[TigerLikesRooster]

Not really true. Some niche economy in the world is doing OK. Asia is living off Chinese stimulus for now, which will dry up soon. No real green shoot to speak of.

[Ev Reeman]

Recovery?

What recovery?

lmao

The Obummer administration to the American people: “We don’t need no stinkin’ recovery”.

[blam]

"Not really true. Some niche economy in the world is doing OK. Asia is living off Chinese stimulus for now, which will dry up soon. No real green shoot to speak of."

The Chinese are anxiously waiting for the riots to begin...the big ones.

[Cheap_Hessian]

“Not really true. Some niche economy in the world is doing OK. Asia is living off Chinese stimulus for now, which will dry up soon. No real green shoot to speak of.”

I adhere to the decoupling scenario. Granted China is not going to get rich from buying our debt, the real key for China is if the government will allow its people to consume the products they produce. The problem with America is that we have become noncompetitive in the global market place thanks to taxes, regulations, moral hazards, and government irresponsibility.

We need a competitive business environment to produce again, but that won’t happen with the current administration and Fed policy. With all that being said I am mostly bullish on gold, but the emerging markets will do better than America in the near and medium term.