Amouna

The Impact of a Global Recession on Asia

If that happens, I expect the US to unleash a massive worldwide War.


On Mar 13 04:49 AM maxe wrote:

> China is doing fine domestically, and will take up the export slack
> with much needed infrastructure to fill the trade gap.
>
> Australia is now seeing the Chinese come in buying mining assets
> at bargain prices, helping to make their goods cheaper.
>
> Americans are addicted to consuming and they will not/never change.
>
>
> China and Asia is the new force, im very glad im Australian and look
> forward to going for the ride when China again booms.
>
> I agree that there is short term pain to be had, maybe medium term,
> but there is a change of the guard now happening, i expect China
> to be the largest economy in 5 to ten years time.