Announcement

Collapse
No announcement yet.

International Market: Where World Economy Going On ?

Collapse
X
Collapse

International Market: Where World Economy Going On ?

Last updated: May 23 2012
193 | Posts
  • Time
  • Show
Clear All
new posts

  • Re : International Market: Where World Economy Going On ?

    As per today's Economic Times recession is going to happen in US and will have severe effects on world economy

    Do not buy flats on huge loans

    Comment


    • Re : International Market: Where World Economy Going On ?

      Watching wiseman and Peter schiff

      Both of them are so true, that's what's going to happen as predicted by wiseman and Peter schiff , big collapse of dollar, eventually leading higher interest rates, now S&P has credited US as AA , what else we need , hold on everyone it's not going to be easy, thanks for your views wiseman

      Comment


      • Re : International Market: Where World Economy Going On ?

        Wisey, I have a question for you. How this second round of recession is going to affect India? Last time when the recession hit us we were in a decent position to tackle recession. We were growing at 9%, inflation was it's on it's way down from 13% and the banks were in much better position.

        Whereas, this time the growth is already slowing down, exports already reeling under pressure, inflation is not on it's way down even after frequent interest rate hikes by RBI and our banks much more exposed than in 2008.

        On the employment and business, is the job market is just going to be stagnant or there is going to be unannounced retrenchment like before and salary cut. Both are not good for the economy and if the retrenchment happens it's going to be a huge blow.

        How are the businesses that are related to export gonna survive this time? There are also some small firms that provide very specialized IT and ITES services. How will these firms get affected?

        Generally, what is your opinion on the above facts? I know it's a lot of questions and hope you get the time to give us your views.

        Comment


        • Re : International Market: Where World Economy Going On ?

          Yes...great prediction by wiseman, sridarchennai etc.,
          I was casually reading all these posts and not serious about this crash.
          But everything is becoming true.
          So, what's ur advise for ppl. looking to buy a home now??


          Originally posted by Dollar$ View Post
          Both of them are so true, that's what's going to happen as predicted by wiseman and Peter schiff , big collapse of dollar, eventually leading higher interest rates, now S&P has credited US as AA , what else we need , hold on everyone it's not going to be easy, thanks for your views wiseman

          Comment


          • Re : International Market: Where World Economy Going On ?

            Outcome of Debt Downgrade

            I believe the only thing which can stop this free fall is QE3 .Otherwise seems like countries are getting ready for some big scale war for a new world order .By looking at London Riots , Afgan helicopter crash , it looks like this is well engineered crisis .Not like 09/11(2001 , though some people argue it is insider job) , the shocks like Lehaman collapse , S&P downgrade are all came from US only .If US wants, they would have stopped these events before it happenned , because these are all american companies .I am not sure whether US is threaning the rest of the World for QE3 by shaking the world market .I also believe this fall would help inflation to come down very quickly , so that US can go for QE3 without any major opposition.I also doubt lehman was allowed to fail just to give Stimulus , QE1 and QE2 .
            Last edited August 9 2011, 09:19 AM.

            Comment


            • Re : International Market: Where World Economy Going On ?

              Originally posted by Srinidhi View Post
              I believe the only thing which can stop this free fall is QE3 .Otherwise seems like countries are getting ready for some big scale war for a new world order .By looking at London Riots , Afgan helicopter crash , it looks like this is well engineered crisis .Not like 09/11(2001 , though some people argue it is insider job) , the shocks like Lehaman collapse , S&P downgrade are all came from US only .If US wants, they would have stopped these events before it happenned , because these are all american companies .I am not sure whether US is threaning the rest of the World for QE3 by shaking the world market .I also believe this fall would help inflation to come down very quickly , so that US can go for QE3 without any major opposition.I also doubt lehman was allowed to fail just to give Stimulus , QE1 and QE2 .
              Dude, if QE3 comes, that would prove to be the ultimate disaster we need to send world into a Great Depression. QE1 and QE2 have already created more problems than they solved, and, QE3 would be no better. It would increase the debt on US, thereby making its people poorer day-by-day.

              The requirement here is a complete overhaul of entire world's monetary system to get rid of its toxicants. People have lost faith in paper currency esp. Euro and USD, since they can printed as per wish of people's darling Governments. Exchange rates can be manipulated (like China is keeping its Fx rate much lower artificially) to suit ones own interests, even if it destroys others. There are whole lot of such problems inherent in our our monetary & fiscal system. And till we don't get rid of these, no QE could solve our problems.
              The knowledge of what to do in a Recession or Boom is more important than predicting a Recession or Boom.

              Comment


              • Re : International Market: Where World Economy Going On ?

                I agree with you .I am not saying QE3 will resolve this problem , but I believe this is what US would like to do at this point of time.


                Originally posted by bhuvang View Post
                Dude, if QE3 comes, that would prove to be the ultimate disaster we need to send world into a Great Depression. QE1 and QE2 have already created more problems than they solved, and, QE3 would be no better. It would increase the debt on US, thereby making its people poorer day-by-day.

                The requirement here is a complete overhaul of entire world's monetary system to get rid of its toxicants. People have lost faith in paper currency esp. Euro and USD, since they can printed as per wish of people's darling Governments. Exchange rates can be manipulated (like China is keeping its Fx rate much lower artificially) to suit ones own interests, even if it destroys others. There are whole lot of such problems inherent in our our monetary & fiscal system. And till we don't get rid of these, no QE could solve our problems.

                Comment


                • Re : International Market: Where World Economy Going On ?

                  Originally posted by Srinidhi View Post
                  I agree with you .I am not saying QE3 will resolve this problem , but I believe this is what US would like to do at this point of time.
                  There is only one way out and it is going to be a painful way. Growth is going to be slow after the recession as both huge organizations and countries will not have any money to stimulate growth.

                  Comment


                  • Re : International Market: Where World Economy Going On ?

                    Originally posted by Srinidhi View Post
                    I agree with you .I am not saying QE3 will resolve this problem , but I believe this is what US would like to do at this point of time.

                    Well, personally speaking, i really don't think US is left with much bullets to fire. I hope they may now start some kind of belt tightening like slight increase in rates, curb on unnecessary govt spending (esp military expenditure that's close to half a trillion but doesn't seem to be justifying itself), some reduction on old-age pension and medicare benefits (esp the one that Obama declare after coming to power for cheap publicity). If they take such steps, it may prove harsh in short term, but gradually it'll start filling coffers of Fed and will give them some ammo to shoot down unemployment by spending on productive things then spending on those OLDIES that have lived an extra-vagant life and now a burden on working class (and Fed offcourse).

                    Personal view....
                    The knowledge of what to do in a Recession or Boom is more important than predicting a Recession or Boom.

                    Comment


                    • Re : International Market: Where World Economy Going On ?

                      Originally posted by contra View Post
                      Demand has to fall drastically for everything.

                      • Demand for expensive Flats must fall. People must start questioning and not willing to pay whatever the builder demands. Even new rules must be floated to control price rise. Why can't government impose Price Controls on flat or plot prices in middle class India . They impose price controls on other stuff, why not on flats and plots.
                      • People must shift from cars to 2 wheelers and 2 wheelers to public transport. Why can't government provide good quality public transport or at least facilitate good private operators to operate quality buses and metros in cities.
                      • Stop watching every shit movie in multiplexes paying Rs.100 (plus Rs.12.5 service tax) for a cup of coke every time. Watch good movies only once in a while in cinemas.
                      • Stop paying Rs.25 (plus Rs.3 service tax)for a small cup of coffee. Stop paying Rs.400 (Plus Rs. 60 service tax)for a medium size pizza ( when I was a kid which is not very long back by the way, Rs 1.50 ( no service tax during those days) for a veg puff was considered a privilege to do kaka to my mother every day).
                      Everything is in our control. Sharks like businessmen, entertainers and politicians will always attract ( they will become millionaires and billionaires). We people will be looted in this whole marketing maya.

                      Walking out of the rat race is always better then walking out a deal isn't it?
                      Well said, but just one question.

                      Is it practically possible. Personally, i don't think so till our economic downturn reaches a catastrophic level.
                      The knowledge of what to do in a Recession or Boom is more important than predicting a Recession or Boom.

                      Comment

                      Have any questions or thoughts about this?
                      Working...
                      X