Is Asia the next America?? Mactheory - August 28th 2009
August 28th 2009
(Happy 6 month anniversary to Stephanie my gorgeous girlfriend 
Today in the news
Deficit, doubling debt causes division
http://afr.com/home/login.aspx?EDP://20090827000031493061§ion=news
The US faces exploding deficits and a doubling of the national debt during the next decade
ON AGAIN/OFF AGAIN??
Office of Management and Budget (OMB) forcasts unemployment at over 10%
(Is higher due to those who have stopped looking for work)
Debt will rise another 9 trillion in 10 years
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Bernanke faces More Hard Yards
http://www.forexyard.com/en/reuters_inner.tpl?action=2009-08-25T201558Z_01_LP233065_RTRIDST_0_OBAMA-BERNANKE-UPDATE-6-PIX
Lending hundreds of billions of dollars to banks and businesses, slashing overnight rates to nearly zero, having the fed almost singlehandedly finance the mortgage market will have to be reversed in the coming years
1.Shifts too quickly = RISKS ABORTING RECOVERY
2.Shifts too slowly = RISKS INFLATION like the 1970s
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Heinekin brews up profit
http://money.canoe.ca/News/Other/2009/08/26/10615051-ap.html?cid=rssmoneynews
-Dutch brewer heinekin Reported a 20% increase in the first half ($498 million euro, up from 407 million euro.
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Email of the week
Ash
Is the fall of the USA real, or something hyped up by Anti-American broadcasters
Simon
Is Asia the new America?
*Westfields is exceeding performance in Australia, yet its lost 6.2% in America
http://tinyurl.com/nk49tm
*Mongolia is set to make a huge profit after changing its mining laws in a Rio Tinto deal. This would become one of the largest mines in the world.
http://tinyurl.com/lrxxah
*Las Vegas Casinos are losing money and some have been shut down this year. Casinos in Asia have experienced growth in the last 6 months
http://tinyurl.com/n5dexc
*Chinese/Australian dollars are stronger than the US dollar
http://tinyurl.com/knj7nf
Australia1.20768 dollars
Japan93.5784 Yen
China6.83519 China Yuan Renminbi
*North Korea has the worlds largest Army, and the US cant afford its international bases
http://www.guardian.co.uk/world/2009/aug/06/north-korea-kim-jong-il
*American GDP (Import and export) is dropping (US output fell 3.8 percent at the end of 2008, but exports slid at a 20 percent rate.) http://www.csmonitor.com/2009/0202/p02s01-usec.html
http://tinyurl.com/mwh2p9
*In 2008 Australasian’s share had grown to 29.4%, and to be estimated as 30.0% in 2009.
Is it all over for the US???
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Finally Im going to put up a blog on what companies to invest, so check out
http://mactheory.wordpress.com for that.
Any questions email me at mactheory@gmail.com
Thankyou
see you all in 2 weeks!!!
ASH
*****
Duration : 0:11:0
A 4 minute 27 second fast moving update on the 
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