Article Review #2: David Stockman's Contra Corner

Overall, I didn't mind reading this article. In comparison to the first article review, this article was much easier to read and follow along with the comparisons and effects in the economy. In its totality, the article is discussing the effects of the bull and how the overall economy is heading for destruction. The two specific economies mentioned in the review were the Chinese and Brazilian economies. The Chinese economy was desperate to increase trade for their reds, or their currency. With the eagerness and pressure of increasing trade, a new conflict arose for the Chinese. According to recent news in the economic world, a new and huge steel-making company is staring in the Chinese nation. This steel corporation would be the biggest (by a lot) in the west hemisphere. Looking at the Brazilian economy, the Brazilians have a different problem on their hands. During the previous seven years, the sales of Brazilians have decreased, causing a surplus and inefficiency to produce buyers for their trade. All of these small things start to add up in the end and that is why there are financial bubbles all over the place. At first, the bubbles started with the fall of the commodities market. According to the article, the bubbles are all over the place and ready to explode!! I must admit, the article is extremely pessimistic and it makes me scared to enter the world and have to pay the broken plates of society. First it was paying the effect of the baby boomers and now it's this big mess. I like the article but the only thing that I need further explanation are for the abbreviations and the titles of trends.