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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (16272)2/12/2003 12:12:20 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 19219
 
I agree with that, I just think its too soon for that economy. At least another 15 years for them. I don't have the GNP of China handy here but its so far below Germany Japan and US there is some catchup to do... to put it mildly. Then there are the other issues that are not "in the books" so to speak but noneltheless are required for a super currency... an ethical stock market and banking system, etc.

Personally I think China could be in danger of a monetary collapse soon due to overinvestment.

At that point, it could be a good time to buy in.