With the signal to globalist to divest from China, it look like it's only a matter of months before China has it's turn in the hot seat.
What does this mean for us? Well property prices will begin bigger slides, but it also means our resources are headed down.
Baltic Exchange Dry Index has just ticked down sharpish, US and Chinese inventories are way up.
If I owned any I'd be selling my property and resource stocks now.
I guess unemployment will started heading up after Christmas and they should all
Finance (limited Euro breakup, China banking crisis)
Retail decline
Unemployment
Realestate
Resources
CO tax
Inflation (China will have to revalue the Y, US$ will flood back, A$ decline)converge around September 2012.
So unfortunately it's not looking good.
Does anyone see a good path forward?
How can we enhance our standard of living?
www.whocrashedtheeconomy.com/