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


To: Seeker of Truth who wrote (36788)7/31/2003 2:58:05 PM
From: RealMuLan  Respond to of 74559
 
>>The US is so undereducated that they can't even absorb the metric system. <<

LOL.

And actually it works this way, the more undereducated of the majority, the more likely those rulers can get their votes. Undereducated of majority is functional for those extreme fundamentalists.<g>



To: Seeker of Truth who wrote (36788)7/31/2003 3:19:11 PM
From: RealMuLan  Read Replies (1) | Respond to of 74559
 
I read from Chinese forum that the stock market in China will adopt Real name system in second half of this year (don't know exact date). Right now one party (companies or individuals) can open multiple accounts. Someone said that the current 60 million accounts in ShenZhen stock market belongs to only around 6 million (10%) real entities (companies or individuals).

So some professionals are predicting that the stock market in China will be bearish because of this new rule. The reason is that a lot of accounts under Alias name have to be sold out. Those accounts were there working as a "bidder". So there will be a lot of sellers. S. Korea changed to Real Name system on Aug. 12, 1993, and its stock market became bearish for a long time (although I think Asian currency crisis also played a part?).

And this is a big revolutionary step, and will stop some criminals doing money laundry on the stock market.



To: Seeker of Truth who wrote (36788)7/31/2003 4:33:49 PM
From: AC Flyer  Read Replies (2) | Respond to of 74559
 
Malcolm, Malcolm, Malcolm. You are revealed as a fascist, ready to judge everyone about you and force them to conform to your own petty bourgeois ideas. "That kind of thing is why we should restrict the power of any one to become a billionaire." Since you clearly know how much money anyone should be allowed to have, perhaps you would like to be amongst those of like mind. I'd be happy to arrange a one way ticket to North Korea, Cuba or Canada...oh, wait...never mind.

Not surprisingly, your post is full of disingenuous, untruthful predigested sound bites that you have swallowed whole and uncritically from a variety of left wing sources.

>>These two are outnumbered among the billionaires by large scale parasites who promote wars, and limit education<<

OK, so it's clear you don't like billionaires. But please explain why, while you obviously deserve every penny of your money, the other guy doesn't deserve his? By the way, who are these warmongering parasites? How about getting specific? Share your insight on the devil amongst us?

>>The US is so undereducated that they can't even absorb the metric system.<<

I think that should be more like "the US economy was so dominant after the Second World War and so lacking in dependence on international trade that there was no clear economic reason for the US to adopt the metric system." The mountain continues to come to Mohammed by the way - I have Canadian customers who are happy to buy Imperial.

>>There's not enough money for primary and secondary education but there's plenty of leeway to lower taxes, mainly for the rich.<<

Come on Malcolm, that's just silly. Do the research. Try a little Google. The US has one of the highest incidences of college education per capita in the world. As for lowering taxes for the rich - damn straight! We have a progressive taxation system here in the US - the "rich" pay the majority of the taxes in the first place. And if you'd do more than just swallow the pap that the liberal media feed you, you'd know that the percentage of per capita income paid in income taxes by Americans INCREASES with income.

>>they spend themselves into debt, which is a big current problem in the US, more so than in any other country.<<

More so than in any other country, eh? As a percentage of GDP the US national debt is less than that of many Western countries, including, by the way, Canada.

As to your other implied allegation, that the US created Hitler, well, all I can say is that that is the kind of comment that says more about you than about us. If you want to know something about Hitler's economic and political origins, I suggest that you do a little research on The Treaty of Versailles and European anti-Semitism in the 1930s.