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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (70199)	8/15/2008 2:36:34 AM
From: TobagoJack	Read Replies (5) \| Respond to of 74559

most interesting development in hindsight predictable i think the indians will find out the hard way that - 'stealing' the empire's resources is unwise - coal is fungible, and will always go to the highest bidder - hiding behind the skirt of one-man-one-vote while enjoying a feudal caste system and about to enter into a faith based internal conflict will not enable a good performance in geo this and politics that - what happens when the chinese bid to control a london listed indian firm that has coal resource in the usa? - if ibm can fall, peabody can fold, and both are good for the money - whereas citi and blackrock are clearly waste products - i believe the chinese are now reluctant to buy stuff in usa (as opposed to stuff that can be moved lock, stock and basket - ibm) because the view is bad times are coming, where the social mood will transition to bad and worse and worst, and that might disturb the normal flow of goodness and usefulness - in equal opportunity hong kong, folks try to pawn usa real estate vulture fund here in hkg and barely get a listening to, whereas the stuff in london, equally dire eventually, gets a sniff - i do not know the reasons, and am only observing that there is a different attitude towards 'everyday' real estate - as if the stone structures in uk is somehow more worthy than the stick constructs of usa