SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (14642)2/22/2007 2:10:28 PM
From: Elroy Jetson  Read Replies (2) | Respond to of 217588
 
There is a significant difference between China and Brazil which explains China's good fortune.

The Chinese save 40% of their income, actually producing a surplus of savings which is lent to other economies - such as the US and Brazil, both economies which import large amounts of foreign capital.

The income growth of an economy of savers is easy to understand. Rather than consuming their capital, they invest it.

By contrast, the income growth of a debtor economy is an illusion which in time is revealed as a farce.
.