China stimulus is coming and commodities will rally

Discussion in 'Economy' started by Truthmatters, Aug 22, 2012.

  1. Truthmatters
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  2. Truthmatters
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    BHP Billiton on the Forbes Global 2000 List




    At a Glance
    Industry: Diversified Metals & Mining
    Founded: 2001
    Country: Australia
    CEO: Marius Kloppers
    Employees: 40,757
    Sales: $71.74 B


    Forbes Lists

    #49 Global 2000
    #93 in Sales
    #8 in Profit
    #236 in Assets
    #16 in Market value

    So why does this 8th in profit of the world co think stimulus works?

    What will you say when it works in China like it worked here ?
     
    Last edited: Aug 22, 2012
  3. TakeAStepBack
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    TakeAStepBack Gold Member

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    Cheap money always rallies the market to by commodities. Can you tell us why that is?
     
  4. Truthmatters
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    Some type of stimulus package aimed at reigniting the Chinese growth engine would be a help, and BHP expects that one will be on its way. The company forecasts short-term weakness due to volatile commodity markets, but expects “supportive economic policy and broad growth bias, particularly in China, to lead to measured improvement in the external environment beginning in the first half of the 2013 financial year.”

    Forbes seems to think stimulus works too
     
  5. Truthmatters
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    there is ONLY one reason the right in this country claims stimulus doesnt work.

    Because it was the tool Obama used to save us from a depression.

    Hell you people backed stimulus when Bush tried it
     
  6. CrusaderFrank
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    CrusaderFrank Diamond Member

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    TM is like Pavlov's dog, she sees the word "Stimulus" and she gets an Obama tingle up her leg
     
  7. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Um, because it didn't work. Krugman said it didn't work and so did Obama
     
  8. Truthmatters
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    you are so obviously liars and partisan hacks who place party over country that proving it is easy.


    You will never admitt to the facts because your dishonest through and through
     
  9. Truthmatters
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    fucking liars
     
  10. CrusaderFrank
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    CrusaderFrank Diamond Member

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    [ame=http://www.youtube.com/watch?v=zPO777FueO8]Obama shovel ready laugh - YouTube[/ame]
     

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