China and India starts slowing down, US and Japan heads depression – world economies in deep trouble
Neal Henderson
Jan. 15, 2008

The Japanese economy is showing all the signs of a recession and deflation. The US economy is depressed with pockets of hyperinflation. China and India are slowing down sharply and abruptly. All on a sudden 2008 seems to have the omen of something catastrophic for economies.

After the yen strengthened to the highest in seven weeks, eroding the value of the Japanese carmakers'' overseas sales when converted into their home currency, Japanese car makers are feeling the heat.

The strengthening Indian and Chinese currencies have cause massive unemployment in Asia. The biggest problem is the US economy that is headed for a deep depression with some pockets of hyperinflation. Sony Corp., which counts America as its largest market is in trouble and is ready to provide lower guidance. So is Toyota and Honda.

It is not easy to survive when world’s largest and most lucrative market goes south into depression.

China and India starts slowing down, US and Japan heads depression – world economies in deep trouble
Neal Henderson
Sony Corp., which counts America as its largest market is in trouble and is ready to provide lower guidance. So is Toyota and Honda.
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Massive jobs cuts in the pipeline – banks, Wall Street, Telcos, healthcare, industrials – all plan to cut millions of jobs in 2008-2009
Sandra Simons
The biggest job cuts come from the banks and financial institutions who are lining up in a queue to go bankrupt one after the other. The next is healthcare.
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The Fed Chairman who brought housing depression now joins a hedge fund firm who continues to gain from the fall of housing bubble
Marla Guthrie
People in main street question why is Mr. Greenspan allowed to be an economic and financial advisor after drowning the economy with his conservative supply-side economics?
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Since the Great Depression for the first time States are ready to go bankrupt and delinquent
Peter Oberois
As they cut expenses and raise taxes directly and indirectly, the revenue will shrink much faster than these governors can ever imagine. The resulting effect is a financial nightmare where States go bankrupt and delinquent.
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Citigroup problems mirror other large banks – deep dividend cuts, loss of hundreds of thousands of jobs, declining reserves and sharply falling investor confidence
sam Adelton
The real sad side of this is the skyrocketing foreclosures and hundreds of thousands of jobs cuts that will engulf the economy. These are highest paying jobs that will be lost in the next two to three months.
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How they derailed the Tiananmen Squares of USA – the soldiers who worked for Clintons in Manchester and other cities of New Hampshire
Shankar Hotabi
They finally unleashed their ‘Army’ to derail the Tiananmen Squares of USA. The Chinese did it with brutal force, In America they did it with voter manipulation and playing the race card.
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The silent revolution in US behind the surge of Obama and Edwards – finally it comes after forty years – the silent cyber Tiananmen Square of USA
Sandra Simons
The upset landslide victory of Obama and Edwards has signaled something what every country experiences when one political party goes into severe extremes. It was missing in United States for forty years.
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