Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Hugh A who wrote (57250)	12/16/2004 2:22:19 AM
From: Maurice Winn	Read Replies (2) of 74559

<We'll send you some baubles - plasma HDTVs that are junk in 5 years - and you send us your capital. In 5 years the toys are gone and you'll have to borrow money back from those who sold them to you.> Hugh, in the end, buying and selling has to balance, not necessarily between any two countries, but in total. What China is already doing is buying oil, coal, CDMA cyberphones so it's not as though the money is just being shipped to China in exchange for junk. People want to buy that stuff [as do I]. In payment, I ship CDMA stuff to China. It's an ages-old process. Much better than fighting! Mqurice

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