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

To: BubbaFred who wrote (49916)	5/13/2004 4:16:38 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

<"Napoleon once said that when China awakens, the world will tremble."> Napoleon? Bubba that was centuries ago. Talk about sleeping in late! China can't do well because they are stuck in the rut of being obedient to the ruling class, which kills imagination, creativity and energy. China can become a high volume low price supplier to people who do the real work, but that's about it. But, hope springs eternal. The USA, Britain and others were stuck in the same sort of rut a couple of centuries ago and boot-strapped out of it. China doesn't even have to boot-strap but can import the capital. So, if China ever gets the boot off the neck, there could be spectacular achievement. But making people tremble isn't the way to success. That's for the history books. I know you have trouble understanding things like that, but give it a go. Think of a salesman making you tremble. Do you buy? Of course not. You tell him to get lost. I suspect you are a lost cause, but I can't help but try. Where there's life there's hope. Mqurice