Is lowering of SENSEX another knock of recession? If yes then from where has this recession started
Is lowering of SENSEX another knock of recession? If yes then from where has this recession started this time?
Sensex has reached 16k points this time which is the lowest in last 5 years. The earlier recession had Lehman Brothers as their foundation but what about this time? recession of 2009 had hit mainly the western market whereas this time it is expected that the recession will hit the Asian market.
The "recession" never ended, unless you are one of the idiots who believe what the main stream media and governments tell you.
This has been going on since 2007, all the things that caused the problems in 2007-2008 are worse - banks are bigger, risk is bigger because the USA has pumped so much money into the world from nothing.
Japan has not budged from recession in over a decade.
The collapse will start in Europe and spread world wide - Greece, then Spain, now Italy and France.
Or Bank of America gets bailed out once again, and Americans get a spine and revolt.
Take your pick - it ain't going to come from Japan or China - that is for sure.
Who ever convinced you that we ever got out of a recession, they lied.
John D. Wilson
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