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

To: X Y Zebra who wrote (29317)	2/28/2003 1:20:51 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 74559

we see eye to eye I will remark finally that we dont necessarily have to see growth somewhere in the world outside China, I dont expect growth for the next 3 years and even inside China, it might be very weird growth much creative destruction bankruptcies, some dead banks, severe urban-rural dislocations, growth for growth sake without profit, sudden forced rule changes, etc a big new wild card in my opinion: influx of foreign capital with its own disruptions and attempts at control, breeding xenophobia and resentment China harbors more distrust of foreigners than any other Asia nation / jim