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

To: RealMuLan who wrote (59681)1/30/2005 1:22:27 PM
From: elmatador  Read Replies (1) | Respond to of 74559
 
<(those who want to buy have no money),>> Aparently you have not read my postings about solving this problem by creating the purchase power.
Do, please, a search in this subject 'post-keynesian' word



To: RealMuLan who wrote (59681)1/30/2005 1:54:06 PM
From: KyrosL  Read Replies (3) | Respond to of 74559
 
>>Chinese companies and the state banks are losing billions!<<

That is exactly the point of ElM's article, though it didn't quite state it.

Chinese companies are losing billions and are able to stay in business through abundant state subsidies disguised as loans. Foreign companies don't have that luxury. They must make a profit, otherwise there is no point investing in China.

This is not going to end well.


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