA = no-one to buy the SH*#@t.What about the billion or so of Chinese that are buying this SH*#@t i.e TVs, toasters, fridges, dishwashers, etc etc etc and I know I've read it somewhere but if the pollution is bad in China at the moment just wait as more and more chinaman or giving up their pushbikes for cars. All of the above and more need resources to make i.e nickel, steel, aluminium, oil etc. Remember China is building a city the size of Perth every week and it's not because of the Yanks, its because of change, a change that is not so reliant on the good old USA.WHEN the USA does finally admit it's in a recession do you think China trade to the USA which I understand is around 20% would all disappear, I don't think so. For this to happen they would have to stop buying alltogether.
    PS don't forget the Indians.
 
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