Warning: mysql_real_escape_string(): No such file or directory in /home/lukeodom/otherbrothersteve.com/wp-content/plugins/statpress-reloaded/statpress.php on line 1786

Warning: mysql_real_escape_string(): A link to the server could not be established in /home/lukeodom/otherbrothersteve.com/wp-content/plugins/statpress-reloaded/statpress.php on line 1786

Warning: mysql_real_escape_string(): No such file or directory in /home/lukeodom/otherbrothersteve.com/wp-content/plugins/statpress-reloaded/statpress.php on line 1786

Warning: mysql_real_escape_string(): A link to the server could not be established in /home/lukeodom/otherbrothersteve.com/wp-content/plugins/statpress-reloaded/statpress.php on line 1786

Warning: mysql_real_escape_string(): No such file or directory in /home/lukeodom/otherbrothersteve.com/wp-content/plugins/statpress-reloaded/statpress.php on line 1786

Warning: mysql_real_escape_string(): A link to the server could not be established in /home/lukeodom/otherbrothersteve.com/wp-content/plugins/statpress-reloaded/statpress.php on line 1786

Warning: mysql_real_escape_string(): No such file or directory in /home/lukeodom/otherbrothersteve.com/wp-content/plugins/statpress-reloaded/statpress.php on line 1786

Warning: mysql_real_escape_string(): A link to the server could not be established in /home/lukeodom/otherbrothersteve.com/wp-content/plugins/statpress-reloaded/statpress.php on line 1786

Warning: mysql_real_escape_string(): No such file or directory in /home/lukeodom/otherbrothersteve.com/wp-content/plugins/statpress-reloaded/statpress.php on line 1786

Warning: mysql_real_escape_string(): A link to the server could not be established in /home/lukeodom/otherbrothersteve.com/wp-content/plugins/statpress-reloaded/statpress.php on line 1786

Warning: mysql_real_escape_string(): No such file or directory in /home/lukeodom/otherbrothersteve.com/wp-content/plugins/statpress-reloaded/statpress.php on line 1786

Warning: mysql_real_escape_string(): A link to the server could not be established in /home/lukeodom/otherbrothersteve.com/wp-content/plugins/statpress-reloaded/statpress.php on line 1786
A View from the Altar / China says another round of recession coming
Skip to content

China says another round of recession coming

The People’s Daily says the Shanghai stock market is indicating that a “double dip” recession is now inevitable.  Check it out.  Among their audacious claims is that the Dow follows the Shanghai market.  We’ll know in a few weeks if that’s really so.

Regardless, the U.S. economy is sputtering under the threat of massive tax increases later this year in the lame duck session of Congress.  No businessman can afford to risk a big investment when he suspects his property may be confiscated by angry Democrats bent on visiting vengeance for electoral losses upon disobedient and thankless voters.  Look for increasing discussions of major tax hikes on income and capital gains, a possible value-added tax, and yet another mad dash for a cap-‘n-tax energy bill aimed at transferring wealth from red states to blue.

otherbrothersteve@gmail.com

Post a Comment

Your email is never published nor shared. Required fields are marked *
*
*