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

To: UncleBigs who wrote (48408)	12/30/2005 8:57:19 AM
From: GST	Respond to of 110194

<the global adjustment from where we are today to less reliance on the US consumer will be painful for everyone> Then we agree. Always keep in mind that places like China are at a stage of development where demand will grow to meet emergent needs of urbanization and industrialization. There are officially 172 cities in China with a population over 1 million. The "average" is around 3 million per city. This is a crude measure, but it makes a point. The "secondary" cities of China are set to take off in coming years AS A MARKET. These markets are young and still wet -- no doubt about it. But they are real and they dwarf markets anywhere else in the world in their growth potential.