Thursday, September 30, 2010

Inches away from an Asian/US trade war (update 6) -China's PMI up 53.1%, South Korea's PMI down 48.8% (contraction)

As the rest of Asia contracts and China expands via a re-pump of cheap products swamping the world + China's housing bubble (the mother of all bubbles)

You can guarantee that Japan and South Korea will devalue the currencies like no tomorrow and the US will' go all out war' with trade tariffs.

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