01-27-2009, 07:47 AM
It is a perfect storm. Combination of lot of factors. High Oil price, corruption at worldwide institutional level, US election. Creating of job is important but before that creating a demand is must. California unemployment rate is near 10%. Today even ACLU had laid of SF staff.
Why I think this was well planned but extent had crossed beyond expectation?
If you remember I have discussed this 2-3 yrs back in IF/BR meet.
Whole thing will expose China economy, Euro vulnerability and will strengthen dollar. India is out of equation. Middle East is nobody.
Why I think this was well planned but extent had crossed beyond expectation?
If you remember I have discussed this 2-3 yrs back in IF/BR meet.
Whole thing will expose China economy, Euro vulnerability and will strengthen dollar. India is out of equation. Middle East is nobody.