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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (5946)	5/1/2006 1:51:48 AM
From: energyplay	Respond to of 217738

When Hu Jingtao spoke in Seattle, he said his biggest problem was that coastal cities had a per capita income of $6000 and rural areas had an income of $1000. Sounds like things are working out according to plan, with factories shifting inland.... *********** From an economic development view, the for the past dozen years China has been running extremely well with possibly the best economic team in world history. So far that looks like it will continue - but I expect that it will regress toward the mean at some point in the future. That still may leave a pretty good team, which will continue to drive toward a good growth rate for another 20 years or so. How was this done ?

To: elmatador who wrote (5946)	5/1/2006 2:23:57 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217738

given recent govt moves to bring prosperity to the countryside, folks are will to stay put and be entreprenuerial close to family and friends. Naturally. So, yes, boolish sign, and will simultaneously boost inflation everywhere, so that the stay-at-home entreprenuers can earn more. Chugs, J

To: elmatador who wrote (5946)	5/1/2006 4:58:02 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 217738

ElM, often in NZ people moan about being unable to get good people, claiming there's a labour shortage. I tell them there is no shortage of labour and ask them if they have thought of offering $100 an hour instead of $10 an hour. Of course they haven't and they don't want to raise pay rates because then they'll have to cut their profits or even go out of business. Most seem to have trouble understanding that THEY are the problem and that what they achieve as managers and owners of business is too little so they need to get a real job. The idea that inadequate managers can solve their problems off the backs of low paid people is common but in a free market soon gets sorted out. As is happening in China. Americans and New Zealanders had better enjoy their cheap Made in China products quickly because prices are going to rise, as they have done over decades in Japan, South Korea, Taiwan, Singapore and Hong Kong, which were all producing cheap things for New Zealanders and Americans [and everyone else]. Now, NZers are producing cheap things for Japanese, Koreans, Taiwanese, Singaporeans and Hong Kongese. Mqurice