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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (26066)12/12/2002 11:26:23 PM
From: elmatador  Read Replies (1) of 74559
 
China is the Golden Boy of the day. The world always need one. The people are hard working. The leadership have some characteristic not found elsewhere. Their young are clever etc etc.

German wirtschaftwunder. Japan. The Asian boom (that went Kaboom). Brazil in the early 70's (The US in 1920 and will make). Now it is China's turn for their 15 minutes of fame. Until it goes Kaboom. Just wait for the Olympic Games. You are going to see the whole world massging the ego of the Chinese real good.

But look again. The last thing the Chinese invented was the compass. It is famous for shooting themselves in the foot. Sunk their ships and stop producing iron in the middle of the last millennium and went back to its insignificance.

For me all those Golden boys of the day are like fireworks: They shine bright and colorful and you'll hear: Kaboom.

Jay knows it. hey Jay you are as Chinese as I am Brazilian!!!
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