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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 421.32-0.5%Jan 16 4:00 PM EST
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To: Arran Yuan who wrote (11246)11/8/2006 2:34:08 AM
From: elmatador  Read Replies (2) of 219422
 
Elmat explains HK: Every place in the planet with a closed economy needs a vale of escape. Places convenient located, profit from that need:

Sweden and Austria at the borders of the USSR. Neutral countries, ‘serious’ countries image.
Singapore as the shopping mall of S.E Asia. Paraguay for Brazil. Three frontiers with a single spot serving as the feeding point. Dubai for Iran Iraq and Saudi and HK for China. Deep sea harbor, a bunch of business savvy Scots and Brits. Those Anglos left a lot of savvy people who learned from them. While the Brits were leaving thinking that the place was no longer useful to make easy money on top of a closed economy, the HK Chinese flipped the place, no more as entrepot, but as a gate to China, entertainment, investment and play ground.

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