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 Japanese Rising Sun Flag 3x5 90x150cm 3x5 100 Polyester Japan Banner Kamikaze $4.00 Time Remaining: 16d 13h 31m Buy It Now for only: $4.00 |
 VINTAGE 16 X 19 SILK JAPANESE FLAG $18.00 (1 Bid) Time Remaining: 3d 10h 18m |
 NEW 3ftx5 JAPAN JAPANESE COUNTRY BANNER FLAG FLAGS $5.75 Time Remaining: 2d 16h 5m Buy It Now for only: $5.75 |
 NEW 3ftx5 JAPAN RISING SUN JAPANESE COUNTRY BANNER FLAG $5.55 Time Remaining: 2d 18h 37m Buy It Now for only: $5.55 |
 NEW 3ftx5 JAPAN RISING SUN JAPANESE STORE BANNER FLAG $4.95 Time Remaining: 23d 11h 12m Buy It Now for only: $4.95 |
 Japanese Flag 3x5 90x150cm 3x5 100 Polyester Japan Nippon koku Banner $4.00 Time Remaining: 16d 13h 31m Buy It Now for only: $4.00 |
 NEW BIG 2ftx3 JAPAN RISING SUN JAPANESE STORE BANNER FLAG $5.95 Time Remaining: 16d 13h 25m Buy It Now for only: $5.95 |
 Japanese Rising Sun Flag 3x5 90x150cm 3x5 100 Polyester Imperial Japan Banner $4.00 Time Remaining: 16d 13h 31m Buy It Now for only: $4.00 |
 NEW 3ftx5 JAPAN RISING SUN JAPANESE COUNTRY BANNER FLAG au $0.99 Time Remaining: 14h 58m |
 NEW BIG 2ftx3 JAPAN JAPANESE COUNTRY BANNER FLAG FLAGS $5.45 Time Remaining: 1d 16h 58m Buy It Now for only: $5.45 |
 Imperial Japan Flag Japanese Emperor Standard Banner 3x5 Indoor Outdoor New $6.77 Time Remaining: 26d 8h 3m Buy It Now for only: $6.77 |
 JAPANESE WWII IMPERIAL FLAG DECAL STICKER $2.15 Time Remaining: 6d 2h 16m Buy It Now for only: $2.15 |
 Japan FLAG National Country BANNER Japan Flags 3X5 $10.99 Time Remaining: 29d 17h 30m Buy It Now for only: $10.99 |
 LARGE JAPAN JAPANESE RISING SUN NATIONAL FLAG NISSHOKI HINOMARU 5 X 3FT NEW $4.41 Time Remaining: 21h 33m Buy It Now for only: $4.41 |
 Japanese Flag 1x15 30x45cm 12x18 100 Polyester Japan Nippon koku Banner $3.00 Time Remaining: 26d 13h 30m Buy It Now for only: $3.00 |
 3x5 JAPAN RISING SUN NAVAL FLAG WWII IMPERIAL NEW 3X5 $6.73 Time Remaining: 27d 15h 2m Buy It Now for only: $6.73 |
 JAPAN JAPANESE 3ft X 5ft FLAG $0.01 Time Remaining: 4d 19h 23m Buy It Now for only: $4.98 |
 Japanese Rising Sun Flag 2x3 60x90cm 2x3 100 Polyester Imperial Japan Banner $5.00 Time Remaining: 16d 13h 3m Buy It Now for only: $5.00 |
 Japanese Flag 2x3 60x90cm 2x3 100 Polyester Japan Nippon koku Banner $5.00 Time Remaining: 16d 13h 2m Buy It Now for only: $5.00 |
 3x5 IMPERIAL JAPAN FLAG WWII JAPANESE BANNER NEW 3X5 $6.78 Time Remaining: 28d 14h 59m Buy It Now for only: $6.78 |
 Imperial Japanese Flag with Grommets 3ft x 5ft $15.50 Time Remaining: 23d 13h 25m Buy It Now for only: $15.50 |
 3x5 JAPAN FLAG OUTDOOR INDOOR BANNER HUGE NEW 3X5 $6.78 Time Remaining: 20d 10h 21m Buy It Now for only: $6.78 |
 JAPAN JAPANESE Flag 3x5 3 x 5 foot BRAND NEW $9.99 Time Remaining: 14d 9h 16m Buy It Now for only: $9.99 |
 JAPAN POLYESTER INTERNATIONAL COUNTRY FLAG 3 X 5 FEET $7.49 Time Remaining: 18d 13h 14m Buy It Now for only: $7.49 |
 JAPAN Emperor Standard EMBLEM FLAG 1926 vintage original Silk Embroidered patch $7.50 Time Remaining: 14h 33m Buy It Now for only: $9.50 |
 Japan Flag 3 x 5 feet Super Polyester 90x150 cm New $6.90 Time Remaining: 5d 7h 28m Buy It Now for only: $6.90 |
 GERMANY FLAG EMBROIDERED IRON ON PATCH NEW PF5 $3.25 Time Remaining: 4d 18h 31m Buy It Now for only: $3.25 |
 LARGE 4 X 6 ANNIN JAPAN FLAG 194310 Made in USA 100 NYLON Japanese $9.95 Time Remaining: 4d 6h 29m Buy It Now for only: $9.95 |
 JAPAN National Flag Pin and Patch Embroidery $4.00 Time Remaining: 3d 12h 35m Buy It Now for only: $4.00 |
 NEW 3ftx5 JAPAN JAPANESE STORE BANNER FLAG FLAGS $4.95 Time Remaining: 14h 17m Buy It Now for only: $4.95 |
 NEW BIG 2ftx3 JAPAN JAPANESE STORE BANNER FLAG FLAGS $5.95 Time Remaining: 16d 13h 30m Buy It Now for only: $5.95 |
 LARGE QUALITY FLAG OF YUGOSLAVIA SUN FLIGHT TOUR NEWS $4.50 Time Remaining: 1d 6h 42m Buy It Now for only: $6.30 |
 Japan Rising Sun Flag Japanese War Banner Ensign Imperial Pennant New 3x5 Foot $6.72 Time Remaining: 26d 6h 3m Buy It Now for only: $6.72 |
 Japanese Rising Sun Flag 2x3 WW2 Military World war Two Nippon Imperial Army bn $4.57 Time Remaining: 12d 21h 30m Buy It Now for only: $4.57 |
 NIPPON JAPAN FLAG WWII EMBROIDERED IRON ON PATCH New $3.25 Time Remaining: 15h 42m Buy It Now for only: $3.25 |
 JAPAN FLAG Japanese Flags Asia Asian Nippon Karate $9.46 Time Remaining: 11d 19h 52m Buy It Now for only: $9.46 |
 Japan Japanese Ensign 3x5 New Flag Buy It Now $9.99 Time Remaining: 4d 1h 15m Buy It Now for only: $9.99 |
 Japanese Rising Sun Flag 2x3 60x90cm 2x3 100 Polyester Japan Banner Kamikaze $5.00 Time Remaining: 16d 13h 3m Buy It Now for only: $5.00 |
 JAPAN TABLE FLAG Black Trim Japanese Desk Top Flags Asia Asian $7.82 Time Remaining: 13d 20h 55m Buy It Now for only: $7.82 |
 JAPAN FLAG HINOMARU RISING RED SUN NIPPON SOLID COPPER DOG TAG PENDANT NECKLACE $3.95 Time Remaining: 4d 14h 29m Buy It Now for only: $7.95 |
 3 x 2 JAPAN FLAG Japanese Flags Asia Asian $7.88 Time Remaining: 12d 2h 34m Buy It Now for only: $7.88 |
 3 x 2 Japan Flag Japanese National Flags Asia Asian Country $6.24 Time Remaining: 29d 23h 10m Buy It Now for only: $6.24 |
 Japan Japanese Imperial 3x5 New Flag Buy It Now $9.99 Time Remaining: 4d 1h 16m Buy It Now for only: $9.99 |
 NEW 3X5 JAPAN FLAG JAPANESE COUNTRY FLAGS MEATBALL $5.79 Time Remaining: 10h 40m Buy It Now for only: $5.79 |
 Japanese Rising Sun Flag 1x15 30x45cm 12x18 100 Polyester Imperial Japan $3.00 Time Remaining: 26d 13h 35m Buy It Now for only: $3.00 |
 Japan Naval Ensign Table Desk Flag $7.11 Time Remaining: 12d 3h 40m Buy It Now for only: $7.11 |
 Japan Large Country Flag 3 x 2 $6.16 Time Remaining: 10d 8h 13m Buy It Now for only: $6.16 |
 Large Japan Rising Sun flag with toggle eye fitting 90x190cm $15.78 Time Remaining: 6d 5h 55m |
 Brand New 3x5 36 x 60 Polyester Japan Flag With Free Shipping $6.99 Time Remaining: 11d 11h 10m Buy It Now for only: $6.99 |
 Japan Flag Embossed Car Aluminum License Plate New $8.90 Time Remaining: 22d 8h 25m Buy It Now for only: $8.90 |
 JAPAN FLAG POLYESTER PARTY BUNTING Japanese 9m 30 Flags $22.10 Time Remaining: 25d 3h 49m Buy It Now for only: $22.10 |
 JAPAN FLAG KEYRING $3.22 Time Remaining: 25d 32m Buy It Now for only: $3.22 |
 JAPAN FLAG GOLD PLATED LAPEL PIN $4.50 Time Remaining: 4d 5h 17m Buy It Now for only: $4.50 |
 Japan Flag Personalized Car Auto Metal License Plate $9.90 Time Remaining: 22d 22h 35m Buy It Now for only: $9.90 |
 LARGE QUALITY FLAG OF JAPAN JAPANESE RISING SUN FLIGHT $4.50 Time Remaining: 5d 5h 55m Buy It Now for only: $6.30 |
 JAPAN JAPANESE VINYL FLAG DECAL STICKER $2.15 Time Remaining: 18d 5h 10m Buy It Now for only: $2.15 |
 INDIANA US FLAG EMBROIDERED IRON ON PATCH NEW PF16 $3.25 Time Remaining: 4d 18h 34m Buy It Now for only: $3.25 |
 Brand New 3x5 36 x 60 Polyester Japan Battle Flag With Free Shipping $6.99 Time Remaining: 11d 11h 11m Buy It Now for only: $6.99 |
 9 Metres 30 Flag Japan Japanese Material Bunting Street Party Decorations $18.94 Time Remaining: 4d 7h 46m Buy It Now for only: $18.94 |
 Japan Flag 5 x 3 Japanese Nippon Asia Asian Flags $5.20 Time Remaining: 14d 23h 32m Buy It Now for only: $5.20 |
 Japan Flag 3x5 feet Japanese banner sign new $7.99 Time Remaining: 11d 2h 2m Buy It Now for only: $7.99 |
 JAPAN ROUND FLAG PATCH FLG06 $7.99 Time Remaining: 25d 2h 31m Buy It Now for only: $7.99 |
 JAPAN FLAG HINOMARU RED SUN CIRCLE NIPPON PENDANT DOG TAG BALL CHAIN NECKLACE $5.95 Time Remaining: 6d 14h 49m Buy It Now for only: $7.95 |
 Japanese Flag vinyl decal Japan Car Bumper Sticker $3.50 Time Remaining: 2d 3h 50m Buy It Now for only: $3.50 |
 JAPAN MINI BANNER FLAG $3.75 Time Remaining: 3d 23h 44m Buy It Now for only: $3.75 |
 JAPAN MINI BANNER FLAG BLACK LETTERING $3.75 Time Remaining: 3d 23h 45m Buy It Now for only: $3.75 |
 3 x 2 Japan Naval Flag Rising Sun Racing Honda Asia $4.25 Time Remaining: 14d 1h 51m Buy It Now for only: $4.25 |
 Japan Country FlagLarge 5x3 Asia $6.24 Time Remaining: 27d 19h 35m Buy It Now for only: $6.24 |
 WWII Flag Japanese flag Navy Army flag Japan flag $4.59 Time Remaining: 3d 23h 15m Buy It Now for only: $4.59 |
 Japan Nippon 4x6 Flag on a Pole NEW $3.00 Time Remaining: 21d 13h 7m Buy It Now for only: $3.00 |
 Brand New 3x5 36 x 60 Polyester Japan Flag $2.99 Time Remaining: 2d 12h |
 JAPAN FLAG BRASS GOLD PLATED BOX MONEY CLIP $7.00 Time Remaining: 4d 5h 17m Buy It Now for only: $7.00 |
 JAPAN FLAG Japanese Soccer South Africa World Cup 2010 $9.46 Time Remaining: 1d 20h 13m Buy It Now for only: $9.46 |
 3X5 JAPAN FLAG JAPANESE COUNTRY BANNER NEW ASIA F492 $4.99 Time Remaining: 23d 6h 28m Buy It Now for only: $4.99 |
 Japan Flag with Grommets 3ft x 5ft $15.50 Time Remaining: 23d 13h 20m Buy It Now for only: $15.50 |
 Vintage 1976 American Flag Hat Ceramic Planter Japan $19.99 Time Remaining: 9d 5h 7m Buy It Now for only: $19.99 |
 JAPANESE FLAG OF JAPAN RISING SUN 3 X 5 BATTLE FLAG b $14.99 Time Remaining: 2d 7h 17m Buy It Now for only: $14.99 |
 JAPANESE JAPAN National Flag Emblem Rising Sun 1905 original vintage card $1.95 Time Remaining: 14h 39m Buy It Now for only: $3.95 |
 3X5 JAPAN BATTLE IMPERIAL NAVY In Outdoor FLAG Flags $13.99 Time Remaining: 16d 9h 47m Buy It Now for only: $13.99 |
 JAPAN Country Flag Patch Shield Style Japanese $4.24 Time Remaining: 9d 8h 53m Buy It Now for only: $4.24 |
 3x5 Polyester Pirate Flag Skull Crossbones NEW $6.50 Time Remaining: 6d 17h 13m Buy It Now for only: $6.50 |
 Japan Rising Sun Flag with Grommets 3ft x 5ft $9.70 Time Remaining: 23d 13h 20m Buy It Now for only: $9.70 |
 Japan Country Flag Bunting 9 metre $18.94 Time Remaining: 23d 5h 49m Buy It Now for only: $18.94 |
 Japan Nippon Flag Solid Brass Key Chain NEW $7.50 Time Remaining: 22d 13h 37m Buy It Now for only: $7.50 |
 CLASSIC LARGE JAPANESE DRAGON 3X5 FOOT POLY FLAG $7.99 Time Remaining: 2d 10h 2m Buy It Now for only: $7.99 |
 JAPAN FLAG HINOMARU RISING SUN NIPPON JAPANESE PENDANT DOG TAG CHAIN NECKLACE $5.95 Time Remaining: 6d 14h 29m Buy It Now for only: $7.95 |
 KAMIKAZE Country Flag Patch Shield Style Japanese $4.24 Time Remaining: 9d 8h 53m Buy It Now for only: $4.24 |
 JAPAN National Flag decal heavy duty vinyl $3.28 Time Remaining: 11d 1h 52m Buy It Now for only: $3.28 |
 PI P0487 Japan Japanese Flag 18KGP 9mm ITALIAN CHARM $6.00 Time Remaining: 26d 9h 7m Buy It Now for only: $6.00 |
 Japan flag polyester medium duty 3 foot X 5 foot 2 grommet holes $8.00 Time Remaining: 28d 9h 59m Buy It Now for only: $8.00 |
 Japan Imperial flag polyester medium duty 3 foot X 5 foot 2 grommet holes $8.00 Time Remaining: 28d 10h Buy It Now for only: $8.00 |
 JAPAN Country Flag Patch Japanese $4.24 Time Remaining: 9d 8h 45m Buy It Now for only: $4.24 |
 KAMIKAZE Country Flag Patch Japan WW2 $4.24 Time Remaining: 9d 8h 45m Buy It Now for only: $4.24 |
 LARGE QUALITY FLAG OF SLOVENIA SUN FLIGHT TOUR NEWS NEW $4.50 Time Remaining: 6d 12h 41m Buy It Now for only: $6.30 |
 3x4 Japan Sticker Japan Flag Decal $2.00 Time Remaining: 17d 10h 19m Buy It Now for only: $2.00 |
 Japan Country Flag Embroidered Patch Badge NEW 11460 $2.50 Time Remaining: 17d 14h 39m Buy It Now for only: $2.50 |
 JAPAN COUNTRY FLAG SMALL LICENSE PLATE STICKER NEW $3.99 Time Remaining: 2d 9h 5m Buy It Now for only: $3.99 |
 Soviet plastic pin with JAPAN Japanese flag $2.80 Time Remaining: 26d 7h 54m Buy It Now for only: $2.80 |
 JAPANESE RISING SUN FLAG FL049 flags banners japan $4.74 Time Remaining: 18d 9h 56m Buy It Now for only: $4.74 |
 NEW JAPAN FLAG 3 X 5 SUPER POLYESTER CANVAS HEADER BRASS GROMMETS $9.00 Time Remaining: 4d 10h 34m Buy It Now for only: $9.00 |
Global Economies: Why the Slowing's a Red Flag
The world economies are slowing. Japan's credit rating was just downgraded to Aa3 from Aa2 by Moody's due to slow growth and credit issues.
My global economic analysis is that problems are brewing globally and there is a real possibility that the stalling will impact global growth and perhaps lead to another recession.
In Europe, Greece is in a major sinkhole and expects its recession to worsen. Heck, after two bouts of emergency funds, Greece may have to ask for more money down the road. This cannot be good for Europe. The situation in Europe continues to focus on the debt and growth, along with the funding. And until it settles down in Europe, markets will likely continue to be shaky on this side of the Atlantic.
The concern towards Germany's sluggish growth is conjuring up fears of another potential recession if the top country cannot reverse its growth. France is also slowing. There are also concerns that the major European banks with exposure to bad debts within the weaker European countries will be in trouble, which could trigger a financial crisis.
Several moves to cut global gross domestic product (GDP) are a red flag.
Morgan Stanley cut its global GDP forecast for 2011 and 2012 and added that the U.S. and the Eurozone were "dangerously close to a recession." Not exactly an endorsement.
On Thursday, UBS and Citigroup cut the forecast for global and domestic GDP growth, but added that another recession was unlikely. Are they sure?
Citigroup cut its global GDP forecast to 3.1% for this year from 3.4% and to 3.2% in 2012 from 3.7%. For the advanced economies, GDP was cut to a miniscule 1.4% in 2011 from 1.8% and down to 1.7% in 2012 from 2.2%.
Over in China, the Chinese economy is facing higher interest rates and inflation.
UBS cut China's GDP to nine percent this year from the previous 9.3% and to 8.3% in 2012 from nine percent. While the cuts are not major, they do indicate stalling in the massive Chinese economic engine. This is something that we do not want to see, as weakness in China will impact Chinese exports. Slowing also indicates less foreign demand for Chinese goods, suggesting slowing global demand.
The impact from the slowing in foreign markets will impact growth domestically and this is not good given that America is still trying to dig itself out of the credit and deficit mess.
The reality is that the next several years will not be easy and will be littered with more obstacles. And if the U.S. cannot manage its debt, the global situation will worsen.
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