Toyota leads Asian equities dfecline to lowest in five months – weak American economy creating a free fall scenario for Asia
Kirsten McLauren
Jan. 20, 2008

The depression in America is creative massive havoc in Asian economies. The Asian stock market started the sessions of new week with chilling prices and getting ready to free fall from the effects of US markets and economy.

Japan's Nikkei 225 Stock Average dropped 2.5 percent to 13,518.56. Toyota Motor Corp., which counts North America as its biggest market, dropped to the lowest in more than two years.

Bank of China Ltd. slumped after BNP Paribas SA said it may have to write down the value of overseas securities by $4.8 billion.

According to some analysts the liquidity in Asia can dry up very fast. As the American finacial institutions start pulling rug under the feet, these economies and their satellite operations can tumble very fast.

Securitization of mortgages and their corresponding credit swap derivatives created the biggest financial meltdown in the history of the world. All blames go to Federal Reserve under Alan Greenspan.

Toyota leads Asian equities dfecline to lowest in five months – weak American economy creating a free fall scenario for Asia
Kirsten McLauren
According to some analysts the liquidity in Asia can dry up very fast. As the American finacial institutions start pulling rug under the feet, these economies and their satellite operations can tumble very fast.
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US depression drags Europe to a deep recession – ECB predicts massive slowdown – Euro falls sharply against Yen
Kara Zeilig
The European central bank finally confessed the recession. The euro fell to a four-month low against the yen after European Central Bank council member Nout Wellink said economic growth may slow more than expected.
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Japan confirms deflation and recession as Japanese machinery orders fell in November as companies pared spending in anticipation of U.S. slowdown
Sandra Simons
Japanese machine orders declined 2.8 percent from October, when they rose 12.7 percent. This is very significant. The rally in Japanese Yen, lower consumer confidence and lower business enthusiasm is alarming.
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Asian stocks in sharp decline taking clue from Wall Street – world races towards depression and hyperinflation
Kartik Punaskar
The global hyperinflation is happening in the area of commodities. The falling dollar is the culprit. The sectors of hyperinflation make it almost impossible for central banks to pull the economies out of depression or recession.
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Intel down more than 14% in after-hours trading – the recipe for a sharp fall in stock market on Tuesday as economy embraces depression
Jeff Cantor
The stock market can crash any time. The reason is two. First, the state of the economy is depressed. Second, which is actually more dangerous is the existence of pockets of hyperinflation.
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Romney can never deliver what he promised Michigan – should politicians promise unrealistic heavens?
Kirsten McLauren
A man who buys companies and strips them to sell for a better price is called an business opportunist or arbitrage. The funniest thing in American politics happened when Mitt Romney promised the Michigan republicans ‘we will bring those jobs back.’
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US Retail Sales and Citigroup’s problems signal first US depression since 1930s
Sam Adelton
While analysts are hesitant to call it a mild recession, the economy finally confirmed a deep recession racing towards a deep depression. The financial meltdown continues while scarce commodities make things costlier.
READ MORE>>

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