In 2012, look for political and economic changes in Europe, closely watch what happens with Iran and Syria and Iraq in the Middle East, and see how China deals with the fallout of a likely repeat recession in Europe. A change of the guard is in store for China, and it is usually a sensitive time in the People’s Republic. The economic downturn in Europe and the USA will lessen demand for Chinese products, hurting its manufacturing and export driven economy, and when people don’t have money they can’t buy stuff, much less buy a house.
Watch the presidential race and election in the United States closely, as it will be likely an ugly one with huge amounts of money being spent in both political parties. Keep an eye out on China and its territorial claims in the South China Sea, as the overlapping claims there make it a possible flashpoint for regional conflict. And, closely watch what happens with Iran, Israel and the United States.
In 2012, look for political and economic changes in Europe, closely watch what happens with Iran and Syria and Iraq in the Middle East, and see how China deals with the fallout of a likely repeat recession in Europe. A change of the guard is in store for China, and it is usually a sensitive time in the People’s Republic. The economic downturn in Europe and the USA will lessen demand for Chinese products, hurting its manufacturing and export driven economy, and when people don’t have money they can’t buy stuff, much less buy a house.
ReplyDeleteWatch the presidential race and election in the United States closely, as it will be likely an ugly one with huge amounts of money being spent in both political parties. Keep an eye out on China and its territorial claims in the South China Sea, as the overlapping claims there make it a possible flashpoint for regional conflict. And, closely watch what happens with Iran, Israel and the United States.