Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Seeker of Truth who wrote (59036)	1/17/2005 3:34:02 PM
From: smolejv@gmx.net	Read Replies (1) of 74559

Hi Malcolm: Are we not just so brainwashed by the situation, that we see a problem in the hard-working, hard-saving billions of Chinese? We're just so darn demand-side minded - some J6P cuts up his credit card #3 and the world can't sleep that night. The solution? As any imbalance this situation will / must swing the other way some time. But I sure do hope it will end up in a position that will make an average Chinese better off. And by that I mean not just a chance for them to buy an armful of DVDs from Hollywood and San Fernando Valley with their share of IOUs. I mean infrastructure, education, social net, health system (what else does Canada have and US do'nt?;) About the rest of the world you ask? We've all been taking good care of ourselves for quite some time and I guess will proceed if unmatched. A funny factoid:China is swarming with VW cars and back here the sky is turning purple black over Wolfsburg... Regards dj

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