SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: EnricoPalazzo who wrote (44375)7/13/2001 6:35:09 PM
From: LindyBill  Read Replies (1) of 54805
 
. Maybe banking on China isn't such a shrewd idea...

You may be right. The British failed to sell China until they discovered that they would buy Opium. The next main item was "Oil for the Lamps of China". I don't know how much Oil Rockefeller sold there, but that was the mercantile battlecry at the turn of the Century.

However, people will buy some things no matter how poor they are. Go into any American poor area and you will find that people make the payment on the Color TV and Cable connection, no matter how tight things get. Cell phones seem to be an item like that.

On the other hand, China is a Nation of Huts, with an occasional Palace. America is a Nation of Palaces, with an occasional hut. Don't think so? Parade 100 Chinese nationals, picked at random, though the worst American slum you can find, and listen to their reaction to the wealth they perceive there.

This coming Olympics, chosen today to go to China, will be interesting test. I keep thinking of pictures of Hitler at the '36 Berlin Games.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext