is headed lower.
well joe, last time i went to sams, walmart, target, k-mart, sears, costco, pennys, and all the others i left out they were people still buying the stuff the chinese make so your point again is what.
Their economy is not self-sustainable. They need the West. Why do you think they have been buying trillions of US and EU debt? The Chinese economy will tank if the US and EU tank. There is no way China will sustain infrastructure growth rate if the markets their businesses sell to fall apart.You would think the past two years would make people question their positive assumptions and better analyze them. But, this doesn't seem to be the case . . . at least, not here on the FCX board.
You mean Chinese growth is only going to be 7%??
says whom? China isn't starting to pick back up.
Do you believe those numbers?
how low ? $10?