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

To: Ilaine who wrote (23691)	10/8/2007 8:58:01 PM
From: elmatador	Read Replies (1) \| Respond to of 218863

The growing problems China faces now is this: I refere and quote Dr. Vodoo posting: Message 23944962 "In fact, this is quite the cottage industry, springing up all over town in shanghai, complete with burly expats from the u.s., germany etc... many of which are fluent in the likes of shanghainese..." ELMAT: Those expats most likely are cowboys lookig for a qquick buck and run. I had one friend of mine -working for a multinational-that had a home production of pirated porno movies. Pornographich materials in China is forbidden importatation difficult and carries jail penalties. Because I know the expats crowd very well. I am expat for 24 years already. "Furthermore, there are likely more than 200 biotechnology companies in china at present. Albeit, manufacture of plastic crap used in the medical industry may indeed qualify as "biotech"....." ELMAT:Most likely, early retired, former expats trying a fly by night operations. It is like the wild west, where advebnturers come to make a quick buck. "The fact that there are no fewer than 3 companies working on the development of oral insulin, should indeed astonish. Both for the brass tacks that it takes to tread over ground well trodden by the best and the brightest in the world, as well as for the simple fact that these endeavors are flush with cash, acquired from every creative financing network that one can imagine." ELMAT: This points to the need to go up market and make a killing. but note!!! Companies usually go to China to outsource production. Why are those 3 companies trying to do there? That's what bugs me. What do you have there that other western country doesn't? That very operation sounds fishy to me. Perhaps an industrial espionage is going on there "In addition, one only needs to realize that soon we will all be flying to China in jets made by Boeing with parts made in China. This fact in and of itself, you must learn to sit well with as you read trade mags in the friendly skies. For the pot metal has been used up in cheesy lamps, and not as part of the ailerons." ELMAT: This here means any company that wants to survive, needs to be subsidized by the cheap labor to make the parts. "Examining how we arrived at this condition, is not only instructive, but enlightening. If one wishes to feed the chinese, one cannot come without a fishing pole, bait hooks etc. Otherwise, they don't seem to be very hungry. ;-)" ELMAT: This statement shows, that the Chinese themselves, don't know that outside their borders the industrial revolution is unravelling.

To: Ilaine who wrote (23691)	10/9/2007 5:03:21 PM
From: Maurice Winn	Read Replies (3) \| Respond to of 218863

The jargon "excellence", "promotion" and "innovations" were not in fashion back in the day. <Genghis had a passion and a genius for recognizing excellent people, and promoting them, and excellent innovations, and spreading them. > Of course he had a gang and the gang had to be tough, smart and committed to him absolutely. So he'd get those people on side to suppress and conquer and rob the rest. That's how life was everywhere around the world. Libertarian ideology hadn't been invented. Life was genealogical, tribal, genocidal, based on found wealth and confiscation from agriculturalists. He was a slaughtering monster who rampaged as far as Turkey and into northern Europe. Megalomaniacs like him don't have a chance against freely-trading individuals who have mutual self-defence. Unfortunately for democracies, the electorates steal from the productive which ends up more debilitating than a totalitarian dictator conqueror who leaves the productive 90% of their production instead of stealing half of it which is the democratic norm these days. It's quite conceivable that democracies will vote themselves out of existence as people escape to places where capital and individuals are respected and not robbed by the voting indigent. Not that many such places exist and not for any length of time. NZ has been on a self-destructive trajectory for decades; gradually, and it was bad back then too, so things are relatively better than then [in many ways, not counting violent crime for example], but vastly worse in comparison with countries which were far behind NZ 40 years ago but are now far ahead. As TJ says, Hong Kong could buy NZ with spare change [which might not be a bad thing - I'd consider selling] The USA also seems to be voting itself downhill. US$ sliding for a decade. Debts up to the neck. Bureaucratic spending at world record levels. Income at world record levels too, so it's not all bad. But freedom isn't really on the march, as King George II claims. Freedom in the USA is a pale imitation of its previous incarnations [in many respects, though the draft, aka slavery, is no longer in force]. See "A dog to its vomit" for example. fredoneverything.net Fred bemoans many lost attributes of freedom. India spent half a century voting itself poor, blaming the British of course, but have lately stopped moaning and are taking more responsibility for themselves. It's funny that they moan about the British who gave them all sorts of advantages, not the least of which was English, which opens the door straight into serious global cash flow. China is belatedly trying to catch up on English. While India was ditching English [which was a stupid move] ramming local lingo down the children's throats, and keeping socialist kleptocracy in charge, China was going Gung Ho on capitalism. So China zoomed ahead. The son of Indian friends stepped into Google thanks to being an English speaker. A local yokel, even if brilliant, who can only speak Mandarin or Hindi doesn't have a chance. The son of a Peruvian friend stepped straight into Microsoft and is in charge of making the artificial intelligence in Halo. Google, Microsoft, QUALCOMM and the USA are far more successful than murderous confiscators like Genghis can ever be. Libertarian ideology is what leads to success. To the extent that countries adopt it [which is to a limited extent] they do better. I doubt that China will catch up because they operate still on Genghis Khan principles. Even now, today, they are planning murderous attack on Taiwan to take by force what they want. They invaded and conquered Tibet. They shoot escapees. I note that the Indian and Peruvian didn't go to China to work for some great creative company there. Because there aren't any. They have a chance to get into 450MHz OFDM and succeed globally and make mega umpty$billion, but instead are going to "invent" [meaning steal from QUALCOMM] TD-SCDMA to create a local standard to keep the foreign-devils at bay. Dopey, but that's Genghis Khan "thinking". They think threatening Taiwanese is a much better idea. Mqurice