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

To: Raymond Duray who wrote (17120)	11/29/2004 10:39:32 PM
From: mishedlo	Read Replies (2) \| Respond to of 116555

Well China has been denying it for two years. I guess they are toying with the US (snow) about "progress". Perhaps more likely, Snow does not understand Chinese. Have Yiwu explain "in due time" sometime. It could be decades! I doubt it takes that long but I concur with the analysis that suggests 1) China is not ready 2) Even IF China was ready that it might not be in China's best interest 3) The face saving process of China is such that even if both 1 and 2 conditions are met, China is unlikely to give into outside pressure I bet Yiwu agrees with all 3 of those points Mish