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

To: elmatador who wrote (50727)	6/4/2004 8:41:22 PM
From: Snowshoe	Read Replies (2) \| Respond to of 74559

Forget Wyoming, China needs mass migration... The Most Populous Nation Faces a Population Crisis nytimes.com BEIJING — It is tempting, looking at the locomotive that is the Chinese economy, to project its astounding rate of growth well into the future. China doubled its exports over the past five years, a faster pace of growth than the United States, Germany, Japan or Britain ever experienced in their economic boom times. By the time today's college graduating class reaches retirement age, China may be the world's largest economy. This is a consensus view, but some scholars are focusing on another statistic. Barring a radical shift in social policy, China is on course to age faster than any major country in history, as its median age soars from about 32 today to at least 44 in 2040. China will mature more in the next generation than Europe has over the past century, according to data compiled by the United Nations. It will have to grapple with the same age-related fiscal, social and productivity challenges of countries with several times its per capita income. Put another way, China will get old before it gets rich...

To: elmatador who wrote (50727)	6/5/2004 12:52:15 AM
From: TobagoJack	Read Replies (3) \| Respond to of 74559

Hello Elmat, <<bought USD today betting ... this payroll figures must look good tonight>> ... ... bummer, and perhaps bad timing. The payroll did look good, but only because of the <<Lip stick, rouge, wonder bra, gel in the hair, shadow in the eyes>>, and because the light is dim, alcohol level is up, and the music is pulsing. More folks flipping ever more burgers for each other does not an economy make, even if they get to keep selling the same houses back and forth to each other, all financed by the friendly Greensputin. The burgers make people ill, and the houses make people lazy, and then the financing will stop, perhaps cold, followed by reality which could be colder still. Message 20195129 It is not too late to repent. Redemption is behind door #3. Chugs, Jay