don't know my friend.
here's what i know.
costs are up, and they are being passed along to the food chain, somewhat slowly still, to us<a>, from the usa point of view.
shanghai market is insulated, in the sense mainlanders cannot invest, or speculate outside, of main land china. however, the door has been opened for investment in HK. stricly china, the b shares mirror the main land shares at an average of 50% discount so to speak. so, my current question is, if mainlanders have exposure to HK market, and HK market does a dive, does that mean now, shanghai market catches infection. no answer of any kind yet. internally, prc trying to tone things down and wrestle with inflationary spikes w/o wrestling with fixed dollar platform. who will win? beats me. IMO, the new effort on product safety is symptomatic of loss of prc control frankly. though a miniscule issue per se, they are addressing public relations like never before. hence, serious matter. reminds me of cocktail umbrellas coming out of japan during early copy cat phase.
usa, western centered economics: full steam ahead on rescue, all parties trying not to admit the truth and save face at the same time. outcome? don't ask me. ask mythman from new jersey.
either way, we will find out once and for all if usa consumer is the center of the universe...and if not..........all of asia will say, gfy. you are useless.
end of my story today. <g> |
