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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 421.63-0.1%Jan 13 4:00 PM EST

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To: Cogito Ergo Sum who wrote (48057)4/1/2009 7:52:33 PM
From: Maurice Winn5 Recommendations  Read Replies (1) of 219331
 
Rumours of The Empire's death are greatly exaggerated. When something shows up to do a better job, that will be the time to back them. But "spreading capital around" to dodgy Latin lairs is not the road to wealth. I'm backing the cybersphere as being the new world order and inventing the Qi to power it. The old idea of territorial kleptocratic citizen-serf states is so last century.

Yes, it might be that the USA will lose the pre-eminent position, but a bit of financial carnage is just par for the course and hardly means it's the end of the line.

In the 1980s, Japan was supposed to be the new world order, but ooops a daisy.... Plan B and USA back to Number One.

China is not going to take over any time soon. Repression isn't a good scheme. Freedom and private property are better than all other options. As TJ blathers on, Hong Kong is free and privately owned [for the most part = sort of, usual caveats and impositions notwithstanding and only relative to other places]. A tiny little place has made it to top dog. No resources, just people and how they do things. Singapore did likewise in a few decades.

Yes, they have other limitations such as the air is goop in Hong Kong and there's not much room to move, but financially it's pretty good and there are flights to better places.

VVV was not hypocrisy though always there are hypocrites. The cultural norm was actually virtuous. People did not knife each other in the street, houses were left unlocked, people did work and be self-sustaining not bludging.

Plenty of people today live by VVVs. Even in blighted places there are such good people.

TJ thinks the future lies with bare bum Aztecs prancing around a camp fire clutching their little gold totems with China being King Kong with Hong Kong as King's base of operations.

Here's the future and it's Qualcomm inventing it: "At Qualcomm, the future looks pretty bright. Where tomorrow, starts today". mobile-phones.co.uk Scroll down to watch the video

Mqurice
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