Start of third world war – the trade war has started - U.S. Plans WTO Case Against China on Movies, Books – Stock markets will collapse in 1929 style
Sam Adelton
Apr. 5, 2007

The American Administration finally understands the Chinese trade game. China cannot run for cover any more. China needs to create 25 million jobs a year to absorb the lay offs from the Chinese Communist Government run inefficient enterprises. They are importing jobs at the cost of hard working Americans and Europeans. The Americans and the Europeans are now closely watching them.

A notice has been served on China. They must make their currency free floating and also open their borders for international goods and services. Above all they cannot dump on US and Europe.

The U.S. plans to file a complaint at the World Trade Organization as early as next week over what it calls China's piracy of copyrighted movies and books, according to four people briefed by the Bush administration.

This in turn has created the domain for the third world war – the trade war. It is taking shape the same way 1929 took shape. The trade war eventually created depression.

It will be no different this time. The stock markets all over the world and world economies will crumble in deep depression driven by deflation.

Industry chamber, CII today warned that any further tightening of money supply by the Reserve Bank of India will trigger a slowdowm of the economy
Media Release
There are already emerging signals in the form of slowdown in the automotive sector and retail banking....
READ MORE>>

Start of third world war – the trade war has started - U.S. Plans WTO Case Against China on Movies, Books – Stock markets will collapse in 1929 style
Sam Adelton
This in turn has created the domain for the third world war – the trade war. It is taking shape the same way 1929 took shape. The trade war eventually created depression.
READ MORE>>

Troubled auto sector manifests what has happened to the economy – the problem started in early eighties and now thins are collapsing - can Kerkorian bid for Chrysler help?
Peter Oberois
The economy is headed for a similar drop like the auto sector. The point of no return has come. The stagflation and starting deflation is catching up to the Federal Reserve making the Fed irrelevant.
READ MORE>>

The echoes of worldwide depression as the seeds of natural gas cartel starts growing next week
Paula Anderson
The gas producing nations that can easily quadruple the natural gas prices in the next nine months is forming a natural gas cartel.
READ MORE>>

The employers using automation over low wage labor and outsourcing – the next leg of the recession can turn into depression
Media Release
It is happening in America, Japan and Western Europe. The employers are increasing productivity through use of automation. They are shunning away from cheap labor, low wageworkers and outsourcing.
READ MORE>>

Asian stocks start sliding, Wall Street to follow – the worst stock slide in the history of recorded stock market has started
Sam Adelton
Asian stocks are sliding. The spill over effect will certainly rattle the Wall Street. April is actually the worst month for the stock market. April is worse than October.
READ MORE>>

MORE ARTICLES >>