No Growth in China and Other Outrageous Prophecies

No Growth in China and Other Outrageous Prophecies

finance.yahoo.com

Last year was marked by astonishing and market-changing events including a $100 fall in the price of oil, the drop to zero of U.S. interest rates and the collapse of Wall Street giants such as Lehman Brothers.

This year could bring more, equally unbelievable, happenings such as another 400 points being wiped off the S&P 500 and a slump in Chinese growth to zero, according to a report from Saxo Bank titled "10 Outrageous Claims 2009."

(visit the link for the full news article)

Mod Edit: Breaking News Forum Submission Guidelines – Please Review This Link.

[edit on 30/12/2008 by Mirthful Me]

This caught my eye while surfing Yahoo. As outrageous as these predictions are some of them seem plausible.
1. Iranian revolution – There is lots of research and commentary on the internet saying that Iran is on the verge of its next revolution.
3. S&P 500 to 500 – This one wouldn’t surprise me either, the world economy is tanking and there are not a lot of signs of improvement.


finance.yahoo.com
(visit the link for the full news article)

Mod Edit: Breaking News Forum Submission Guidelines – Please Review This Link.


[edit on 30/12/2008 by Mirthful Me]