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


To: TobagoJack who wrote (5948)5/1/2006 5:06:22 PM
From: Maurice Winn  Read Replies (1) | Respond to of 217739
 
In China, ElM's silly idea that rich countries have millions of poor people move into them is not being adopted. Capital is moving to the countryside from the coast, not the population of the countryside to the coast. Though of course, for efficiency, people will move from rural life to city life. As everywhere on Earth.

Preferably, BIG city life, where all is available.

Pay rates are rapidly rising in China, as expected in Financial Relativity Theory. Americans will have to pay more of their devalued dollars to buy Made in China. And that will leave less to buy oil to fuel their giant SUVs to cart their huge bodies around.

But Chinese and Americans will all be buying CDMA/OFDM cyberspace by the billion. As will everyone else. Thank goodness the money is flowing from the USA to China [and back to QUALCOMM and thence to me].

Mqurice