Reminder : The next bigger Dubai, coming soon.
By Daniel at 23 December, 2009, 10:18 am
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Mainland China has also big projects with a collapsing export ! : Further is oil still far to high after the latest government(GS !) reports ?? We are drowning in crude,gas,…..! ! The OPEC members boost pumping capacity despite forecasters predicting slower demand,trying to get a bigger market share through a lower price. Production on sea is far more expensive. Chavez expect 40 USD(his budget based on) and there still the 145 million+++ barrels on sea going nowhere.Has NOTHING to do with investment,hedgies,contango….THERE ISN’T DEMAND FOR IT ! In Mainland China(not only in China) the GDP is FAKE and the economic numbers( use of electricity,gas,.. are down ! ! )BOGUS and the still far to high crude and copper price Bloomberg/CNBC/Merrill-BAC PROMOTION and GS MANIPULATION.Plenty crude,copper,… ww available ! Further prove : The BDI ,one of the purest leading indicators of economic activity is again dropping after a stimulus blib in free fall.
http://www.dryships.com/pages/report.asp
The green O,B,G and S shoots are big LIES and the GS China story 100% FANTASY !
Also not nice for the poor sheeple ,THOSE HIGH ENERGY PRICES IN THIS MONTH .Bad luck ,they elected a pro bankster President .
LOS ANGELES (MarketWatch) — The People’s Bank of China said Wednesday that the economy recovery is still insufficient and that correcting structural problems for the nation’s growth is urgent. “Our nation’s economic situation is generally improving, but the internal strength of the economic recovery is still not enough…..
rally?
- doubledutch
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