Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (53246)	9/12/2004 4:34:14 AM
From: EL KABONG!!!	Read Replies (1) of 74559

Hi Jay, I neither endorse nor disagree with the following; simply not clear yet. If I had to bet, I would bet Krassimir_Petrov is wrong, but I do not have to bet, at least not yet. I would agree with Dr. Petrov for the simple reason that history often repeats itself. As a general rule of thumb, mankind does not always learn from history, and is prone to repeat the same mistakes committed by ancestors... As for a time frame, I have none, other than to speculate that I think it will be much further out than 2009, maybe in the 2015 - 2020 range. As for the potential triggers leading up to a Chinese Great Depression, I would include the possibility of a global epidemic, something along the lines of SARS, only much more devastating... KJC

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