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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (90461)1/15/2008 9:33:22 AM
From: TobagoJack  Read Replies (3) | Respond to of 110194
 
hello westpacific, give up all hope, resistance is futile, collapse for sure, because the discontent will rise from within, at the core, making every city a washington dc and everywhere more dangerous than iraq

pinning hopes on grain belt and timber as a 3rd world banana republic does may be fine for a banana republic, but cannot power an empire that will be rocked from its core, shattering a thrown together mish mesh of cultures at its incompatible foundation and basement and ground floor podium

as to smog and pollution, it is all but a phase, surely you remember such, and

as to banking system, as i had noted to you long ago, an invalid worry, and that citi will fall long before icbc does

as to supposedly rich americans buying trinkets, they will have to buy more socks when they start having to walk to work, assuming there is work left to do

there, feel better?

i do.

p.s. oh, and here, btw, from money rock hong kong and freedom mountain kowloon Message 24214117 , where we concern ourselves with true freedom as opposed to fretting over false rights, where we tally up our savings as opposed to getting all wrapped up in consumption, meaning dissipation



To: westpacific who wrote (90461)1/15/2008 4:08:20 PM
From: RealMuLan  Respond to of 110194
 
Crap aside, Chinese Communist government is not at all more corrupt than the US gov.; as a matter of fact, in some aspects, CCP is less corruptive than the US gov.;

Chinese banking system is actually healthier than the US banking system;

Pollution and smog in China? yes, they are pretty bad, but human being is adaptive. As a matter of fact, I know someone who gets used to the dirty air in Beijing, feel sick and uncomfortable when they live in the clean US countryside;

So thanks, no need to worry about the mess in China. focus on where you live



To: westpacific who wrote (90461)1/15/2008 5:16:06 PM
From: roguedolphin  Read Replies (4) | Respond to of 110194
 
The $1.4 Trillion Question
theatlantic.com

Stephen Schwarzman may think he has image problems in America. He is the co-founder and CEO of the Blackstone Group, and he threw himself a $3 million party for his 60th birthday last spring, shortly before making many hundreds of millions of dollars in his company’s IPO and finding clever ways to avoid paying taxes. That’s nothing compared with the way he looks in China. Here, he and his company are surprisingly well known, thanks to blogs, newspapers, and talk-show references. In America, Schwarzman’s perceived offense is greed—a sin we readily forgive and forget. In China, the suspicion is that he has somehow hoodwinked ordinary Chinese people out of their hard-earned cash.....

....The dollar’s value has been high for many years—unnaturally high, in large part because of the implicit bargain with the Chinese. Living standards in China, while rising rapidly, have by the same logic been unnaturally low. To understand why this situation probably can’t go on, and what might replace it—via a dollar crash or some other event—let’s consider how this curious balance of power arose and how it works.......

GOT YUAN/REMNIMBI????????????

(Great 4 page article follows!.....)http://www.theatlantic.com/doc/200801/fallows-chinese-dollars