Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TobagoJack who wrote (59872)	2/2/2005 3:46:40 AM
From: elmatador	Read Replies (1) of 74559

Jay/Spot: Lets say China collapse: How long the collapse lasts? One month? one year? Collapses today are short lived. Asia's lasted 36 months. Argentina collapse lasted, 24 months. Before collapses were really long lived. LATAM took a decade to come back again. But there won't be any collapse: The tendency is for capital to spread evenly. If China is concentrating it, the tendency is to spread from there. Can't hog it. China hogging capital is as bad as it is for the US, Europe and Japan. Once there is too much of it, it starts being misused. Once it tries to go away, people feel the outwards pull and start using it more wisely and out flow reassert itself. Hence a post-Keynesian regime makes sure that capital percolates every nook and cranny of the world’s economy, thus avoiding collapse. China won't collapse because those millions of newly urbanites are not going to pack their bags and head back to the rice field. The only thing that happens is the country to hit its head on the ceiling as it grows too fast and some parts of the construction are neglected. It won’t collapse because this means Balkanization. The capitalist revolution in China was intended to avoid it doing a USSR split.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next