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

To: Snowshoe who wrote (19931)	7/2/2007 9:14:18 AM
From: elmatador	Respond to of 218840

30% of all corporate profits in the US comes from finance industry. This is finance-based economy. The US farmed out all stuff that needs metal bashing, rolls of people in an office keyboarding, and all that transport, use of energy, warehousing, etc etc... They just handle the money. Brazilians, Chinese, Indians and Russians don;t know how to handle money. Better to leave that for the people who knows it. In short: own the mney, but let others make use of it. Chinese concentrate in indutry and we concentrate in mining and farming. The effect in the US economy is to act like Switzerland, where all that money at hand, Swiss use to finance houses and subsidize cows... If those farm, mine, industry countires take the money way, what are they going to do with it? They don't know how to handle it.