January 21 2010
Full Story :- Roubini says China can't bring recovery alone

By Chris Oliver, MarketWatch

HONG KONG (MarketWatch) - Noted economist Nouriel Roubini said Thursday that expectations China can buoy the global economy on its own will meet with disappointment, adding that a glut of worldwide industrial capacity threatens recovery from the financial crisis.

January 18 2010
Full Story:- Dan Dorfman : Who says the bad news is over?

In the above story, Harry Dent makes the assumption that the Dow could reach 3800 by November 2010.
The Dow last closed at 10,609.
Should we follow that profile, the All Ords could drop to about 1800 points, levels last seen in 1993 and 1995.

JANUARY 16 2010

Full Story:- Peter Sands: don't imagine that China is going to save us

Sands, whose bank operates across south-east Asia, warns that the world must not be too reliant on Chinese consumption to lead it out of the economic downturn.

"It is unrealistic of the West and unfair on China."

If you do the statistics on world GDP it's around $60 trillion, and of that China creates about $4.4 trillion, America $14.4 trillion and the European Union $13.6 trillion

"When you look at those figures, it is slightly odd to be looking at the $4.4 trillion and saying: 'Pull us out of this hole.'

People lose sight of the fact that in per capita terms it is a relatively poor country. China can be helpful, but fundamentally what the world needs is for Europe and the US to sort themselves out."