Manufacturing activity is contracting across Europe and most of Asia, data showed on Thursday, and a Chinese official declared that the
world economy faces a worse situation than in 2008 when Lehman
Brothers collapsed.
Al Jazeera speaks to Seijiro Takeshita in London, the director of Mizuho International, a London-based securities and investment banking arm of Mizuho financial group.
Slow down Hop Sing. Try decaf.
yourtreat2 3 months ago
@skeletonmom Everybody is too broke to buy anything
Mardasee 3 months ago
@angrymalakas ...worrying to China...yes. Half of "most of the stuff" they make we dont need. Lots of useless crap out there in Shoppingland. Starting to see things made in the US...its slow, but starting to happen. Hope we can bring back stuff people need to be made in this country. People will always buy necessity items.
skeletonmom 3 months ago
@skeletonmom they dont just make the cheap stuff. they make most of the stuff. people just buy less. thats all. and its worrying.
angrymalakas 3 months ago
Cooling off of Chinese exports...people not buying cheap "Made In China" crap?
skeletonmom 3 months ago
Chinese banks reducing their buffer zone under 10%. This shows the strain on all economies now. Very worrying.
stiglaa 3 months ago