05-04-2008, 04:27 AM
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->China is taken out.<!--QuoteEnd--><!--QuoteEEnd-->
From Dhu article.
I am saying this for last four-five years. Couple of things had happened, both side are playing chess. I think we may see big problem in Chinese economy after Olympics. Olympics is not a profit making venture. Tibet issue will make headache and extra expense on China.
China is unable to make entry in Middle East;
They are trying foot in Africa, not very successful.
Food grain shortage, oil, bank failures will create riots in China and may be India.
China is working with Chavez, not sure whether that will work, because I can bet west will create situation that oil transport from Venezuela to China will become very expensive.
Today my friend in Singapore were discussing food grain prices, rice is now double, same is happening in Philippines and Vietnam.
Pawar and Paswan are still playing with grains market and fake shortage created by them had already increased price in international market and encouraged inside India to horde grains for rat.
Price of Gold is another piece of puzzle.
We have to watch how much bank writeoff due to subprime loan comes from China. Till now it is upto 12+ Billion dollar
From Dhu article.
I am saying this for last four-five years. Couple of things had happened, both side are playing chess. I think we may see big problem in Chinese economy after Olympics. Olympics is not a profit making venture. Tibet issue will make headache and extra expense on China.
China is unable to make entry in Middle East;
They are trying foot in Africa, not very successful.
Food grain shortage, oil, bank failures will create riots in China and may be India.
China is working with Chavez, not sure whether that will work, because I can bet west will create situation that oil transport from Venezuela to China will become very expensive.
Today my friend in Singapore were discussing food grain prices, rice is now double, same is happening in Philippines and Vietnam.
Pawar and Paswan are still playing with grains market and fake shortage created by them had already increased price in international market and encouraged inside India to horde grains for rat.
Price of Gold is another piece of puzzle.
We have to watch how much bank writeoff due to subprime loan comes from China. Till now it is upto 12+ Billion dollar