reputable financial analyst James Cheynos, famous for the fact that first felt the collapse of Enron, says that this year will burst State superbubble in China because the authorities of this country deliberately manipulate economic data, wrote today, the German Die Welt, adding that the alarming projections also come from other experts.

Now the whole world is watching the growth of Chinese economy, seeing it as a way out of crisis, but not Cheynos. He said that the Chinese economy, giperinvestirovannaya through loans with its overheated real estate market, reminds him of Dubai - "only a thousand times worse."

author Daniel Eckert, trying to assess the realism of the predictions, said that amid the financial crisis has hfc8ad time to disgrace by many experts. However, some predictions, at first seemed absurd in the end disappointed.

no less shocking assertion seems strategist Soci #233; t #233; G #233; n #233; rale Albert Edwards. The current short-term economic growth, says Edwards. If he is right, then in 2010 we will have a new recession. More than just a touch of oil and other raw materials, quotations which fall into the abyss. At the same time, he believes, a panicky reaction to the unprecedented height would raise the dollar, and the second phase of the financial crisis will provoke tension between the economic blocs, which will be the economic consequence of war.

Pessimism also demonstrates David Karsbayl from the Danish Saxo Bank. Deflation win inflation, he argues that pokachnet stock markets, will reduce the yield on government securities and drop the price of gold to 870 dollars per ounce.

Byron VIENNA, veteran Wall Street, believes that the Japanese Nikkei stock index will show the best result among the other stock indices and step over the border in 12 thousand items. As for the euro, the European currency is overvalued and will fall below 1.30 dollars, according VIENNA.