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

To: shades who wrote (26536)	3/29/2005 6:28:08 PM
From: TobagoJack	Read Replies (1) \| Respond to of 116555

Shades, <<... protect the shipping lanes and trade routes ... consumption ... work ... suck down hot dogs and watch baseball games ... get up and turn off "friends" and go back to work>> :0) Oh sh*t, and I thought 'you' guys are supposed to do all the work, and if not, at least emptying out your attics, while loading up your basements, filling up your credit cards, and divesting home equities, so that 'we' here might limit ourselves to thinking up new and better ways to loot while in between holidays. If you folks are not working, and we people are partying, why, it must be doomsville straight ahead worldmarket.blogspot.com unless the Japanese have more savings than we both figured and/or will be needing less of it than earlier calculated. Chugs, Jay

To: shades who wrote (26536)	3/29/2005 6:36:22 PM
From: RealMuLan	Read Replies (3) \| Respond to of 116555

>>Why do you guys keep sending us cheap stuff so that we can put work into our military to protect the shipping lanes and trade routes - well we engage directly or through japan, india, israel or others to keep china constrained?<< I agree, China is pretty stupid on this. As a matter of fact, a lot of these staff may not get paid eventually. Cheap labor is a myth, in many cases, free labor may be more correct. And pretty soon this game will end. -- Raw materials are getting more expensive everyday; --China will make a bankruptcy law pretty soon, so that Chinese banks will stop financing the companies which lose money; --Sweatshops, set up by Japan, S. Korean, HK, Taiwan and others, will soon have to move out of China, or stop production, unless they want to offer higher pay. More and more Chinese refuse to work for them any more. Message 21179055 To constrain China is the ultimate goal of the US, although I doubt the US could ever succeed. China can only be constrained by itself, not outside power. Wonder why China has never become a full colony like India had, as much as so many imperialist countries had tried for so long? Actually, it is not too hard to stimulate the domestic consumption in China. All they have to do is to control the cost of housing, education, and health care. Thanks to the stupid economic policies under Zhu RongJi, the cost of those three have been skyrocketing and eating up most of Chinese’ savings. Things have improved under Wen, but it takes time for any major change. >>if you guys won't do all our work for us while we suck down hot dogs and watch baseball games we might have to get up and turn off "friends" and go back to work :(<< Don’t worry, Americans are creative<g>. During dot.com bubble era, many Americans made a comfortable living by sitting in front of computers in their pajamas shoeless, trading Internet stocks; after the bubble burst, they switch to using their houses as a checkbook. Hey, you never know what will be the next innovative way the US people would think of<g>