Posted by Tobby > 2022-07-04 04:28 | Report Abuse

Decades ago, when US goes into recession, the whole world will be affected too!
But this round, it may not be the same!
The US dollar decoupling is beginning to take root! China would insist their trading partners to use Yuan! China is buying russian oil paying in ruble! In return, China exports it's good to Russia! Bypassing US dollar trades!
As US and EU are in geopolitical mess, Asia are moving away from this western instability!

Posted by Tobby > 2022-07-04 04:29 | Report Abuse

We are witnessing a weird New World Order where US dollar decoupling for the last few months!

Posted by Tobby > 2022-07-04 04:31 | Report Abuse

If China play it safe, not messing with geopolitical tension, then China actually in perfect position to replace US as No.1 superpower without firing a single shot!

Posted by Tobby > 2022-07-04 04:33 | Report Abuse

Let's see how things are playing! The latest NATO rhetoric is a path for EU decline! The cold war playing out in EU will be back for the whitemen supremacy in Old World Order!

Posted by Sslee > 2022-07-04 07:53 | Report Abuse

Without Russia cheap oil and gas EU is doom.
As of US, US is very happy to sell EU their expensive oil and gas.
As of Malaysia subsidize petrol and give away free money will put our nation in "debt trap"

Posted by Zhuge_Liang > 2022-07-04 11:34 | Report Abuse

The next bull markets will be Shanghai and Hang Seng stock markets.
The US will be down all the way until at least September to October 2022.

Posted by momo33 > 2022-07-04 11:48 | Report Abuse

many Asian countries will up interest rate ...so can thrive ? i see more companies going bust .

Posted by ahbah > 2022-07-04 11:55 | Report Abuse

Can our mkt KLCI, which is in Asia, thrive ? Can our RM also thrive ?

I oredi kena teruk, crying all day long as a small kampong kid !

Posted by Tobby > 2022-07-04 17:37 | Report Abuse

Ahbah! Better stay 100% cash! However i think Asia should weather US and EU recession much better!
US and EU leaders created current economic exploding! Asia can avoid this self inflicted recession!
As for Malaysia, i think only certain industry will thrive! Steel exports should be one of them! As Vietnam and Indonesia go full monty with infra development!

Posted by ahbah > 2022-07-04 17:52 | Report Abuse

Thanks.

Posted by emsvsi > 2022-07-04 18:09 | Report Abuse

TOBBY TOLD YOU CHINA WILL CARRY THE WORLD'S ECONOMY

Posted by emsvsi > 2022-07-04 18:09 | Report Abuse

THIS RECESSION WILL PROVE IT BEYOND REASONABLE DOUBT !