China stimulus is coming and commodities will rally

  • Thread starter
  • Banned
  • #2
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:
  • Thread starter
  • Banned
  • #4

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
 
  • Thread starter
  • Banned
  • #5
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
 
TM is like Pavlov's dog, she sees the word "Stimulus" and she gets an Obama tingle up her leg
 
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

Um, because it didn't work. Krugman said it didn't work and so did Obama
 
  • Thread starter
  • Banned
  • #8
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
 
[ame=http://www.youtube.com/watch?v=zPO777FueO8]Obama shovel ready laugh - YouTube[/ame]
 
Some type of stimulus package aimed at reigniting the Chinese growth engine would be a help,

a government stimulus does not reignite the growth engine you perfect complete liberal fool!! It creates a bubble that bursts and causes a depression just like the current depression that resulted from the liberal housing stimulus!!

If you don't have the IQ to be here, why are you here, liberal.
 
First of all the stimulus didn't work here. I don't even have to read the article and tell you why this Keynesian thinks the stimulus will work in China (he knows in fact it really wont work in the long run, but it may help our consumer based economy in the short term). You see, the basic problem with the US economy is its based on debt financed consumption, and there is little production and savings.

Let's assume China lowers interest rates (devaluing their currency), and allowing a temporary bubble in their economy. This will lead to more production, which will allow the consumer over here (us), to buy more chinese products. This is putting another band aid on our problems, which will do nothing to correct the underlying fractures in our economy.
 

Then go live in China Liesmatters. You're bullshit is getting old and everyone (even other idiot liberals) are getting tired of it. The stimulus did not prevent a "depression". That's just a bullshit excuse you use to cover the FAILURE of the marxist Barack Obama.

a liberal has a low low IQ so its very very simple for him. A stimulus will stimulate the economy so the good people will support it and the evil people won't.
 

Forum List

Back
Top