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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?

To: Don Green who wrote (1213)	2/9/2003 5:54:03 AM
From: TobagoJack	Read Replies (2) \| Respond to of 48738

Hello Don, Let it be so noted that I believe Les and you are wrong, even as I believe China will have its ups and downs, which are only natural, and as you say, inevitable. <<China is overdue a major social and economic meltdown from inflation>> ... What inflation? You mean when its currency appreciates in 24 months, causing inflation in buyer countries, or do you mean its economy continues to rev, driving commodity inflation everywhere;0) <<corruption>> ... On what scale within what time span in what amounts? Anything like Enron, or Worldcom? You know, the worthwhile variety of gaming. <<... great economic divide>> ... what divide? You mean that every farmer and taxi driver is more well off today than yesterday, though perhaps not at the same fevered pace as the independent risk-taking businessman? <<Which could set them back 10 years>> ... Let's see, forward 20 years and set back by 10, or, in the aggregate, two steps forward and one step back, needing to cut back their lending to J6P, et cetera, so on and so forth ... not even worth worrying about in the scheme of historic reversion to the mean. <<Hard to escape>> ... many events are inevitable, but not all of them are dire enough to warrant escaping attempt. Sit back, relax, and enjoy the continuing show, always seek truth from facts, listen to what events are telling us, and refrain from acting on our wish for where we may want events to go. Chugs, Jay