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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (34186)5/22/2003 3:23:03 AM
From: TobagoJack  Read Replies (2) of 74559
 
Hello Elmat, I think China Inc may extract some value out of the USD devaluation if they play their cards right.

Start by maintaining 'stability' and devalue right along with the USD, extract manufacturing value from everywhere and supply the US at constant level, and supply Europe at augmented level;

Help US companies defeat their evil rivals in Europe;

Help Korean companies defeat their nasty competitors in Japan;

Help Japanese companies defeat their heartless opposites in the US;

Drain Taiwan of the hard toils of work;

Accumulate market share, add to know-how, and get on the USA 1920-1968 script;

... etc, so on and so forth, once again and twice more, towards TeoTwawKi and Abracadabra ...

Message 18965636
Message 18965637

Chugs, Jay
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