UH-OH: CHINA'S ECONOMY SLOWING DOWN...

China’s economy slowed further in the fourth quarter of 2011, the government reported, lowering the growth in gross domestic product for the year to 9.2 percent, from 10.4 percent in 2010. 

The gross domestic product grew at an annual rate of 8.9 percent in the last three months of the year, down from 9.1 percent in the third quarter of last year. It was the slowest pace since the second quarter of 2009, when the rate was 7.9 percent.

THE SLOW-MOTION CRASH OF EUROPE AND THE BALL & JACK OBAMA HAS PUT ON THE US ECONOMY ARE SLOWING DOWN CHINA - AND WILL PROBABLY CAUSE THE CHINESE BUBBLE TO BURST.

IF THIS PLAYS OUT AS I EXPECT IT TO, THEN ALL THREE LEGS ON THE GLOBAL ECONOMY WILL HAVE FAILED.

THIS WILL BE A HORRIBLE GLOBAL ECONOMIC DISASTER. WITH ONE CONSOLATION: AMERICANS WON'T REELECT OBAMA. UNLESS HE ATTACKS IRAN.

STAY TUNED...