Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: RealMuLan who wrote (55680)	11/7/2004 1:19:24 AM
From: energyplay	Read Replies (4) of 74559

Wow. Thanks for the detailed explanation. There is a need for a Dun& Bradstreet / credit rating function - I would bet these "importers" are going from one factory to the next. Maybe the Bank of China, HK government, HSBC could do this service... track and validate importers. So real importers who pay their bills have to compete with "importers" who don't. Also means less domestic demand in China because workers are not paid. Lower demand for imported capital equipment. **** And we can bet some of this stolen money is going to finance drug trade and possibly terrorism... **** There's still some spare prison space in the US - but I wouldn't be surprised if many of these crooks operate out third countries with numerous cut-outs.... What's the response of the US & China governments to this ?

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