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Global Markets in Review: Emerging Markets Showing First Signs of Retrenchment?

I appreciate the article. Much work went into it. Thanks. But I must say the analysts forget the basics: we are in a jobless and wage stagnant recovery. These jobs are very likely never coming back. More people are underemployed than anytime in history of most of our lives. (under-unemployed=20% and growing.)

If you have a boat with 600,000 holes sprouting leaks every month, but then, only 247,000 leaks begin to occur, the boat is still taking on water. Unless there are more plugs to patch the holes, water will eventually drown the boat. All the stock market bets you make, will not fix it.

Foreclosures are continuing. And, the toxic debt the investment banks, all tied to a 33% decline in the housing market, have not been exposed on the balance sheets of these actually dead banks gambling with Bernanke GreenBacks as a way to remain in the lifeboat while a tsunami wave sits idle in their wake. Remember, Bernanke took on this debt, and now it is really worth-less.

Working Americans are living on the edge of collapse. Their retirement savings are lost forever because they have no expendable cash to buy back in, therefore, the market cannot sustain with the Bernanke Smoke and Mirrors Free Money for Investment Banking Crowd.

Consumer spenders are living on debt plastic. That will not sustain. The US economy is substantially shrinking, constricting, unable to buy a $1T in Chinese goods per year. As was said in the above piece: You take the foundation bricks out of the building and move them up toward the new construction, look out everywhere!

China has now over-bought commodities, so those prices will fall. The Baltic Dry Index is a non-manipulative indicator. That index says shrinkage and stagnation.

The stock market is manipulated, therefore, to be able to evaluate it is impossible. One can lose big time. Bernanke cannot keep printing paper based upon nothing.

China can continue to print currency because they have lots of stuff to back it up!! Wake up folks. They are not the US. They have more gold, more commodities and more industrial production than any country on the globe.

Watch out! We may just see another war to inflate the economy. Be prepared for such a terrible solution.

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