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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Chas. who wrote (113456)8/4/2010 9:36:45 AM
From: TobagoJack2 Recommendations  Read Replies (1) of 116555
 
<<Interesting note is that Zhang's early experiences and motivations are formed in China but she doesn't really develop her entrepreneurial style and business savvy until being educated and employed in England and USA.... this a worthy note and more than food for thought...... >>

... do not get the wrong message ... for in the early days they were not able to express their hardwired talent as all the overseas chinese were able to

it is not so much the people or the training, but the system.

the china system these days is obviously amenable to folks wishing to express their hardwired talent. and so i fear, as i related earlier.


<<I come away with the feeling that Zhang believes the Chinese politicos will continue pumping stimulus $$$ into any signs of RE/Economic collapse...she's banking on it.>>

... think about it for a moment, as i had repeatedly mentioned to hamoon, the chinese leadership fear the people the rule over, and so must try to do better, or be prepared to fight and be cleansed out.

imagine, you are one of the top 16 men of china, when you wake up in the morning, are you likely to say, "hmmmn, i got nothing better to do, let me go start a war in the middle of nowhere against nobody in particular for i do not know how long on borrowed money, and besides, i am out in 4 years, what the heck", or

are you more likely to think, "oh my, 1.4 billion folks to organize else i am done. what should i do today so that my 12 years has somethings to show for"
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