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Kirll Shaman

Bloomberg.com: News - 0 views

www.bloomberg.com/...news

bloomberg.com

shared by Kirll Shaman on 01 Dec 08 - Cached
    • Kirll Shaman
      Kirll Shaman on 01 Dec 08
       
      China or India can survive with no world demand, they will survive on their inner country demand. What will US do if their demand suffers is unkown, if you take into considieration that their economy is 80% service, consumption oriented.
    • Kirll Shaman
      Kirll Shaman on 01 Dec 08
       
      Remember emrging markets, not full power yet.
    • Kirll Shaman
      Kirll Shaman on 01 Dec 08
       
      Gosh, can you believe it. When everybody is falling China is rising. Deja vu U.S.A. were in the same position during WWII, now the tables have turned.
  • ...17 more annotations...
    • Kirll Shaman
      Kirll Shaman on 01 Dec 08
       
      Remember that in U.S. Warren Buffet is buying opportunity. If so much liquidity is being thrown in when will it kick back?
    • Kirll Shaman
      Kirll Shaman on 01 Dec 08
       
      Its good that author does not compare the ruble to the US dollar, hopefully the dollar will weaken.
  • 2.8 billion people in Brazil, Russia, India
  • China’s leaders are doing their part. The massive 4 trillion yuan ($586 billion) stimulus plan they unveiled on Nov. 9 signaled their intent to spur domestic consumption
  • Global Solutions
  • While Chinese consumers, as a group, still don’t overshadow their American counterparts in total spending, their outlays are growing. China’s retail sales jumped 22 percent in October
  • O’Neill
  • He predicted they would account for 10 percent of global economic output by 2010. Already, they comprise more than 15 percent.
    • Kirll Shaman
      Kirll Shaman on 01 Dec 08
       
      Welcome to the fall of western cultures, and the rise of ASIA.
  • has been down as much as 70 percent from its high, while Moscow’s stock market has fallen as much as 75 percent from its peak
  • manager, says BRIC markets are a buying opportunity
  • China, services from India
  • 3 percent against the euro
  • BRIC nations combined held 41 percent of total global foreign exchange reserves as of early November
  • third biggest, after China’s and Japan’s, though the government
  • China’s $1.9 trillion
  • My family’s already feeling richer
    • Kirll Shaman
      Kirll Shaman on 01 Dec 08
       
      That is what I call confidence!
  • Kirll Shaman on 01 Dec 08
     
    This article does put a slim perspective on the future of the world. It was known that China and India will come to rule the world. Currently you can see that EU and US are falling, while China is growing.
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