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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (38522)9/21/2003 2:15:08 AM
From: smolejv@gmx.net  Read Replies (1) of 74559
 
<<Now if this is the outcome of a sharp USD devaluation who will be the swing buyer of China's output ?>>

… Chinese themselves

Bingo, and because

a) Im buying BMW stock - ie offering the guys downtown some more capital for building factories in China,

b) returning my leased beamer, eventually

c) (probably - my wife has not yet decided, depends on my current overweight) switching to a second hand bike from China

probably both me, my wife and my cat plus a few fellow humans in China will be (on average;\) better off.
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