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


To: TobagoJack who wrote (35806)6/16/2008 9:08:27 AM
From: elmatador  Read Replies (2) | Respond to of 217469
 
Are they making land in HK? No? Then buy it because they stopped making it long time ago.

TJ, we've got 8.5 million Km2 of the thing. 184 million people on top of it. They are not doling it out F.O.C here.

Now mainland had about 7x more than we have here, and there is only one HK there...

Need to think in terms of:

what people do when they are $500 per capita income.
what people do when they are $1.000 per capita income.
what people do when they are $1.500 per capita income.
what people do when they are $3.000 per capita income.
what people do when they are $6.000 per capita income.

Look again to that 1.3 billion, and plot how they react as their income keeps climbing.

I understand Brazilians and how they buy stuff. They catch up with the consumption they had not done.

First money they get, they buy stuff they need immediately. It means they get dental treatment.

Then chicken and Yougourt climb.
Then they start making parties for kids, for birthdays
hen they start repairing the house, painting, roofing, windows...
Then they buy cars.
Then go build houses
Then they start going on holidays
Then they start buying tickets for shows of old singers and rock groups

Based on that you can plot how the Chinese will react as they move up the income ladder.