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 : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (22716)	8/2/2004 12:17:48 AM
From: X Y Zebra	Read Replies (2) \| Respond to of 306849

95% of the people don't know what's hitting us they have no idea exactly right... but there is opportunity... provided one acts instead of moan. the point is we are in the middle of a massive transfer of wealth roughly from west to east... so te real question is what each one of us will do? will we participate in this historical wealth transfer? you are correct, the old ways are toast, but that does not mean each one of us could not reap the rewards for those who act... A few years from now they will, look around and wonder what the heck happened, where am I? better yet, we need to ask ourselves, where are we going to be 3, 5, 10, 20 years from now... we need to recognize the new circumstances and take advantage of it. a small example is... all these latinos will be consumers, so we need to figure out what is it that they will buy... and so on... whail and moan that they are invading the US will not do... sort of poetic justice don't you think ? -lol I mean imagine being in Japan... where EVERYONE accepts as a given that they are and have been and will continue to be in a recession... at least here you have the opportunity to take advantage of and being part of the change... and from there... Asia is next I think this is a great time to be alive and participate... do you think that people like Vanderbilt and JP Morgan and all those guys had a guarantee? I doubt it, they just came and took the opportunity... imagine what it is in China right now and where it will be in the next 20 years... Shanghai sure sounds exiting... and I admit to be tempted... in spite of all the odds against the idea...