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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (28435)	2/23/2003 4:19:06 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 57110

I'd like to address a couple of things that you brought up in this post. And I think it points out something that most people leave out of the equation. If the vast chinese population is going to really become "consumers", then they are going to have to make more money. When they start making more money, then costs will rise. And when their quality of life starts to rise, their expectations will rise. And it is rising expectations that breeds revolution. And I am not talking about friendly revolution. You correctly pointed out that things are happening very fast right now. And there is lots of big expectations for China right now with little thought going into the mechanics of making 1B non-consumer chinese into "consumer" chinese. I think that the move for world domination by the Chinese is far from a done deal and that the case for the U.S. righting the ship before they can get a firm foothold is very viable. there are costs here in the US that simply do not exist in Asia/China, nor will they ever exist. consider... the US has a population of 280 M (plus or minus) Asia has 3 billion. oil consumption is: 22 billion barrels per day in the US 19 billion in Asia. What will happen when the Asian consumer really begins to be a "consumer" how are we going to counter that potential "consuming power in Asia"