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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (6717)8/5/2001 5:28:21 AM
From: Maurice Winn   of 74559
 
Thanks Jay,

(1) Continued political stability

Requires income to China to maintain relative living standards with the rest of the world and to gain ground. They can't be politically stable in isolation [or, if they do an Albania, they'll become like a human museum - a kind of mass-produced Amish].

(2) Sustained economic development

Requires participating in modern economy. That means CDMA. That means going directly to the latest and greatest.

(3) Keep a job

That means learn about CDMA and do something with it.

(4) Buy a home

That means save income from the job making CDMA.

(5) Pay down a mortgage

That means keep working at the job selling CDMA.

Note that CDMA is like 'stone age', not literal, so CB and DJ, don't take it literally. In that context CDMA means modern technology, most of which has been developed elsewhere.

So DJ, as I say, from the stone age to the new paradigm, in a single generation. Interestingly, New Zealand is going back to the stone age in a single generation having enjoyed the 3rd highest per capita income in the 1950s. We are going downhill at about the same pace that China is going up. I am going to investigate defecting to China [my mother was born in Manchuria, so maybe I have some rights to entry, being half Chinese].

Mq
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