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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (16976)11/28/2004 12:00:07 PM
From: RealMuLan  Respond to of 116555
 
Some poor Chinese farmers would be happy if they have as much rice as they want to eat, believe it or not. Some of them can only afford to drink porridge in the evening.

Read so much from Steven Roach, never see his picture, and here is one<g>
hexun.com



To: mishedlo who wrote (16976)11/28/2004 1:19:00 PM
From: RealMuLan  Respond to of 116555
 
<g>"Addison Wiggin, who is also one of the big shots from the Daily Reckoning and who could crush me like a bug with just the emanations from his powerful brain, is actually in China, and I assume that he is buying me a nice camera, and he writes "While haggling for a digital camera in Beijing's famous pearl market, a cohort on the trip threw down $200 in U.S. dollars, rather than Chinese yuan. The woman sneered in disgust. 'Those no good. No good here.' We'd had become accustomed to U.S. dollars carrying a little extra bargaining power, but not here. She wouldn't settle for anything in U.S. dollars, demanding remminbi, the people's currency, instead."
Message 20806285