Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RealMuLan who wrote (50240)	5/20/2004 10:13:48 PM
From: elmatador	Read Replies (2) \| Respond to of 74559

It isn't a bad thing indeed. I am a bit Chinese. To make a point I have to write a small story since my brain thinks in English albeit it has a lot of Portuguese into it still. China is a lot like my swollen forearms right now. I didn’t exercise for one and half years and re-started. The power is still there then I can exercise as much as I want: no fatigue, no cramps, no motor impairment and no pain. The problem is the muscles are not ready to that load and the whole forearms swollen, get stiff and their range diminish like they have shortened up. This is commonly referred to as 'delayed onset muscle soreness'. I did too much. Too quickly. That because my arms and hands are much stronger than the biceps and triceps and that asymmetry is what wreaks havoc with the forearms. If I start slowly, even though I can do more with some parts of the body, I will slowly built the muscle resistance. Port this to China context, even though it can do, it is better not to do it too much too quickly. That because some parts of the economy cracks down under the effort to support the sectors that need to be built slowlier and steadier. Boy, I need a massage for the arm,s the same way I need for the chest and back last week. I am going to go slow next week!!!

To: RealMuLan who wrote (50240)	5/24/2004 4:37:22 PM
From: Maurice Winn	Respond to of 74559

<When it hits the ceiling, then the wealth have to spread horizontally, thus, more people will be benefited, unlike what is happening now, only 20% or so Chinese are enjoying the development.> Yiwu, wealth isn't a physical material like water which hits something so flows to somewhere else. Wealth has to be attracted to somewhere. It works by pull, not push. Which is quite different from the old days where wealth came from conquest, flooding a territory with soldiers and blood, and finding resources, which is why we get such problems - people still think wealth is something found, like oil in the sands of Saudi Arabia or gold in Arrowtown [where a lot of Chinese went to live long ago, in tiny little huts in the cold]. Wealth is now created by somebody doing something which other people value. The person doing the creating is paid for what they do by the people who want the thing that they do and who have in turn been paid by somebody else, or have created something with which they can trade. If one person does a lot of good stuff and you stop them. The wealth doesn't flow to poorer people. The wealth is not created. Maybe you are confusing wealth and money. Hu Jintao can print a lot of money, but that is quite different from wealth. Excessive printing destroys wealth by dislocating economic processes. Everyone gets poorer if the pixelation process goes nuts. Some ignorant people think Uncle Al KBE has gone nuts with his pixelation process, but he hasn't. The world's economy is booming so Alan Green$pan can produce a lot more money without inflation as a billion Chinese and soon a billion Indians come onstream. You are very lucky to get a free education from me Yiwu. Not to mention further honouring. I'm hoping to educate you sufficiently so that you realize murdering people in Taiwan to steal their wealth is a bad idea. Mqurice PS: Arrowtown Chinese hut here [cyberspace is great, invented, mostly, by US engineers and you can even see this on GSM1x cyberphones, invented by CDMA engineers]http://www.nzpix.com/gallery/details.php?image_id=543

To: RealMuLan who wrote (50240)	5/24/2004 11:13:19 PM
From: elmatador	Read Replies (3) \| Respond to of 74559

I agree with the part that wealth is not create by decree or by the wisdom of technocrats. What I fail to grasp is why all other people who work hard to produce something other people pay to acquire are the creators of wealth, while people living in Greenspan's land doesn’t have to work hard to create something other people are willing to pay for and just print money. Can you explain why the US can do that trick? Because if you explain, it means other people, say the Europeans, can replicate and compete with the printing money. Or is there something special to the US that other countries don’t have that allow them to print 'con gusto'?