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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (47128)3/8/2004 10:12:59 AM
From: Mary Cluney  Read Replies (1) of 74559
 
elmatador,

<<< One thing is for sure: China will grow until it 'hits the head on the ceiling'. I tell you how this works: There is a lot of people in China, but how much % of the Chinese are capable of working in a modern economy? Maximum 30 million.>>>

They have 30 million people with IQ's equivalent to or higher than Sir Isaac Newton for starters. They have 75-100 million people with access (today) to the Internet and 200 million people with cell phones. Most of those people are not that tall (Yao Ming not with standing). I don't see a lot of heads hitting the ceiling.

Do the math.

There is not an end to consumer demand in sight. If we play our cards right, we could make a lot of money over a very long period of time.

There's a lot of Coca Cola, Big Macs, life insurance policies, Investment banking services, rap music, Hollywood movies, Avon cosmetics, and diplomas from US universities at $50k per over 4 to 8 years a pop to sell (just to name a few things off the top of my head).

I will just take a small cut at ESL training.

Mary
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