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


To: jim black who wrote (3328)4/28/2001 1:35:03 PM
From: KyrosL  Read Replies (1) | Respond to of 74559
 
I disagree.

Bush clarified his comments about defending Taiwan militarily by later declaring that he supports the one China policy and that Taiwan should not declare independence. So, things are back to status quo. The Taiwan issue is bogus, IMO. It is a bone thrown to the Republican right wing, and I am sure the Chinese know it. Taiwan is rapidly becoming a service economy, whose manufacturing base and capital is increasingly tied up in mainland factories. Anybody with half a brain knows that unification of China and Taiwan along Hong Kong lines is a certainty within the decade.

As to a future clash with China over resources, I just don't see it. The US is blessed with plenty of alternative energy sources to risk WWIII over middle east oil. And, in a pinch, in can double its energy efficiency and potentially completely free itself from foreign energy dependence by simply raising the price of its energy to the same levels as in Europe and Japan, via energy taxes. By reducing the rest of the taxes by the same amount, it can thus achieve the lowest taxation by far among industrialized countries, thus increasing its economic advantage over them.

Kyros



To: jim black who wrote (3328)4/28/2001 1:58:47 PM
From: Crimson Ghost  Respond to of 74559
 
I can't stand Bush and Gore either. The two party system in this country is becoming a joke. The candidates areas of agreement are much wider than their disagreements. Let's face it -- they are bought and paid for.

Somebody made the suggestion on another site that voter turnout would jump hugely if the the ballot box included the choice -- NONE OF THE ABOVE.

On the China situation -- the refusal of the smaller asian states to back Bush in a confrontation with China greatly reduces the odds of such a confrontation IMHO.