Comments on: Surviving the current credit tsunami http://weinvestonline.com/blog/2009/02/surviving-the-current-credit-tsunami/ Tue, 27 Sep 2011 00:18:42 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: admin http://weinvestonline.com/blog/2009/02/surviving-the-current-credit-tsunami/comment-page-1/#comment-3 admin Mon, 16 Feb 2009 23:17:37 +0000 http://weinvestonline.com/blog/?p=93#comment-3 Thanks Ted, I am a believer in the infrastructure improvements, the USA needs to be taking notes. The lack of tranparency makes it very difficult, however I am not sure it would help if everyone showed their hand in this card game. Either way you look at it China, India and the USA need to step up and get the world economy moving. Each will help the others when they start growing again at a faster pace. It is hard to know who will do better but it will always be a matter of opinion. As long as the banks can keep lending we will see growth. I believe the velocity of the money will play a big role in the recovery and how markets react. Thanks Ted,
I am a believer in the infrastructure improvements, the USA needs to be taking notes.

The lack of tranparency makes it very difficult, however I am not sure it would help if everyone showed their hand in this card game.

Either way you look at it China, India and the USA need to step up and get the world economy moving. Each will help the others when they start growing again at a faster pace. It is hard to know who will do better but it will always be a matter of opinion. As long as the banks can keep lending we will see growth. I believe the velocity of the money will play a big role in the recovery and how markets react.

]]> By: Ted Cruise http://weinvestonline.com/blog/2009/02/surviving-the-current-credit-tsunami/comment-page-1/#comment-2 Ted Cruise Mon, 16 Feb 2009 22:35:32 +0000 http://weinvestonline.com/blog/?p=93#comment-2 Hey Ron, For a lot of reasons I think China will weather the current crisis better than the U.S. Two factors I'd suggest considering are: 1. Beijing is expecting to spend a staggering 4 trillion RMB on infrastructure. Since the central committee has continued to talk about an 8% GDP growth as a basement figure I think they're going to spend their way to 8% 2. The general lack of transparency makes it difficult to say for sure what is going on. Considering how much difficulty we are having here in the U.S. quantifying the problems in the economy it is possible that there is a large financial crisis that is kept out of view. Hard to know. Hey Ron,

For a lot of reasons I think China will weather the current crisis better than the U.S. Two factors I’d suggest considering are:

1. Beijing is expecting to spend a staggering 4 trillion RMB on infrastructure. Since the central committee has continued to talk about an 8% GDP growth as a basement figure I think they’re going to spend their way to 8%

2. The general lack of transparency makes it difficult to say for sure what is going on. Considering how much difficulty we are having here in the U.S. quantifying the problems in the economy it is possible that there is a large financial crisis that is kept out of view. Hard to know.

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