Comments on: Merrill Lynch, UBS Clash on China Metals Demand Forecast http://www.dailyreckoning.com.au/merrill-ubs-clash/2007/12/12/ An independent perspective on the Australian and global investment markets Thu, 18 Mar 2010 12:06:35 +0000 http://wordpress.org/?v=2.8 hourly 1 By: Frank Grimes http://www.dailyreckoning.com.au/merrill-ubs-clash/2007/12/12/comment-page-1/#comment-5540 Frank Grimes Wed, 12 Dec 2007 22:51:32 +0000 http://www.dailyreckoning.com.au/merrill-ubs-clash/2007/12/12/#comment-5540 Things are not looking good for the US, but Australia is fast following the same path. Things are not looking good for the US, but Australia is fast following the same path.

]]> By: Brian http://www.dailyreckoning.com.au/merrill-ubs-clash/2007/12/12/comment-page-1/#comment-5504 Brian Wed, 12 Dec 2007 03:44:13 +0000 http://www.dailyreckoning.com.au/merrill-ubs-clash/2007/12/12/#comment-5504 China appears locked into building cities along the eastern sea board. Even if America goes into recession, which I think it will, the demand for metals will stay high, which may shield Australia from the recession. China will not have as much demand for her goods as she does at present, however there are massive reserves ($1.4 trillion),to draw on. From every angle it looks bad for the USA. And we had better learn quickly or we will share a similar fate. China appears locked into building cities along the eastern sea board. Even if America goes into recession, which I think it will, the demand for metals will stay high, which may shield Australia from the recession.

China will not have as much demand for her goods as she does at present, however there are massive reserves ($1.4 trillion),to draw on.

From every angle it looks bad for the USA. And we had better learn quickly or we will share a similar fate.

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