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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Rolla Coasta who wrote (1394)	12/14/2000 2:20:28 AM
From: Joe Btfsplk	Read Replies (1) \| Respond to of 74559

like what the Brits did during the Opium War 100 yrs ago ....that's the true bad color of capitalism. Two years ago I helped a seventh grader with a paper on the origins of the Opium wars. Unlike you, he knows something about the subject. Those wars were not a result of the "true bad color of capitalism". They were a (now) indefensible reaction to the drain on British silver bullion reserves, when the protectionist Chinese wouldn't allow reciprocal trade to compensate for Western European demand for tea and silk. Things are not so simple as the simple think.

To: Rolla Coasta who wrote (1394)	12/14/2000 9:44:53 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 74559

Nobody in Asia wants war, as it is bad for local businesses. No one wants outright conflict, but economic war is taking place right now with regard to which sphere of influence Asia falls within, the US, or an emerging China. Japan used to rule the roost over there, but has been so severely weakened economically, they are losing influence to the growing economies. So while people aren't dying enmasse, economic and cultural war rages. And the cultural aspect of that war of ideas and market economics is probably our most effective "weapon" against the Chinese. But it's a weapon that is fairly benign since it is founded in legal aspects of freedom of choice and opportunity. It's a war between economic hegemony and economic opportunity. Regards, Ron