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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: GST who wrote (49223)1/9/2006 12:32:19 PM
From: Mike Johnston  Read Replies (2) of 110194
 
It is we who will be left to sit in a corner covered in our own drool and wondering why we are no longer the life of the party.

Correct.
Why ?
1. China is moving away from socialism to capitalism, US is moving away from free markets towards socialism and central planning.

2. Something for nothing attitude among the public and economists here as opposed to entrepreneurship of the Chinese.
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