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

To: AC Flyer who wrote (41059)	11/6/2003 9:16:31 PM
From: Gulo	Read Replies (1) \| Respond to of 74559

I don't know what China's average growth rate will be, but it is considerably higher than 8% now. Including the black market could make it near 15%. I agree that will drop considerably in the near future, and might even collapse into recession if the banking system fails. Right now, China seems to be growing like the Asian Tigers did a couple decades ago. To reach the size of the U.S., China only has to achieve 1/4 the per capita GDP. As was mentioned before, Singapore did much better than that in a single generation. -g

To: AC Flyer who wrote (41059)	11/6/2003 10:24:45 PM
From: elmatador	Respond to of 74559

Thread: It appears the numbers are not telling the whole story. One: We agree that to build up an economy the size of the US may take shorter that it took the Americans to do it. Owing to the fact that whomever construct one today, stand on top of the shoulders of the US. Meaning: The Panama Canal is already there. The satellites are already up there. The fiber has been laid. The peace is already guaranteed. The many technologic bits and peace are already in place. The millions have been already to school The English language has already been spread ... ... ... Surely it is faster to build a power nationa today if people don't screw up.