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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: redfrecknj who wrote (26946)2/22/2005 11:27:55 AM
From: redfrecknj  Respond to of 110194
 
Not mentioned in his article, but what supports Friedman's
claim that "much of today's economic growth in China is
profitless" is the ~ 3.5-year, ~ 50% decline in the Chinese
stock market back to its early-90s levels:

uploads.freeupload.net



To: redfrecknj who wrote (26946)2/22/2005 1:15:43 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
Stratfor may be right about China, but they are basically a neo-con mouthpiece. They find fault (sometimes correctly) with foreign economies, but have no problem with the enormous imbalances and dislocations here at home. Nor do they have a problem with the war in Iraq.

Frankly I do not trust them.