My prediction..........World wide recession and markets to finish around 35% from current level . oil down to around 15.00 a barrel and China growth to around 6.4%. Globalization to wind back and slow start of local manufactoring . Australian dollar down to 55 cent.... forgot to say another one or two Q.E. each around 1 trillion in U.S.A and Europa

I believe that the oil price will go up pretty soon, I'm seeing it to be higher than 50$ till June...

I think you're wrong because the markets are imaginary. Money isn't backed by anything anymore, and thus can be manipulated.

When the Earth is a glowing ball of molten rock a few billion years from now, the markets will still have a fixed price for the price of oil.

I think we'd probably agree if we measured real terms rather than the markets, though.

Foreverrr wrote: I believe that the oil price will go up pretty soon, I'm seeing it to be higher than 50$ till June...

...........................No way . Saudi Arabia will kill oil price for another few years . Saudi Arabia is effectively beached. It relies on oil for 90pc of its budget revenues. There is no other industry to speak of, a full fifty years after the oil bonanza began. Plus Iran will now start huge production

tasman1 wrote: My prediction..........World wide recession and markets to finish around 35% from current level . oil down to around 15.00 a barrel and China growth to around 6.4%. Globalization to wind back and slow start of local manufactoring . Australian dollar down to 55 cent.... forgot to say another one or two Q.E. each around 1 trillion in U.S.A and Europa

China Gpd is 6.4 per year? It's a great year. They expect China to grow 10 percent each year.

Everybody should be paid equal worldwide. No more outsource jobs due slave labor wages from third world country? This is the problem.

from davidbugs .....
Everybody should be paid equal worldwide........
hmmmmm let see one example . Australian AVG pay per year is over 60 000 . in China it is around 5000 per year. Who earn more????? Person in China earns more, do you know why ??? 5000 dollar buys more than 60 000 in Australia or U.S.A. , here one loaf of bread cost you 5.00 . Globalization is killing western world , west is dying , east is rising , time to stop globalization or people in Western World can start looking for place under the bridge for night and find garbage bin for food

Economy never recovered. If the idiots let us take medicine back in 2008 would of been painful but short which much better what we about to get. Its going be much worse and long and due all money wasted trying make recovery not painful they can not afford make next one any better so must take pain this time.

World economy continue Down , oil is dying , share markets crashing ,,,,,,,,,wow , and 2016 just started .Think world is going to crash this year

The hardest thing about Ragnarok will be pretending I'm not excited.

The faster economy is from India. But a lot of people from india still live the slums. It's not improvement period.

The majority jobs are going oversea but it didn't improve to reduce the poverty worldwide. A lot of third world country people still live slums. It didn't improve their standard of living.

If india is currently number 3 economy in the world? Why they do not get rid of slums period. I am sick of tired the rich people worldwide taking advantage third world country.

People should not be living slums worldwide period.

tasman1 wrote: from davidbugs .....
Everybody should be paid equal worldwide........
hmmmmm let see one example . Australian AVG pay per year is over 60 000 . in China it is around 5000 per year. Who earn more????? Person in China earns more, do you know why ??? 5000 dollar buys more than 60 000 in Australia or U.S.A. , here one loaf of bread cost you 5.00 . Globalization is killing western world , west is dying , east is rising , time to stop globalization or people in Western World can start looking for place under the bridge for night and find garbage bin for food

We are being greedy. You just want fewer country live the higher standard of living. The rest of the world living in slums and poor. This is why God punish the rich country. We are been selfies and does not care about the rest of the world living slums.

This is why foreign man want to live third world country. Most woman want married foreign from western. The majority think we are rich. These woman want to escape poverty. Living the third world country you have no hope since the rich doesn't care about their people.

The faster economy in the world is India? Why people still live slums?

We are living global economy now. The Third world country are sick of tired being poor living the slums. They can't no longer take anymore while the rich country living highest standard of living in the world.