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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (5687)7/6/2001 11:44:21 PM
From: Rolla Coasta  Read Replies (3) of 74559
 
Hi Jay,

Why am I not worried?

Why not not ?

I don't know whether I'm right or not. But, I have a feeling that the China market could be the key whether we can bail out some industries out of recession. I'm sure lots of countries are still buying cheap Chinese goods. For now, Chinese people manufacture, make money, and demand foreign hi-tech products. And lots of Chinese businessmen have already had their businesses in the third world. They can use the manpower there to manufacture cheaper goods. Things could get cheaper and cheaper - drive up demand from the developed countries. I'm sure the Shanghai gangs know how to do that kinda business, since they know how to make money.

I guess this chart should be interesting to see for years to come:

finance.yahoo.com

Q
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