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Asian stocks continue to drop as interest rate hikes slowdown economies – finally stagflation has reached India and China
Victor Seth
Jan. 7, 2007

The foundations for great Asian depression is almost ready. The Asian bubble has busted. The Asian stocks are falling apart again today. The stagflation in Asian economies is major problem.

India’s Sensex is now down 107 points at 13,754. The Morgan Stanley Capital International Asia-Pacific ex-Japan Index slid 1.1 percent to 387.72 as of 11:33 a.m. in Hong Kong. All markets open for trading dropped.

The slowdown in US and Europe will have a severe effect in China and India. Because of transparency, India will manifest the agony first. China at first will show no signs of trouble. Eventually it will fall apart Soviet style.

The global depression is eminent. The effects will severe on India and China.


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