PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 15th Jan 2009, 10:17
  #1651 (permalink)  
Wee Weasley Welshman
 
Join Date: Feb 2000
Location: England
Posts: 15,013
Received 206 Likes on 73 Posts
I have to say its a cracking advert.

In other news..

Albert Edwards a Soc Gen analyst put out this note this morning, whilst he's a big bad bear its still cause for a nervous gulp:


While economic data in developed economies increasingly reflects depression rather than a deep recession, the real surprise in 2009 may lie elsewhere. It is becoming clear that the Chinese economy is imploding and this
raises the possibility of regime change. To prevent this, the authorities would likely devalue
the Yuan. A subsequent trade war could see a re-run of the Great Depression.


Thats the D word. Shotguns and tinned food serious.

WWW
Wee Weasley Welshman is offline