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


To: Elroy Jetson who wrote (14676)2/23/2007 2:09:19 AM
From: elmatador  Read Replies (1) | Respond to of 217617
 
China cannot be compared to Brazil. Neither in terms of savings nor investments. Go back and read my analysis of China.

Message 23234177

see also the reply of TJ to it.

China grows on top of FDI brought back by the diaspora Chinese returning. China has NO POSSIBILITY to invest the savings.

see what they are doing with their savings:
Message 23294019

China need to send its abroad to create consumption to its overcapacity.

Brazil is accummulating reserves and it is not a debtor country. You are reading yesterday's news read today's. It is very dangerous for a person taking care of money doing what you are doing.



To: Elroy Jetson who wrote (14676)2/23/2007 2:23:08 AM
From: elmatador  Read Replies (1) | Respond to of 217617
 
widely held view of China as a nation of supersavers appears to be increasingly out of touch with reality—a shift that has dramatic implications for the global economy.

time.com

"Specifically, over the past year the Chinese have still been intervening in massive amounts to the tune of $15 to $20 billion a month to keep the renminbi from rising," said Morris Goldstein.

The Chinese Central Bank is buying the USD to keep the US buying their products.

The Chinese are not supersavers, nor super investors.

Thsi is the value of Elmat's thread: challenge the easy conclusions