Originally Posted by
beacon
I think they are wrong, China is making inroads into expanding its export markets. That will see their trade surplus as well as reserves plummet this year and next, followed by their exponential rise unless they can keep investing in third world countries. While the Gurus you follow keep blowing their "The end of world is nigh" horns, global political leaders seem to be working jointly to reflate assets and economy. While their solution may not be ideal, it is working. The US economy and world trade are recovering, and it is those who fail to see that these green shoots are strengthening that have got their "heads in sand" ...