Trade tension with China can bring depression to the world economies
Peter Oberois
Mar. 30, 2007

The U.S. Commerce Department decided to levy new duties on imports from China to compensate for Chinese subsidies to exporters. China seems to get ready for retaliation.

Higher Yuan and tougher trade laws will cause the Chinese and other Asian economies to get depressed. The effect will eventually spill over to America and Western Europe.

The biggest question is how will China retaliate. Dollar went south as traders felt China will sell its dollar denominated assets. China is the second-largest U.S. trading partner behind Canada and holds more than $400 billion of U.S. debt. The overall U.S. trade deficit with China reached $232.5 billion last year, the largest trade gap between two nations in history.

Eventually, as the trade war expands, the world economies will tank, stock markets collapse – in 1929-33 style.

Trade tension with China can bring depression to the world economies
Peter Oberois
The U.S. Commerce Department decided to levy new duties on imports from China to compensate for Chinese subsidies to exporters. China seems to get ready for retaliation.
READ MORE>>

Bullish optimistic economists running for cover and outright changing prospects of the economy quickly – what is the effect on Wall Street?
Kiran Chaube
They predicted boom. They are on the run to cover their prediction with one eighty degrees turn. Economists are cutting forecasts for first-half growth, prompted in part by a decline in business investment and the housing slump...
READ MORE>>

Oil and gold showing signs of commodity inflation – the GDP and employment growth showing signs of stagnation
Media Release
The economy is showing signs of stagflation. While the commodity prices are stubbornly high, the GDP data and employment data manifest weakness and stagnation in the economy.
READ MORE>>

As Dow Jones Industrial Average closes below 10,000 after April crash, internal probe of corporate accounting practices will haunt Wall Street – Dell the first casualty
Peter oberois
The effect on Wall Street will be severe. This is just the tip of the iceberg. Do not get surprised to see many companies announce what Dell did today.
READ MORE>>

Iran factor can take oil to $100 and then $40 but Dow is on course to 10,000
Sam Adelton
A geopolitical showdown is imminent in Persian Gulf. The oil market is reaching a temporary high on war premium. If the sailors are returned to the UK officials, oil will fall to below $30 a barrel.
READ MORE>>

Natural Gas price is ready to make a massive move on the upside – devastating effects on world economies and stock markets
Alan Hershey
Analytics and technical chart patterns point to a possibility of a 400% increase in natural gas price over the next two years. If the cartel comes into existence, natural gas price can go even higher.
READ MORE>>

Dollar ready to bounce back on new economic data
Jow Weinman
The data shows the economy for the time being is muddling along and Fed waits to weather out the rough terrain in the economy.
READ MORE>>

MORE ARTICLES >>