Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Hugh A who wrote (36294)	7/19/2003 4:12:13 PM
From: Maurice Winn	Read Replies (1) of 74559

Come on now Hugh, get a grip. Uncle Al isn't really fixated on exporting the equity to China. But of course China has exported a lot of stuff to the USA, so those exporters have a lot of US$ and some of them will have loaned it to Americans to buy houses. There's nothing wrong with that. By such a method, the Americans get both the house AND a whole lot of stuff Made in China. If they didn't buy the stuff from China, they'd have to pay a fortune to some lazy slob to idly make it in Idaho or somewhere and then they couldn't afford a dirty great SUV and house [other than a small one without mod cons]. You should kneel in gratitude to Uncle Al KBE for leading the revolution. He is a great hero of the revolution whose name shall live forever. In praise, Mqurice

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