To: TobagoJack who wrote (313 ) 10/2/2002 5:24:21 PM From: Maurice Winn Read Replies (1) | Respond to of 867 Jay, it looks like a very auspicious time for Hu Jintao to take over. While the USA is mired in a wharfie strike, large mortgages, other debt, a WAT, WOT and wotnot willy nilly and with the world's biggest stockmarket crash still in progress with hordes of Biotelecosmictechdot.com bankruptcies and losses and conversion of the once prevalent Sudden Wealth Syndrome to the far more serious Sudden Poverty Syndrome, China seems positioned for the biggest and fastest-in-human-history economic expansion. Perhaps we are staring at the great Abracadabra - a cdma2000-powered China burgeoning out of the 20th century mire of Japanese colonialism, war, poverty, vast population growth, communism, isolation, lack of capital and technology. [British colonialism was okay, as shown by the vast development of Hong Kong] Now, China is approaching 1.3 billion people [NZ is the 4th significant figure, Australia the 3rd, Japan the 2nd and even the Mighty USA barely making it to the 1st significant figure, barely]. That swarming horde has an average age nearer 20 than 40. They are civilized. They have an average IQ better than the global average. They have laws which are increasingly protective of private property and investment. They are not maniacally religious. They love to communicate and are crowded [therefore they will need billions of CDMA cyberphone gadgets over the next decade - can't drive cars but can drive cyberphones]. Capital formation is rapid. Overseas income huge. Investing in China can be done directly, or via foreign companies which are investing heavily in China, or heavily dependent on sales in China. Yes, QUALCOMM can be mentioned here. Fortunately, QUALCOMM for years has been developing interests in China, so they are away laughing while most people are only just noticing that China isn't still a swarm of rice paddy rickshaw runners murdering each other in the name of Mao. The USA [Condoleezza Rice] and co are still confusedly thinking of China as a strategic competitor. Well, that's sort of true, but it's really more like a Global Village marriage. In a marriage, one should not look on one's spouse as a competitor [divorces are ugly and brutal with the offspring and adoptees being trampled in the mayhem] but a partner. Taiwan will be subsumed by China in a similar way to Canada being a pimple on the USA = independent but really part of the economy and way of life. I am increasingly feeling nervous about my little Tonka Truck of cash. I will have to move one of these days. Too many people have designs on it and the wherewithal to whittle it away by quantum tunneling direct from their prolific $$$$ pixel printer into my hidden stash - extracting value from me by cyberosmosis. Look how fast they can print more. Just press the $ key, then hold $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ ... wow, that took only a few seconds with WindowsXP and a good processor. I dare say Uncle Al, KBE, has got a much better $ pixelator than mine. With Japan holding down the Y key, YYYYYYYYYYYYYYYYYYYYYYY and NZ the $Kiwi Key KKKKKKKKKKKKKKKKKKKKKKKKK and everyone else hitting 'print', the cash holders could be expected to feel as inundated as the Tora Bora occupants when the USA flew in. Incoming!! Incoming!!!! Incoming!!!!!!!!!! omigod...... Mqurice