Club Mulgoa

Wednesday, November 07, 2012

Simple logic

A few days ago, DJI suddenly went up just before the election as bookies confirmed that BO's odds are improving and there was a bit more certainty.  But why should the economy improve?  This has no logic and I didn't believe in such rubbish.

All American and European problems are still there.  BO's energy had been channeled into campaigning but the real issue is bad employment figures and the huge USA debt.  And now China is reeling significantly too as its main markets, USA, EU and Japan are all suffering.  And even better, China is picking a fight with Japan over territorial issue.  Australia the shar-pei will perform as its masters hint it to do so...

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