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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Gib Bogle who wrote (105198)9/17/2009 8:36:38 PM
From: GST  Read Replies (1) of 110194
 
<Chinese-made cars on the world market within 10 years> Make that 2 years -- there is also talk of Chinese buying Saab and Volvo to jump start the distribution process -- India already owns Jaguar. China is GMs biggest and most profitable market -- for that matter China's car market overall is already larger than the US. And on the electric front there are already over 20 million electric motorbikes streaming out of Chinese factories every year. Need I mention that their idea of a recession is 8% growth. Their cities are growing at the rate of about 25 million inhabitants per year -- need I say more?
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