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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: ild who wrote (43595)10/16/2005 9:16:02 PM
From: Ramsey Su  Read Replies (3) of 110194
 
ild,

Jay's ability to think and write is amazing, especially when he is continuously distracted by that coconut who must have already used up her life time allotment of photos. <ggggg> You would think that he is one of these stereotypical Hong Kongese who can never sit still and talks 3000 words per minute. Having met him, he is rather calm and collected. Can you believe that our conversation was only interrupted by his cell phone 2 or 3 times in a whole hour? <gggggg hi Jay>

R&D is a very broad subject. I suspect that China has already surpassed the US in some new technologies. Take the textile industry for instance. Since material cost is relatively high for China, I bet you take have invested far more in the latest cadcam stuff that optimizes cutting and sewing utilizing state of the art laser cutters.

While Greenspan is encouraging joe6pak to be retrained at community colleges, our institutions of higher learning are packed with foreign students, many from China.

But this is not a pissing contest, it is about change and how each of us may selfishly benefit from the change.

Speaking of change ....
nahb.org
The HMI should be released Tuesday, along with a ton of earnings report from the homebuilders. It could be the final confirmation of change of sentiments.

Ramsey
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