Sunday, March 20, 2011
Japan's Disaster Boosting the Economy
So history has actually proven that every time Japan has had a major disaster recovery has boosted their economy, and according to the World Banks this time wont be any different. Especially since this disaster has caused a triple disaster, earthquake, tsunami and nuclear disaster. It's almost like a stimulus package, as depressing as it seems it is amazing how something like this actually helps. To me Worlds Banks are just way to exited with the thought how once again Japan is going to depend on outside help. And every country that has sent relief is just waiting in line for those big contracts to come, so ya I stand by my belief nobody anymore does anything "good" or "helps" without expecting something in return especially when you are the bigger winner.
Sunday, March 13, 2011
China's Perfect Economy Not so Perfect
With China as the second largest Economy in the world the pressure is really starting to catch up in their own backyard. With inflation reaching up to 4.9%, the Chinese government is struggling to keep it under control, the public is really starting to feel the pressure as food prices go up by 11%. How will China stay on the top without there being such painful consequences? China is going to have to forget about the worlds Economy and branching out for a while. After resenting and making fun of the US for trying to fix the world's economy China is starting to fall in the same pattern lets just hope they don't end up in the same black hole.
China's Perfect Economy Not so Perfect
With China as the second largest Economy in the world the pressure is really starting to catch up in their own backyard. With inflation reaching up to 4.9%, the Chinese government is struggling to keep it under control, the public is really starting to feel the pressure as food prices go up by 11%. How will China stay on the top without there being such painful consequences? China is going to have to forget about the worlds Economy and branching out for a while. After resenting and making fun of the US for trying to fix the world's economy China is starting to fall in the same pattern lets just hope they don't end up in the same black hole.
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