World Bank Forecasts Global Recession ... But Not in China

Tony Sagami

 

The World Bank recently reduced its estimates for economic growth worldwide and in the euro zone, and the numbers are pretty dire, as they indicate the potential of a world recession on par with, or even worse than, the economic climate in 2008 after the collapse of Lehman Brothers.

But China's economy — while not immune to the global financial woes — is expected to hold up pretty well. In fact, it's expected to keep expanding at a spectacular pace for decades. And in today's video, I'll tell you why this matters to you as an investor.

Best wishes,

Tony

P.S. The World Bank's forecast is grim. But I just delivered some great news to my Asia Stock Alert members — that is, to take double-digit gains in three names they've been in for just a matter of weeks. Don't miss out on the next round of profit plays — start your risk-free trial membership today!


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Posted 02-03-2012 1:09 PM by Tony Sagami