Aggregated Awareness

This story is a bit old. It is from last Wednesday 23rd Feb 2011. However, it is a very significant piece of news, little reported outside of financial news services, such as The Australian Online Business section, which is a joint venture with the Wall Street Journal.

The bigger picture view from this article, is that the current de facto global reserve currency, the US Dollar, is seeing a secular trend away from it's usage in trade. This trend has been ongoing for a few years now starting at the margin, however, it is now gaining momentum. And as such...

From the South China Morning Post (SCMP) & the Fitch rating agency via Zerohedge.com comes a headline that you won't see in the mainstream media. Period.

Whenever the Chinese property bubble bursts, and ALL bubbles eventually do, this will have far reaching ramifications, for all of China's trade partners but especially for Australia...

From Reuters comes a commentary on the effects of the Chinese Labour strikes on various parts of the global economy.

In April & May, we saw suicides by several workers over wages, at FoxConn, manufacturer of the Apple iPhone, Dell & Hewlett-Packard computers amongst other electronics equipment.

This was followed up in late May & June, with strikes at Japanese auto manufacturers in China such as: Honda, Toyota, and Nissan, amongst others.