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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 378.35

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Nov 10 4:00 PM EST

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To: THE ANT who wrote (61214)	2/16/2010 2:20:21 PM
From: elmatador	Read Replies (2) of 217654

China will not turn into consumer society in two years. A couple is supporting four elderly. Son parents and wife's parents if they do not have had employment and have a pension. Since Chinese are getting old, those four elderly -above do not die and once their sons and daughters are no longer working, the younger couple -their descendants- will be join the pool of elderly. So there is always less young and working supporting the elderly. Thus Chinese savings and not consuming.

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