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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: KyrosL who wrote (50063)9/29/2004 6:09:40 AM
From: TobagoJack  Read Replies (2) of 74559
 
Hello KyrosL, To continue this discussion dev.siliconinvestor.com and your response ...

<<To me it seems like a gigantic transfer of Chinese savings to American consumers. What happens when the free money spigot from Chinese banks to Chinese producers is turned off? Greenspan's money printing pales in comparison>>

We may have the beginnings of a partial answer,

(a) China is not transfering savings to American consumers, but buying American consumers' supposed birthright,

(b) The Greensputin printing press is far more awesome than anything the Chinese banks can muster, and

(c) When the spigot stops, China will most likely remain standing, since the Chinese spigot has been progressively tightened and all that has resulted is slowed growth and increased opportunitites.

China is at where USA was in the 1920s.

Chugs, Jay

P.S. worldmarket.blogspot.com
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