I Provide Proof That There is a Global Economic Recovery
I am totally fed up with the Doom and Gloom mud political minded raking concerning the 2008 recession. Look folks it all over the world is not diving deeper into a recession, if you want proof what I am saying is right, well just click on the link World Markets
Please note that every stock market chart has sloped upwards since March 2009, that being the date the recovery started to take place. Over this year period and when there has been a trough it’s been very noticeable to me at least. That somebody preached some doom and gloom of which the mainstream media hyped and milked. Normally it was some stupid politician attacking the political party in the seat of power within the worlds richer nations especially USA.
Today as Obama’s administration published a good news story about USA’s GDP in UK a Tory controlled news paper publish some economical propaganda about UK diving deeper in to recession. The Stock Market in UK shows a very different picture as its recovering. However this hype will cause a small trough if other British Tory control media step on the hype band wagon.
To me it does not matter if the Stimulation plans worked or are working. Those that have a political motive, to say the Stimulus packaged is not working seemingly think its okay to dismiss obvious facts. The global stock market charts that show very clearly we are very nearly out of the recession. When I analysis and make a projection in my opinion the Global Stock markets will be completely recovered before next June.
After looking at the yearly global stock market charts one does not need to be a economical genius to see the logic truth. To analyze the market place one needs to look at the markets history and then take a long term logical view. Just look at what the media hype did a week or so ago before all the facts where out about USA’s GDP and now today the truth is out the GDP is better than its been for a long time.
The recovery has never been really about the stimulus package it is about the confidence regained by investors. In the longer term once the markets have recovered new jobs will be created and within a year or so unemployment queues begin to shrink to more acceptable levels.
I keep on reading the need to create jobs then governments bailing out industries, such as the Automobile industry in the US, perhaps that’s a good idea, and then perhaps it isn’t. But the argument's are a never ending headache and the doom and gloom merchants make things look worst than they really are.
I personal would of, initiated home grown manufacturing by placing high import tax on some products from China and maybe India. Certainly never bailed out the banks nor industry. Markets recover on their own that's because investor need to make money once they become comfortable they start gambling again.
It’s logical money has to flow to the home product makers and not to those outside of USA or Europe so manufacturing is the key.
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Negros Oriental, Philippines