![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi34VdDzJfbjkd_O9sVGgwCTTKfSAk0dNsOK1vzlYwMrxDFcgcDanlJDs5hqBn58qnobzp0utGlA7IKIbJRY8ng58LDKVjzfbMINzw0CUggtQ7zqewM91t8OGteopI3Rdft8N6ydHF7_CoE/s200/china.jpg)
Courtesy of the NY TIMES:
China Stats:
GDP: 9.74%
Inflation: 6.43%
Unemployment: 4%*
Markets: -64.92%
Gallon of gas: $3.48
Interest Rates: 6.66%
The slowdown in exports contributed to the closing of at least 67,000 factories across China in the first half of the year, according to government statistics. Labor disputes and protests over lost back wages have surged, igniting fear in local officials. I sat in disbelief reading today’s Shenzhen local paper stating that Some 9,000 of the 45,000 factories in the cities of Guangzhou, Dongguan and Shenzhen are expected to close down in the next three months according to the Dongguan City Association of Enterprises with Foreign Investment estimates. Those closures would see up to 2.7 million jobs cut as overseas demand for consumer goods and clothes fades, that’s more than 50,000+ a day if you believe official figures, which I do not, and I believe number is actually higher.
http://www.bloomberg.com/apps/news?pid=20601087&sid=a0Ee7HIsw7Ao&refer=home
Nov. 15 (Bloomberg) -- General Motors Corp., burning through cash as sales slump, would cost the government as much as $200 billion should the biggest U.S. automaker be forced to liquidate, a forecasting firm estimated.
A GM collapse would mean ``more aid to specific states like Michigan, Ohio, and Indiana, and more money into unemployment and extended benefits,'' Nariman Behravesh, chief economist at IHS Global Insight Inc. in Lexington, Massachusetts, said yesterday in an interview.
Behravesh's projection of $100 billion to $200 billion in costs dwarfs the $25 billion industry bailout plan that will be debated in Congress next week to prop up Detroit-based GM, Ford Motor Co. and Chrysler LLC. The drain on taxpayers from a rescue or a GM failure is a central issue for U.S. lawmakers. General Motors also pleaded Monday for a billion-euro credit guarantee from the German government to help its Opel subsidiary.
BUSH: "US could have had a depression *greater* than the Great Depression" Admitted this to the press, on live TV, in his own words, after the G-20 economic summit today. Shocked The statement has only been briefly mentioned in the news, why?
Terrific article! This is the kind of information that are supposed to be shared around the
ReplyDeleteweb. Shame on Google for not positioning this post
upper! Come on over and consult with my website . Thanks =)
My web site ::
my web page >
It's a pity you don't have a donate button! I'd definitely donate to this excellent blog! I suppose for now i'll settle for book-marking and adding your RSS feed to my Google account.
ReplyDeleteI look forward to new updates and will share this website with my
Facebook group. Talk soon!
Also visit my homepage ... krankenversicherung mitglieder
My web-site :
This is really attention-grabbing, You're an overly professional blogger. I've joined your rss
ReplyDeletefeed and look forward to in quest of more of your magnificent
post. Additionally, I have shared your site in my social networks
My web site - billig kleidung online
Right here is the right webpage for anyone who really wants to find out
ReplyDeleteabout this topic. You know so much its almost hard to argue with you (not that I really would want to…HaHa).
You certainly put a fresh spin on a topic that's been written about for ages. Great stuff, just wonderful!
Here is my web-site ; kredit mit schufa sofort
I don't even know how I ended up here, but I thought this post was good. I do not know who you are but certainly you're going to a
ReplyDeletefamous blogger if you aren't already ;) Cheers!
Here is my blog ... how to make real money
Also visit my blog post
Hi there, I check your blogs like every week. Your
ReplyDeletestory-telling style is witty, keep up the good work!
Here is my website - günstige krankenkassen
Feel free to visit my web site ;
Admiring the time and effort you put into your website and
ReplyDeletedetailed information you offer. It's nice to come across a blog every once in a while that isn't the same
old rehashed material. Wonderful read! I've saved your site and I'm adding your RSS feeds
to my Google account.
Here is my web site - kredit für studenten ohne schufa
Also visit my web site ...
Good way of explaining, and pleasant article to obtain information on the topic of my
ReplyDeletepresentation focus, which i am going to present in academy.
My webpage ... cheap all inclusive vacations
With havin so much content and articles do you ever run into
ReplyDeleteany problems of plagorism or copyright infringement?
My blog has a lot of exclusive content I've either created myself or outsourced but it appears a lot of it is popping it up all over the web without my agreement. Do you know any methods to help reduce content from being ripped off? I'd truly appreciate it.
Feel free to visit my homepage ... banken kredit ohne schufa
Here is my site
I pay a quick visit everyday some sites and websites to read articles, except this webpage presents feature based posts.
ReplyDeleteAlso visit my blog :: beiträge der krankenkassen
Really when someone doesn't understand after that its up to other visitors that they will assist, so here it takes place.
ReplyDeleteHere is my web blog opportunities for business
Hi there to every body, it's my first pay a quick visit of this weblog; this web site includes remarkable and in fact fine material for readers.
ReplyDeletemy page - search clickbank
Here is my site :
Hello, I think your blog might be having browser compatibility issues.
ReplyDeleteWhen I look at your website in Chrome, it looks
fine but when opening in Internet Explorer, it has some overlapping.
I just wanted to give you a quick heads up! Other then that, terrific blog!
Also visit my blog : getting a home with bad credit
Yes! Finally something about kredit trotz arbeitslosigkeit.
ReplyDeleteAlso visit my web page ; Handy trotz Negativer schufa
Hi to every , because I am truly keen of reading this webpage's post to be updated daily. It contains pleasant material.
ReplyDeleteHere is my blog ... http://mftot.jointokyo.Org/user/view.php?Id=9859&Course=1
Hi all, here every one is sharing these know-how, thus it's good to read this website, and I used to visit this web site daily.
ReplyDeleteHere is my web site ... just click the up coming internet site
I every time emailed this web site post page to all my contacts, for the reason that if like
ReplyDeleteto read it next my contacts will too.
Also visit my homepage; hardwood floors
Hello There. I found your blog using msn. This is a very
ReplyDeletewell written article. I will make sure to bookmark
it and come back to read more of your useful information. Thanks for
the post. I will certainly return.
Take a look at my site ... hardwood floors
I always used to study article in news papers but now as
ReplyDeleteI am a user of internet therefore from now I am using net for articles or
reviews, thanks to web.
my website - home equity loan lowest rate
My website > beitrag private krankenversicherung
I was suggested this website by my cousin. I'm not sure whether this post is written by him as no one else know such detailed about my trouble. You're amazing!
ReplyDeleteThanks!
Review my page: This Webpage
Excellent weblog here! Also your web site rather a lot
ReplyDeleteup fast! What web host are you the use of? Can I get your affiliate link in your host?
I desire my site loaded up as fast as yours lol
My web site ... hardwood flooring
My webpage - just click the up coming internet site
Hello to every body, it's my first pay a quick visit of this website; this webpage contains awesome and really good data designed for readers.
ReplyDeletehardwood floors installation
Feel free to visit my website - cleaning hardwood floors
This paragraph offers clear idea for the new viewers of blogging, that genuinely how to
ReplyDeletedo running a blog.
my site; phoenix cleaning service
Also see my web page: house cleaning phoenix
Heya i am for the first time here. I found this
ReplyDeleteboard and I find It really useful & it helped me out much.
I hope to give something back and aid others like
you aided me.
Here is my web blog - 1
my site > how do you get bad credit
My family every time say that I am killing my time here at net, except I know I am
ReplyDeletegetting know-how every day by reading thes fastidious articles or reviews.
my site - ideas for home business
Superb, what a blog it is! This webpage provides useful information to us, keep it up.
ReplyDeleteFeel free to surf to my homepage; kredit ohne schufa schweiz