Back On Track

If you have NOT owned a piece of Australia,
Like I've always been suggesting in this Blog,
You may have already missed out.
(Because it could be the time to Sell NOT Buy)

Australia just raised its interest rate.
The 1st in the G20.
Which has pushed A$ Higher.

And also the Gold Price and other share markets Higher.
Because many see this move as the world economy is, finally,
"Back On Track - to Recovery"

Yes, I do agree the world economy is,
"Back On Track"

But only,
"Back On Track........to another Meltdown.
"To Battle 5!"

Japan,
the World's 2nd Largest economy,
has experienced 3 Recessions within the last 10 years.
And yet nothing like this time.

Many Japanese now buy Wal-Mart goods rather than "Brands"
Even though they're known to be addicted to "Brands".
And the well respected Italian "Brand", Versace,
Which has been in Japan for over 30 years,
Plans to close its 3 directly owned shops.

IMF,
Keeps stating that Governments should not Retreat too soon.
Has warned although US$1.3 Trillion has so far been written off,
There should be another US$1.5 Trillion to be written off!

World Bank,
Has already spent US$45 Billions in rescuing some poorer countries,
Has warned that its money could be dried up in about 6 months.
There're just too many countries in troubles!

The US,
Where the current WWIII started,
Things are looking even Worse.

The Vacancy in Residential Housing has risen to 7.8%
The Highest in 23 years!

And the Commercial Buildings?
Well, has risen to 16.5%
The Worst in 5 years!

So, do you really think,
We're "Back On Track for Recovery"?

Please, please stop......Kidding Me!

http://www.nytimes.com/2009/10/07/business/economy/07shadow.html?_r=1&em

Fate
Better Wait than Waste (your Money)
www.myboysmyboss.blogspot.com