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Why Stock Exchange in Other Part of the World Didnt Collapse Like US? PDF Print E-mail
Thursday, 07 February 2008
US DollarI was wondering why the stock exchange in most part of the world didn’t collapse – despite panic and fear that the US is going through recession...

Then it struck me!

1. It is the time of the year where Chinese all around the world gamble big money in the stock exchange. According to past trends, usually the stock market in Asian countries would go up during this festive season as Chinese gamblers would pump in a lot of cash into the stock exchange.

2. China would be holding the Olympics this year and I believe they too want an economic boom for their country and around the world. Should a recession happen before the Olympics take off, nobody would pay any attention to their country and it would be a huge disaster. With so much federal reserve from positive GDP growth – I bet they have the money to keep things stable for now.

The US dollar continue to devaluate over time – but I don’t think it would be for long as the world economic market would follow suit with economic slowdown. It’s just a temporary devaluation.



Comments (3)Add Comment
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written by Pickup Tonneau Cover, February 08, 2008
this leaves another question

1. would it come crashing down after the first quarter?

2. would the US currency go back up to its glorious days?
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written by Virenscanner, February 11, 2008
the lunar new year is over now, i hope that the US dollar would get back up to its glorious days!
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written by Ophthalmic instruments, February 14, 2008
i think china is huge enough to dominate world market

not to mention they have more than 1.3 billion people

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