we are set up for a bull rally, page-38

Tonight BHP is down 7.5%. Isn't China going to save the resource boom. Maybe not!!!

BHP might be big but they cant supply all the worlds minerals unless this crash is going to turn into a depression.

The whole EURO zone is in debt 100% of GDP and climbing.
The Euro zone is a 70% service economy, this will lead to their downfall because it takes a large multiplier effect to boost the services sector. The service sector is also being farmed out to India, phillipines etc.

The leading economic sectors like manufacture and retail that bring economies out of depression are so small that this could last a long time. A depression could have the effect of increasing online sales and make a recovery difficult. The major problem is that retailers make between 600% mark up and this is forcing consumers online.
I think in a depression 30% of sales will be online.

Things that will sufferae iron ore, oil, gass, steel, stailess steel, building, cement, car industry, retail, high end resteraunts, telecommunications, travel, airtravel.

Pubs and clubs will win if they offer cheap drinks and good entertainment like they did in the 80s. Fast food will be a big winner. Why do you think someone is "buying fosters".People drink themselves stupid in a recession.

Why is Greece buying gold? So when they exit the euro they will have something of value.