Don’t Panic – Shifting Sands under our feet!
Totally mad hair eh? I had a nap after work before doing this LOL 
george4title playlist – “Monopoly Men”
http://www.youtube.com/view_play_list?p=286C603B6B501CE3
As the FT is starting to suffer in the economic ‘slump’, they are changing their policies on internet access to these stories. You may need to register multiple email addresses to read these (is that so tough to do for the truth?)
So I will try to find alternate sources for the background on these stories.
******* Newsflash ***********
China overtakes Germany as worlds third economy:
http://www.ft.com/cms/s/0/e77e9434-e197-11dd-afa0-0000779fd2ac.html
Alternate:
China becomes world’s third largest economy:
http://www.guardian.co.uk/business/2009/jan/14/china-world-economic-growth
Seriously going to mess up Germany’s economy!
*****************************
New Zealand credit rating dropped:
http://www.ft.com/cms/s/0/0cf1d450-e158-11dd-afa0-0000779fd2ac.html
(Alt – New Zealands foreign currency credit rating under pressure)
http://www.nbr.co.nz/article/new-zealand-s-foreign-currency-credit-rating-under-pressure-39522
European Bond spreads widen to records:
http://www.ft.com/cms/s/156d58fc-e1a3-11dd-afa0-0000779fd2ac.html
Update: S&P have lowered Greece’s credit rating:
http://www.ft.com/cms/s/9b650d60-e239-11dd-b1dd-0000779fd2ac.html
Alt S&P cuts Greek debt rating as global crisis bites:
http://www.reuters.com/article/bondsNews/idUSLE28479620090114
Record bond yield gaps highlight alarm at fiscal strains:
http://www.ft.com/cms/s/0/cd5a6478-e1da-11dd-afa0-0000779fd2ac.html
(Note that Italy is not being questioned by S&P yet; but it’s bond spreads over Germany are bigger than Portugal at the moment)
Ghandi heir to harness people power:
http://www.ft.com/cms/s/0/e77e9434-e197-11dd-afa0-0000779fd2ac.html
(Alt: Young Congress icon Rahul playing bigger role:)
http://www.newspostonline.com/national/young-congress-icon-rahul-playing-bigger-role-2009011124183
Indian Rice producers sound alert on defaults:
http://www.ft.com/cms/s/47717f1c-e1db-11dd-afa0-0000779fd2ac.html
Shipping rates hit zero as trade sinks:
http://www.telegraph.co.uk/finance/4229198/Shipping-rates-hit-zero-as-trade-sinks.html
Global crisis slows EADS expansion plans:
http://www.ft.com/cms/s/01a8e092-e181-11dd-afa0-0000779fd2ac.html
(Alt EADS shelves US defence acquisition to preserve cash:)
http://www.telegraph.co.uk/finance/newsbysector/transport/4229274/EADS-shelves-US-defence-acquisition-to-preserve-cash.html
Aircraft industry shocked by view from ground level:
http://www.ft.com/cms/s/60ff4dde-e1da-11dd-afa0-0000779fd2ac.html
Airbus in unknown territory:
http://www.ft.com/cms/s/6cc1a142-e1dc-11dd-afa0-0000779fd2ac.html
(Alt As Airbus Takes the Crown for ’08 Orders, Question Ahead Is Cancellations:)
http://online.wsj.com/article/SB123188661518078863.html
And why would i want to fly on an A380? Perhaps because of this 
Sex ban on the Airbus A380:
http://www.timesonline.co.uk/tol/travel/news/article2747522.ece
Boeing hit by production snags:
http://www.ft.com/cms/s/61cf96b4-e1db-11dd-afa0-0000779fd2ac.html
Merkel defends 50-billion-euro stimulus plan:
http://www.dw-world.de/dw/function/0,,12215_cid_3943686,00.html?maca=en-en_nr-1893-xml-atom
German economy stumbles, raising pressure on ECB:
http://www.guardian.co.uk/business/feedarticle/8252931
Other worthy stories:
(SMEs)
Does size matter on the High Street?
http://news.bbc.co.uk/1/hi/business/7815983.stm
(Not looking too god for UK SMEs)
Economic survey results are worst on record:
http://www.britishchambers.org.uk/6798219243425521400/economic-survey-results-are-worst-on-record.html
(China GDP growth)
China slowdown ‘big global risk’:
http://news.bbc.co.uk/1/hi/business/7824708.stm
(General UK retailing)
Gloomy mood points to dire downturn:
http://news.bbc.co.uk/1/hi/business/7826371.stm
(Hillary talks of “partnership” with the US’s biggest trade partners, Canada and Mexico)
RAW DATA: Hillary Clinton’s Statement at Senate Confirmation Hearing
http://www.foxnews.com/politics/2009/01/13/raw-data-hillary-clintons-statement-senate-confirmation-hearing/
Peace
Duration : 0:9:20
[youtube 1uEf9H3GfxU]
hmmmmm. aren’t all …
hmmmmm. aren’t all of those of countries all socialist?????
The only good thing …
The only good thing that might come out of this, is the dismantling of the european union.
I mean the political part with the central european government plans.
The trading part was okay, but now they were talking about this Lissabon treaty. Some europarletarians imposing laws on all the countries, abolishing freedoms, enforcing central regulations. Those kind of things really started to frighten me. Hopefully governments decide to abolish this central government business.
thanks for the info …
thanks for the info,sorry havent been on much we are having record temps here school cancelations been letting the kids use comp. for amusement they`er getting stircrazy LOL PEACE
I just would like …
I just would like you to know we appreciate you taking the time from your busy schedule to make these videos…
thanks
Melatonine works …
Melatonine works for me when I have jet lag.
No!!! The reality …
No!!! The reality of this CRISIS is WE humans are gaining consciousness of our universe, planet and the self which creates a certain shift of awareness on producing, consuming and buying less ty products/services offered to us by the psychopath corporate.
Now because they own the media they are struggling to hide these facts and they are bailing out the ty and stinky corporate as if they were the cause of the problem.
Please switch off your TV.
What do you do for …
What do you do for work?
He should be able …
He should be able to get a flip mino or minoHD for a really good price here. He should try and get the real thing if he can – they’re both fantastic little cams for YT, and portable. While the quality is great, they are a lot more expensive than a ‘webcam’ and they can be used for a lot more things than a webcam.
The video quality is much better on the HD if you can part with the extra money, but the files take much longer to upload. google for flip mino HD and see videos
Just MHO
Mike
Germany troubles …
Germany troubles are no way a surprise. Again a coincidental situation.
Germany happened to be expert on heavy industry which includes production of machines tools.
China was building a lot of factories to meet their side of the agreement with the US then big demand on machines tools.
Germany was probably one of the only countries to have a positive net with China.
US demand for manufactured goods drops. China demand for manchines tools drops. Germany in trouble.
Nothing unexpected …
Nothing unexpected here. In a system based on private property, there is a demand to protect private property. As a result, the guy with the biggest guns has the upper hand. I learnt that from the gangs in the US which are actually an open to everyone to see model of the world community at large. The US has the biggest army and therefore is the best provider of security. Putting your stuff on the ganglord’s turf is the safest way of protecting it. And actually the € is dropping.
Well, nothing will …
Well, nothing will happen that might awaken people in the way you expect. Because this crisis is the expellation of an unneeded part of the western population. The other part of the population is going to benefit from this expellation. So, yes, not only this crisis is going to be a slowdown for some people in the western world but it will open even more opportunities to improve their standard of life. So…
yes always it …
yes always it was a long time ago that i had so much dopamine floathing in my head
back to reality….
Mike,
It s seems …
Mike,
It s seems like here in the states things are happening really slowly. Cars are piling up in the port and ships are almost nonexistent. Still it seems we are cranking along doing our thing. Do you have any idea what will happen that will open people eyes the global meltdown that simply cant be ignore? I have family that simply thinks this is a little slowdown and are not taking any of this seriously. Frustrating!!
And Mexico, is …
And Mexico, is having problems.
I checked out a …
I checked out a couple of articles you suggested – enlightening if somewhat frightening reading.
Unfortunately, in the US we’ve dispersed half of our bank bailout w/ no strings or accountability to the very hoods who got the ball rolling – w/ predictable results.
Bernie Madoff, the greatest criminal of all time, is barely a blip here. It truly seems we’ve lost all sense of right and wrong – or perhaps any sense of scale.
Thanks for your work. 5* and I’ll be subscribing.
It wouldn’t …
It wouldn’t surprise me if there was an organized effort to sow doubt about the euro. Our govt may not give a what anyone thinks of our foreign policy, but they care deeply what people think of our currency & competing currencies.
I personally think all govts are trying to do the wrong thing. They’re all trying to get growth back & they’re willing to mortgage the future to do it. Where is it written that endless growth is our birthright? We s/ focus on sustainability & efficiency.
LOL! …that and …
LOL! …that and the 1billion people (they probably wouldn’t miss a few):)
Thanks. I don’t …
Thanks. I don’t remember who recommended you to me but I am glad they did.
Rice producers
…
Rice producers
Rice producers, well I wonder what will happen when the rice producers run out of money to produce rice
please buy more rice before the producers of rice arent able to produce more rice. stock up, stock up………………………….
Excellent …
Excellent presentation, Mike. My son is having a computer shopping trip in HK right now, can you suggest what are the latest gadgets he can buy for me in producing and uploading video responses in youtube? He is staying in Park Lane st Causeway Bay and shop around Shum Shui Bu and Monkok computer malls.
The German …
The German manufacturing machine was going strong until this month. False hopes that the ex-third biggest economy would have a ‘narrower decline’ then the US / Japan / China.
So guess what? They export a lot of stuff, and now the demand is dropping. They are better placed to rid out the storm, but not immune. People are waking to that reality now.
BTW Germany will likely re-take third place this year, China’s GDP will drop by more than Germany.
The dropping Euro is a catchup game.
Peace
Can you explain why …
Can you explain why the dollar is rising against the Euro? I never expected that to happen.
Your prospective …
Your prospective and hard work is appreciated as always. Be safe and Peace.
Nah, and besides – …
Nah, and besides – it seems that the UK have exported speed cameras here too! LOL
Thanks for the …
Thanks for the prompt response. And don’t drive too fast in the Maserati.