When those lost jobs make the economic reports, mark my words, the spike in unemployment will make last month’s jump in unemployment to 9.5% look like child’s play.

The big layoffs at major automakers, suppliers and dealers are just the latest sign that the recession is still hitting the U.S. economy at full force.

And it’s only a matter of time before the associated decline in consumer spending drops further along with corporate earnings.

When that happens there is only one thing you can be sure of:

You do not want to be long on U.S. stocks when investors figure out that the recession is far from over…in fact, it’s still just getting started!

As you saw last Friday, the recent run up in the stock market has already hit a brick wall, and with it the fortunes of a number of recovery-driven companies will continue to collapse.

As you’ll see in the government’s July report, the biggest job losses will come in the auto service industry, where experts estimate the loss of 150,000 dealership and service jobs that WILL NEVER COME BACK.

The Shocking Truth About
the Obama Stimulus Plan

The untold story is that Obama’s stimulus plan has crushed the dollar, increased interest rates and triggered another bold new energy run.

The result will …

• Slow the U.S. economy
• Increase U.S. unemployment, AND
• Crush U.S. manufacturing jobs as it creates new opportunities in China.

All at a time when China is moving at light speed to boost its internal growth rate.

Most investors don’t realize this, but China’s growth will hit a mind-boggling 7% in 2009.

To be sure, that’s less than the sizzling hot years of 11% annual growth, but compared with the expected U.S. contraction of negative 3% in 2009, you don’t have to be a computer scientist to know where the big money will be made in the next two years.

And that’s not the half of it.

With the new “Buy American” provisions that have been built in to Obama’s stimulus plan, many U.S. multi-nationals won’t be able to tap into the $787 billion stimulus pie. Many of these firms will have to outsource a majority of their parts to other countries!

As a result, the big rally in the U.S. markets will collapse entirely as investors head back to China —where the real growth opportunities are.

The reasons are simple:

• China is the only large economy on Earth that’s growing at a significant pace—because it has little exposure to the problems we have here.
• China has no restrictions on spending stimulus money.
• China’s banks are stronger, with no subprime mess holding them back.
• China has a $2 trillion surplus to spend as it sees fit. AND—get this—
• China has tied up Russian oil reserves at $28 a barrel as Congress bickers and American companies go to court to lift the "Buy American" restrictions.

Which is why the smart money is flooding into China at light speed, with investors cherry-picking world-class Chinese companies for pennies on the dollar while prices are still low.

Which is why…

Your Timing Is Perfect

As global growth stalls and U.S. companies fight to survive a recession that will only get worse, shrewd investors like you and me are going to make a bundle as investment in China surges and the country uses its newfound capital to build more roads, bridges and infrastructure at record pace.

You needn’t take my word; a recent report by McKinsey Global Institute will tell you the same thing:

“In 20 years, China’s cities will have added 350 million people—more than the entire population of the United States today.”

“By 2025, China will have 221 cities with more than one million inhabitants—compared with 35 in Europe today—and 24 cities with more than five million people.”

“By 2030, 1 billion people will live in China’s cities…170 mass-transit systems could be built…40 billion of square meters of floor space will be built in five million buildings—50,000 of which could be skyscrapers.”

In other words, as China transforms itself from a nation of farmers to a nation of urban dwellers, the equivalent of 10 New York cities will need to be built, and in doing so will richly reward U.S. investors who invest now.

With 7% growth, China’s economy is still growing like a weed. Its standard of living is on the rise. And its people are spending like there’s no tomorrow: buying into a much richer lifestyle, filled with cell phones, big-screen TVs and cars—the same things we Americans take for granted.

When you consider there are 180 cities with more than one million people living in them, you can only imagine the kind of money that is going to be made, as China’s newfound consumer class enters the marketplace and replaces the American consumer as the supreme driver of world growth.

All thanks to the infusion of cash from foreign investors that’s going on behind the scenes now. >And I’d like to help you grab your share.

For more than a decade, I’ve been helping my readers and clients grow steadily richer investing in Asia.

In fact, since I’ve been telling my readers about China’s next phase, our individual stocks have banked up to 154% profits…while our total holdings have beaten the S&P 500 by more than 51 percentage points.

But even these great gains will pale in comparison to what lies ahead as China continues to build the largest middle class in the world, while the rest of the world sits in recession.

In a world that’s been crippled by the U.S. financial crisis, the Fed bailout, and collapsing consumer and investor confidence, the flood of capital pouring into China will not only put powerful upward pressure under the stock prices of companies that are fueling China’s new growth…

…but also change the face of Wall Street forever.

Here’s where the biggest profits will be made:

• Profit From China’s Thirst for Oil:
  
  Two reasons: 1. Rising oil prices, and 2. China’s dependence on foreign oil to fuel its growth.
  
  When you consider that China’s dependence on energy exports is expected to increase significantly over the next 20 years and it is projected that China will need to import at least 60% of its oil and 30% of its natural gas by 2020…
  
  Profit From China’s New Housing Boom:
  
  As Chinese workers invest their newfound wealth, their first goal is to own their own home.
  
  Our top company in this sector is China’s leading real estate services company, whose earnings have not only risen an incredible 84% in the last quarter, but whose revenue has jumped 79%.
• Profit From China’s Love for Cell Phones and All Things Wireless:
  
  Make no mistake about it, China leads the world in telecom growth. By 2010, half of the world’s 1 billion global subscribers will be located in China.
  
  The Biggest Move Will Come
  In The Next 15 Days

As you know, nobody rings a bell to tell you when the big buying wave will begin, but I can tell you this:

Our time-proven, momentum-based stock-picking system continues to deliver profits for our readers, not only beating the market by more than 51 percentage points since 2005…

…but also thrashing the market this year, specifically with +34.8% returns vs. -2.62% for the S&P500.

Now with China’s second wave set to deliver even greater growth.

Frankly, no other investment newsletter advisory in the world knows the China market like we do, spends as much money on research as we do or makes as much money in China as we do.

That is also why you can invest in our recommendations with confidence that >Join me now. I am confident that it will be the best financial decision you’ll make this year.

>Today’s issue and your free report reveal why, and promises you’ll profit or get your money back.