SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (44986)1/8/2009 6:41:24 AM
From: energyplay  Read Replies (2) | Respond to of 217593
 
What is the sense that the China government will be able to handle the economic crisis well ? Is there still confidence ?

I also noticed that Taiwan was cutting rates, and stating something about how their actions coordinate with what the Mainland is doing.

When I see governments and central banks around the world trying to coordinate efforts, without the usual criticisms and even less game playing, it is a sign that the governments are really scared.

Last time there was this much cooperation was SARS and bird flu.

I expect we will see some very bad unemployment numbers, maybe this month, but certainly next.

As a result, almost every wallet will be closed up tight.