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

To: RealMuLan who wrote (49073)4/27/2004 12:42:35 AM
From: energyplay  Respond to of 74559
 
Short answer - because in much of the West, central banks cater to speculators of a certain class. Bailout of LTCM. IMF bailouts and games. Savings and Loan bailout.

Simple version is Heads I win, Tails taxpayer bails me out.

As someone on this thread once wrote,

Volitility = Friend

Western insitituions like to be friendly...



To: RealMuLan who wrote (49073)4/27/2004 11:05:03 PM
From: BubbaFred  Respond to of 74559
 
Western imperialism thrives on creating instability for the rest of the world. Instability plus chaos and dissensions equal weakness. US had the leadership role for creating worldwide prosperity for the last two decades and failed or never has intention for such a program. It should be no surprise that US is very much interested in destabilizing China.


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