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


To: TobagoJack who wrote (53246)9/12/2004 4:34:14 AM
From: EL KABONG!!!  Read Replies (1) | Respond to of 74559
 
Hi Jay,

I neither endorse nor disagree with the following; simply not clear yet. If I had to bet, I would bet Krassimir_Petrov is wrong, but I do not have to bet, at least not yet.

I would agree with Dr. Petrov for the simple reason that history often repeats itself. As a general rule of thumb, mankind does not always learn from history, and is prone to repeat the same mistakes committed by ancestors... As for a time frame, I have none, other than to speculate that I think it will be much further out than 2009, maybe in the 2015 - 2020 range. As for the potential triggers leading up to a Chinese Great Depression, I would include the possibility of a global epidemic, something along the lines of SARS, only much more devastating...

KJC



To: TobagoJack who wrote (53246)9/12/2004 11:12:57 AM
From: Ramsey Su  Respond to of 74559
 
Jay,

speaking of apples and oranges.

While I would not bet whether a depression in China is a possibility, I am willing to bet that this Petrov person is one confused pedant.

Comparing China today with the US before the great depression is worse than trying to jam that square peg in the round hole.

Ramsey



To: TobagoJack who wrote (53246)9/12/2004 4:49:22 PM
From: Taikun  Respond to of 74559
 
If or when China has its depression or recession, I must not forget Jim Rogers and his recommendation to load up on Chinese equities, for it will be the last buying chance for a very long time.