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TOPIC: Another bit of news: China Pullback hits the Stock Market


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Another bit of news: China Pullback hits the Stock Market
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There are sure to be more articles in the coming days.......... I hope the market rebounds.  This could spell a set of problems for the US.

I can't figure out the problem, except maybe they are going through a cooling period.
Most other countries have an their own stimulus packages, and I see the Japanese has
developed a clonkers program modeled after our own. 

http://www.forbes.com/2010/01/20/briefing-americas-closer-markets-equities-seagate.html?boxes-Homepagechannels

-- Edited by Building 4112 on Wednesday 20th of January 2010 08:04:55 PM

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When America is hurting its not long before the rest of the world feels it because we are the biggest consumers in the world.

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Diamond

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Probably more like Obama getting his @$$ kicked in the MASS-acre on Tuesday is what caused stocks to dive the most.  When you see that the puppet you picked is about to get kicked out, you lose confidence.furious

Nice quote on the Forbes site, though:


The illusions of hope are apt to close one's eyes to the painful truth.

--Harry F. Banks

 

 



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Alex wrote:

 

Probably more like Obama getting his @$$ kicked in the MASS-acre on Tuesday is what caused stocks to dive the most.  When you see that the puppet you picked is about to get kicked out, you lose confidence.furious

Nice quote on the Forbes site, though:


The illusions of hope are apt to close one's eyes to the painful truth.

--Harry F. Banks

 

 

 




That was most definately a massacre lol The GOP has Kennedy's seat. He is a Senator today no more filibuster proof majority



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Diamond

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I'm not sure China is reporting its financial success honestly. They report significant upswing in finances, I think something like 10%.

But, personally, I don't trust any commie SOB. Probably lying.

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