The world is slowing

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hello Tuesday dudes are this is another slide share and opening page on slide share is the link to over the peak where the slide share will be featured if you want to comment or what ever follow what’s happening on over the peak right earlier and do a video put a video of this up on over the peak as well so they don’t get to forget what my lovely face looks like right that starting China HSBC’s China manufacturing PMI and it’s really very clear if you look at it what’s come to pass here are you got the great sticking down bit which is obviously the great recession but they put and lots and lots of Chinese money in there and got some sort of a recovery in look like there was going to be a double dip but a recovered from that with more money and ever since then and that being are since the end of 2010 it’s been diving and dine undying and it’s been consistently down for well over a year now underneath the 50 line which always PMI is means contracting so China’s been contracting for over a year contracting as in getting smaller for over a year and has lots in PMI and that London look bad in deflationary bad as in prices paid am coming in and going out or all going down the world is slowing down right let’s move onto the proof of that by Sue is Canal traffic Suez Canal traffic hasn’t even got that double dipping even see this chart going back to 1998 as got the great recession obviously sticking down in the right place but there was no sign of the double-dip that was attempted in 2000 1011 it just went up but ever since its recovery it’s been on its way down and that seems to be more representative of how the external world has gone so you got total world exports are now as well doing the same thing and both of those have gone contractionary below zero it’s not as though it’s a great anything it’s not a great and another recession it’s just that this is slipping into a world small recession for the moment but if the world slips into a small recession it’s obviously got the ability and the likelihood to get worse unless those great powers that be do something about it right that go to Europe are now retail PMI and you’ve got Eurozone retail PMI in blue left scale and consumer spending are the gold colour on the right scale but it’s more for Eurozone PMI that we’re looking here and the shape is the same again a great recession is shoved right over to the left of it but it’s sticking down in the right place it goes up and then since 2011 it’s been coming down and down what we’re looking for is demand coming from Europe and the United States this is where Asia want their demand to come from because we’ve got the big bucks to pay for their staff and we are not doing it US is just about holding onto a minimum level of consumerism at Europe is slipping backwards and the joint amount of that US and Europe and the rest of the world buying Asian stuff is getting negative so obviously Asia goes negative because they are the exporters and wireless Europe not kicking it because among other things this horror chart which is a youth unemployment going back to 1990 it along the bottom the pinky mucky pinky one is Germany and they have done the German things as in nothing much just efficient youth unemployment at about 7 to 8 and it had a bad moment in the middle of the Euro crisis in in sorry the euro and those two dotted lines are euro introduction up to the Liman collapse in the middle of the riders about 2004 five and Jimmy was going through a sticky period and you can see its youth unemployment went up but it was these reforms that they have put in that they sent down proud of that they will now want every body else to the got their youth unemployment back to almost where it came from and is down under 10% where you can see over on the far right Greece and Spain are over 50% is a bad grouping of Portugal Ireland and is one more that Italy over 30% and then you’ve got France and the UK with the Eurozone average over 20% very bad youth unemployment in Europe but if you look over far left it was never that clever anyway write this smashing Paul Harris poll for the financial Times which I think quite instructive of how the countries of Europe are feeling about Greece and the whole euro escapade right table 1 is as it currently stands do you believe that Greece should remain a member of the Eurozone right Great Britain not sure bordering on the don’t care France undecided there yes no not sure I’d just about the same number around that in the 30s Italy are sure they say yes as it currently stands I do believe that Greece should remain as a member of the euro so Italy says yes Spain says yes and Germany overwhelmingly says nine Cave got that over on the right Germany 27 yes twice as many 54 no Greece should not remain a member of the Eurozone are picked out a couple more here follow the link obviously and you can read more yourself some argue that other Eurozone members should do more now that the big word should do more to help Greece remain in the Eurozone to what extent do you agree or disagree with this you so to do more to help Greece Great Britain says neither agree nor disagree don’t care not our money sod off France says a disagree that shouldn’t do more to what you’re doing but don’t do more Italy and Spain says yes they do a great more should be done says Italy and Spain or the Italians and the Spanish replied that more should be done not surprisingly Germany replied that they just agree no more should be done overwhelmingly next one confident in Europe’s and Greece’s ability to overcome the debt crisis how confident are you a football that Greece will ever repay its bailout loans that even Great Britain the Brits can even answer that one and say you must be joking as Great Britain says not at all confident France even comes in and says not at all confident but Italy and Spain says at least somewhat confident overwhelmingly 77% 57% the biggest numbers are that the Italians and Spanish think it is at least somewhat they are it’s the somewhat confident the Greece will ever repay its bailout loans and naturally Germany are not at all confident that the Greeks will repay their bailout loans is the last one This is the last one impact of austerity measures rights of this is moored general impact of posterity measures what impact do you believe austerity measures have on solving the debt crisis in Europe if any soap austerity measures what impact do you believe they have on solving the debt crisis so it’s quite a specific question but the answer is the same right across the board negative impact Great Britain negative impact France biggest numbers negative impact Italy negative impacts a negative impact even in Germany they say that the austerity measures have a negative impact on solving the European debt crisis overwhelming right at the end of economic thing and leave you with one more link daily Maverick you’ve heard of the killing of the strikers in South Africa this article it’s long and detailed and you will find out armed that a dozen were murdered on film so the world has seen those in newsreels to dozen were murdered off Phil and this report shows how they were herded up and cold blooded leak murdered if you want the details the link is there to read and that is ill all for today thanks for being there by