Plus, Out-Earning Most Doctors And Lawyers (In THIS Market) Is EASY... As Long As You Model How Tiger Woods "Would DO It!".

Today's comment is part of a special series on currency trading by John Ross Crooks, III

If you want to know how far this recession has stretched, look no further than China.

Up through this year's Olympics, China seemed to be well on her way to becoming the next global economic kingpin. And with good reason.

China has had the fastest growing economy in the world for decades. The Chinese government has amassed trillions in reserves, while building up a trade surplus just last year of US$262.2 billion.

But lately, China's fundamentals have been breaking down, one by one, like massive dominoes...

• Manufacturing in China just shrank by its largest margin EVER.
  
• China's GDP growth for next year is projected to be around 7.5% - that's down from an 11.5% pace not long ago.
  
• China recently adopted its own US$586 billion stimulus plan to try to jumpstart growth. (Notice: That's more than twice China's trade surplus of last year - it's also nearly as much as the U.S. plans to spend on its US$700 Billion TARP bailout plan.)
  
• Housing prices are dropping in Shanghai, Shenzhen and Guangzhou.
  
• The central bank just slashed rates by the most in 11 years.

These dominoes are knocking down more than just China's economy...

In fact, trouble in China spells disaster for the rest of the global economy. Specifically, a slowing Chinese economy is a dangerous situation for the United States, its surrounding Asian neighbors, over-exposed and over-indebted developed economies.

Global Manufacturing Clearinghouse Hits the Skids

You can trace all China's problems back to their now broken export model. For years, China has played the middleman between Asia and the United States.

Their low-cost, cheap-labor production model dictated that they grab input products and other raw materials from nearby developing nations.

The Chinese then used those low-cost resources to build their goods and ship them off to the U.S. and other developed nations. China's Asian neighbors depended on China to continue this cycle to fuel their own export-driven economies.

As a result of receding liquidity, U.S. consumers (and others) have a shrinking appetite for cheap goods, so they spend even less.

So, China is now losing its best customer, the U.S., thanks to the recession. It is also selling less to other developed nations of the world. This hurts all the emerging Asian economies that depend on China to buy their inputs. It's a vicious cycle.

Emerging Market Currencies Will Be Hit the Hardest

In short, global capital flow has stopped dead in its tracks. And global demand is drying up. So it's easy to see why emerging economies' stocks and their currencies are being hit the hardest.

This is the worst possible environment for emerging economies because they depend on sustained global demand, more so than internal demand. When global capital flows dry up, these emerging economies struggle to make ends meet.

And any developed nations (and their currencies) that have exposure to these struggling emerging markets will ALSO suffer.

This includes several key European countries whose banks are over-exposed on loans to emerging markets and suffocating on massive liabilities. And this includes the euro and pound.

Just as China was vital to the boom, it is critical to the bust. And when that happens, a few currency investors who saw this coming will be in the best position to profit off this global realignment.

But there is no "One-Market" solution to play China's bust!

Can you imagine if Tiger Woods had to hit every shot with the SAME club?

How well do you think he'd do if he had to "drive" with his putter?

Had to "pitch" with his driver?

And "putt" with his wedge?

The obvious answer is... BETTER than most - but the serious answer is not very well.

And you and I both know... investing is no different.

In order to capitalize on the different (and most profitable) trends you need to play different markets ...different markets require different research and advice...and BIG profits (no matter which market) require precisely the right information at exactly the right moment.

In short, you NEED the right tools, the right club, and if you're an investor...the right information.

The problem is...money doesn't grow on trees.

And when you start adding up the different research services needed to capitalize on each currency market...$1,500 for spot...$2,500 for options...$2,500 for exotics...and so on...it's easy to spend well over $10,000 a year assuming you're not buying your research from Wal-Mart.

And friend, you know this is one place where you can't afford to skimp - because you get what you pay for - and the ‘quality' of the advice you receive (in this market) is the only thing separating the sheep from the wolves.

You see, when you have the right tools, the right advice, at precisely the right moment... you‘ll never again have to ‘pigeon-hole' yourself into a SINGLE currency market or force trades that don't exist.

That's the key to success - ask any pro-trader and they will tell you the same.

And because I want you to be able to "cherry pick" the best trends...and play the best markets (at any given time) - regardless of whether you can afford $10,000 a year for three or four of the top research services...

I've put together a TOTAL SOLUTION...that will enable you to out-earn most doctors and lawyers while having fun just 10 minutes each week.

No special talent or skills required - just a desire to earn a couple extra thousand each month (in passive income) that is 100% uncorrelated to the stock market.

It's incredible - and if you take advantage of my offer to help by December 6th, 2008 - I want to give you a "fast action" savings bonus of $500.00.

May your holidays be profitable,

John Ross Crooks III

P.S. This is a complete and radical re-engineered opportunity to generate an extra $50,000...$100,000...even $250,000 or more each year (every year) while having fun just a few minutes each week..."cherry picking" the best trends, in the best markets, without worry spending an arm and a leg for your financial research and advice.Must respond by December 6th to receive your "fast action" bonus.