Go Back  British Expats > Living & Moving Abroad > Far East and Asia
Reload this Page >

Financial tsunami about to hit asia !!

Financial tsunami about to hit asia !!

Old Mar 10th 2009, 11:12 am
  #1  
Banned
Thread Starter
 
Joined: Dec 2008
Location: Australia ( victoria )
Posts: 231
Sherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really nice
Default Financial tsunami about to hit asia !!

Is this true or just more media bollox ?



:curse:
Sherpa is offline  
Old Mar 11th 2009, 7:45 am
  #2  
Account Closed
 
Joined: Jun 2006
Posts: 395
katongkaren is an unknown quantity at this point
Default Re: Financial tsunami about to hit asia !!

Can you post a link, Sherpa?

I'm not sure what this means. Asia is already affected by the world recession.
katongkaren is offline  
Old Mar 11th 2009, 8:15 am
  #3  
Banned
Thread Starter
 
Joined: Dec 2008
Location: Australia ( victoria )
Posts: 231
Sherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really nice
Default Re: Financial tsunami about to hit asia !!

Originally Posted by katongkaren View Post
Can you post a link, Sherpa?

I'm not sure what this means. Asia is already affected by the world recession.
katongkaren this is another line the media are using for the coming effects of the global crisis which they claim hasnt really hit asia yet the worse is yet to come there is no link .
Sherpa is offline  
Old Mar 11th 2009, 8:32 am
  #4  
Used to be Seasider
 
Joined: Nov 2006
Location: Seattle
Posts: 7,171
Kooky. has a reputation beyond reputeKooky. has a reputation beyond reputeKooky. has a reputation beyond reputeKooky. has a reputation beyond reputeKooky. has a reputation beyond reputeKooky. has a reputation beyond reputeKooky. has a reputation beyond reputeKooky. has a reputation beyond reputeKooky. has a reputation beyond reputeKooky. has a reputation beyond reputeKooky. has a reputation beyond repute
Default Re: Financial tsunami about to hit asia !!

There will be no recession in Singapore. The Old Boy simply won't allow it.

In all seriousness, I know quite a few expats who have had their marching orders - one of whom had been with the same company about 13 years. Nowhere can be immune, surely?
Kooky. is offline  
Old Mar 11th 2009, 8:45 am
  #5  
Banned
Thread Starter
 
Joined: Dec 2008
Location: Australia ( victoria )
Posts: 231
Sherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really nice
Default Re: Financial tsunami about to hit asia !!

Originally Posted by Seasider View Post
There will be no recession in Singapore. The Old Boy simply won't allow it.

In all seriousness, I know quite a few expats who have had their marching orders - one of whom had been with the same company about 13 years. Nowhere can be immune, surely?
China is the key to the recovery once they start growing again then the rest of the world will follow so buy " Made In China " and we will all have a job
Sherpa is offline  
Old Mar 11th 2009, 8:50 am
  #6  
Account Closed
 
Joined: Jun 2006
Posts: 395
katongkaren is an unknown quantity at this point
Default Re: Financial tsunami about to hit asia !!

But isn't China reliant on USA buying their goods? So I guess we all have to look towards US don't we - unless China can start selling goods big time elsewhere.
katongkaren is offline  
Old Mar 11th 2009, 9:08 am
  #7  
Banned
Thread Starter
 
Joined: Dec 2008
Location: Australia ( victoria )
Posts: 231
Sherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really nice
Default Re: Financial tsunami about to hit asia !!

Originally Posted by katongkaren View Post
But isn't China reliant on USA buying their goods? So I guess we all have to look towards US don't we - unless China can start selling goods big time elsewhere.
katongkaren yes the US is the consumer that the world needs but china is the supplier of the cheap ( mostly rubbish ) goods stuff that we cant produce as cheaply ( china a nation of slave camps ) so when production picks up in china then you will know that the rest of the developed world ( the consumers ) are back in business
Sherpa is offline  
Old Mar 18th 2009, 3:02 pm
  #8  
Just Joined
 
Joined: Nov 2007
Location: Cyprus
Posts: 22
John0956 is on a distinguished road
Default Re: Financial tsunami about to hit asia !!

Originally Posted by Sherpa View Post
katongkaren yes the US is the consumer that the world needs but china is the supplier of the cheap ( mostly rubbish ) goods stuff that we cant produce as cheaply ( china a nation of slave camps ) so when production picks up in china then you will know that the rest of the developed world ( the consumers ) are back in business
I am not an economist but you dont need to be. You are right that when Chinese production expands we are coming out of the recession. Supply follows demand so the first sign will be a pick up in demand. All production begins with an order. The US sucks in more than 25% of the worlds exports. It is a demand giant among demand dwarfs. So we should all watch US orders picking up. The Fed chairman Bernanke will yell from the rooftops when this happens.
I question that China is a producer of "mainly" cheap goods. I think thats long behind them. My computer was not cheap, the medical equipment they produce is top quality and Airbus now builds aircraft to European standards in Tianjin. China builds jet fighters complete with home produced radars and electronics. They put a satellite in space and have nuclear weapons. Their contracters build dams, railways, harbours and airfields throughout the 3rd world. This is sophisticated stuff and far from cheap.
John0956 is offline  
Old Mar 19th 2009, 4:55 am
  #9  
Account Closed
 
Joined: Jun 2006
Posts: 395
katongkaren is an unknown quantity at this point
Default Re: Financial tsunami about to hit asia !!

Totally agree with that John. My PC wasn't cheap either and works very well (touch bamboo). Of course, a lot of the press in other countries paint a very different picture about China for their own reasons.
katongkaren is offline  
Old Mar 19th 2009, 5:53 am
  #10  
Banned
Thread Starter
 
Joined: Dec 2008
Location: Australia ( victoria )
Posts: 231
Sherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really nice
Default Re: Financial tsunami about to hit asia !!

Originally Posted by katongkaren View Post
Totally agree with that John. My PC wasn't cheap either and works very well (touch bamboo). Of course, a lot of the press in other countries paint a very different picture about China for their own reasons.

In many ways the world has gone forward in technology but has been going in reverse when it comes to quality , Example i used to love wearing doc boots made in england i would wear them until they dropped off usually 5yrs now the same pair of boot im lucky to get 1.5yrs of comfort before i trash them (made in china) but lets not kid ourselves the whole world economy rely on return service so its no good making boots that last for 5yrs when they could have sold 3pairs in 5yrs rather than 1 so think about it its not rocket science
China will make the whole world cry and the longer this downturn continues the further resource prices will fall long enough for the chinese to build a solid holding in world resources so they can dominate the prices theyve done it with cotton for years now so there is more to this than meets the eye .
Sherpa is offline  
Old Mar 19th 2009, 6:00 am
  #11  
Banned
Thread Starter
 
Joined: Dec 2008
Location: Australia ( victoria )
Posts: 231
Sherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really nice
Default Re: Financial tsunami about to hit asia !!

Originally Posted by John0956 View Post
I am not an economist but you dont need to be. You are right that when Chinese production expands we are coming out of the recession. Supply follows demand so the first sign will be a pick up in demand. All production begins with an order. The US sucks in more than 25% of the worlds exports. It is a demand giant among demand dwarfs. So we should all watch US orders picking up. The Fed chairman Bernanke will yell from the rooftops when this happens.
I question that China is a producer of "mainly" cheap goods. I think thats long behind them. My computer was not cheap, the medical equipment they produce is top quality and Airbus now builds aircraft to European standards in Tianjin. China builds jet fighters complete with home produced radars and electronics. They put a satellite in space and have nuclear weapons. Their contracters build dams, railways, harbours and airfields throughout the 3rd world. This is sophisticated stuff and far from cheap.

i noticed that you are in cyprus john any where near paralimni ?
Sherpa is offline  
Old Mar 19th 2009, 7:29 am
  #12  
Just Joined
 
Joined: Nov 2007
Location: Cyprus
Posts: 22
John0956 is on a distinguished road
Default Re: Financial tsunami about to hit asia !!

Originally Posted by Sherpa View Post
i noticed that you are in cyprus john any where near paralimni ?
No other end in Paphos
John0956 is offline  
Old Mar 19th 2009, 8:44 am
  #13  
Banned
Thread Starter
 
Joined: Dec 2008
Location: Australia ( victoria )
Posts: 231
Sherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really niceSherpa is just really nice
Default Re: Financial tsunami about to hit asia !!

Originally Posted by John0956 View Post
No other end in Paphos

i got a place in paralimni near atia napa
Sherpa is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.