Global Economy

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<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Marc Faber says the growth in China will top 5% at the max.

This is recession for China in a big way <!--QuoteEnd--><!--QuoteEEnd-->
My forcasting model says, it will be very deep recession.
Currently, villages are not effected, but China had reduced production in every industry more then half. They can't keep workers happy. What they can do? WAR, to keep people busy and kick start econmy.
China's X-mas products had reached US shores and companies are already filing Chapter 11 in US. This is lost money for China, this will hit China very hard, as same happened with Japan.

Even Macau based bussiness is going under. Trillions just evaporated from China's economy.
Betting on foreign currency and they had invested trillions in now defunct enterprises.
Now they will put pressure on US, , EU and to keep re-paying borrowed money.
Think if US default payment ??? <!--emo&--><img src='style_emoticons/<#EMO_DIR#>/biggrin.gif' border='0' style='vertical-align:middle' alt='biggrin.gif' /><!--endemo-->