Hello Darfot, <<stat … Japanese-Chinese integration ...>>
:0) ... well, here is another stat. There are 1+ million Chinese brides in Japan, and the number is growing daily.
Given that Japanese girls in Japan do not seem to be as procreation-willing, and child-rearing/education is left to the moms of Japan, simple Excel projection would conclude that the edge of event horizon to be within 50 years travel ;0)
In the meantime, a report from the ground-level, in Chinese universities, the multitude of Japanese girls seem to enjoy their freedom away from the constraint that was Japan, and taking up jobs in all kinds of companies on the mainland.
In any case, immigration to Japan is happening, they will eventually need a non-discrimination law regime, and Japan will change, willingly, though willy by the nilly.
I will try to be cheerful for the remainder of the post :0)
All jokes aside, and all un-PC thoughts in, I believe whichever major economy and any company that succeeds in integrating the China vector into their own respective economic/corporate equation, as a source and as a market, will do OK, and those that fail will do less OK.
My reasoning is simply that, China being the most dynamic and truly structurally reforming game on the planet, progressing at speed, with great mass and thus momentum, when integrated within another economy/corporation, will in fact drive reform and restructuring in the integrating entity.
What is playing out in HK (dying pain and birthing anguish) is also playing out in the rest of the world, with both a time lag and a difference, HK does not have to worry about Indians from India taking away HK jobs, because we have resident Indians (third/fourth/fifth generations) of our own :0)
Taking the US furniture business as an example, the company that manages to incorporate China as a source is doing better than the one that has not. The company that has integrated China as a market will similarly do OK. To do well, a company will eventually have to do both, China as market and as source.
Global cost structure is apparently gravitating towards the global norm, and because cost is income, so goes global the income construct. If so, asset deflation in some parts, and asset inflation in other parts is to be expected, and gradually, after grinding of currency gears against money bearings, a change of leading currency regime is inevitable, heating up and shattering the wealth transmission in the process.
In such a progression of events, gold may serve as a time-skipping constant, as the speed of light is an invariable, as was the case throughout the entirety of recorded history, having naught to do with jewelry demands, commercial shorting, mine closures, et cetera, ad infinitum, ad nauseam, ameh :0)
Anyway, that is the script, earlier described here ...
<<http://www.siliconinvestor.com/readmsg.aspx?msgid=16212324
August 15th, 2001
... The final three-pronged attack is being prepared against the center with grim efficiency and murderous determination, aided by on-line credit application and off-rocker mentality that believe in the unbelievable. The defenders are conditioned to trust that (a) there will be a V-shaped recovery tomorrow, now that it is no longer yesterday; (b) trade deficit does not matter; (c) debt overload does no harm; and (d) Uncle Greenspankie and Sam will make matters OK.
The final attack could involve a shock troop attack softening down the Dollar or a serious Debt explosion deep within a nation, a corporation or a even a fund. The follow-on attacks will most likely involve the simultaneous Deflationary ‘cratering’ of the real estate funding bubble and the final bleeding of gushing hope from the quiescent population. The exact scenario does not even matter given the weakened state of the defending infrastructure and inadequate cash and FED rate ammunition supply.
Any brightening of hope in the interim is just a fatally toxic fantasy wrapped in shimmering hope tied with comforting propaganda presented on a platter of official deceit. Swallow the fantasy, financial suicide results.
Now, should the cataclysm be unobstructed, a new dawn may arrive sooner. We must lead the village idiots to the volcanic abyss of Inflation or the black hole of Deflation, to be sacrificed to the gods of work, thrift, family and savings. I am being optimistic and am of course assuming that all the market noise and propaganda smoke is not in fact camouflaging an inflection point connecting Silicon Glory to an as yet unknown “next abracadabra”, as the Rust Belt was once transformed into Silicon Glory but accompanied by much dying anguish and birthing pain.
I could be wrong about everything, even about the fact that I was ever born, and in my saner moments, I hope I am wrong. I hope tomorrow is not The Day, and that all speculators will have an opportunity to seek redemption and change their ways towards the gods of work, thrift, family, and knowledge, and forsake the idol of effortless wealth.
You know humans as well as I do, if not better, and so you can guess at the odds of J6P awakening from his dream walk in time, before he falls down the steps in Uncle Al’s temple. Hey, how about that, you do know … the myth and the fantasy ...
Again, save yourself before it is too late. It is not too late now, because we are not even done with the prologue of the script yet. Your exuberance is lighting up this dark den of ours, as we patiently wait for the BBQ grill to reach a good searing temperature :0) >>
... I believe is playing out, and I will stick to it for a while, keeping it close on the monitor screen, so as to avoid being integrated out of financial existence.
Chugs, Jay |
