China Scrambles to Stave Off Economic Meltdown: globalresearch.com

giovonni · 11-25-2008, 08:11 PM

Greeting's Avalonian's,

China’s wish for a world financial order less dominated by the United States and its dollar is giving way to a more urgent recession at home.

http://globalresearch.ca/index.php?context=va&aid=11140

giovonni

seekntruth · 11-25-2008, 08:44 PM

This article is right on target with the extreme reality going on in the Asian economies. I spoke to a friend this last weekend who works for a huge computer chip manufacturer in the U.S. Apparently, 20,000 workers are being laid off each week in their Singapore operations. There are big cut-backs occurring very quickly to ensure the survival of this global company. U.S. operations will continue, however they will be curtailed considerably over the next year.

So, everyone... how do you like your New World Order so far?!

11-25-2008, 08:11 PM	#1
giovonni Avalon Senior Member Join Date: Sep 2008 Location: within my heart Posts: 1,209	China Scrambles to Stave Off Economic Meltdown: globalresearch.com Greeting's Avalonian's, China’s wish for a world financial order less dominated by the United States and its dollar is giving way to a more urgent recession at home. http://globalresearch.ca/index.php?context=va&aid=11140 giovonni

11-25-2008, 08:44 PM	#2
seekntruth Avalon Senior Member Join Date: Sep 2008 Location: Texas Posts: 78	Re: China Scrambles to Stave Off Economic Meltdown: globalresearch.com This article is right on target with the extreme reality going on in the Asian economies. I spoke to a friend this last weekend who works for a huge computer chip manufacturer in the U.S. Apparently, 20,000 workers are being laid off each week in their Singapore operations. There are big cut-backs occurring very quickly to ensure the survival of this global company. U.S. operations will continue, however they will be curtailed considerably over the next year. So, everyone... how do you like your New World Order so far?!