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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: gregor_us who wrote (7701)	2/12/2004 8:57:53 PM
From: glenn_a	Read Replies (1) of 110194

lambeth-palace Re: your post to JWCB titled "The Asian Credit Supply and the Western Consumer" ... you commented: "The relationship feels very much like one between the addict and the drug dealer. I have no idea when the arrangement ends...but these relationships never end well." Well the so-called Opium War between Britain and China certainly didn't end very well. You remember the Opium War? ... the one where Britain took the moral high-ground of "free trade" to demand the right to hook China's coastal population on opium. Yes, such moral righteousness of the time of the Anglo "race" (as they conceived themselves at the time) certainly makes me proud of my own partial English heritage ... NOT. I believe this was how Britain obtained Hong Kong. Makes me wonder if one day China will do a hostile takeover of Liverpool or Manchester. Then again, perhaps as the lead singer of Midnight once proclaimed, "the time has come to say fair's fair". Go figure, the birthplace of the Industrial Revolution a Communist precinct. Who'd have thunk it? ;) Regards, Glenn

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