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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (83733)	8/24/2008 8:26:53 PM
From: dave9	Respond to of 116555

China Fulfills Its Wish for Olympic Domination - NY Times. Chinese set the new athletic standard - National Post, Canada Chinese take the Olympic Games to a new level - Telegraph uk, uk The achievement of China - Chicago Sun-Times I believe you are wrong on China, Mish. China does not care about Beijing shopkeepers. Or that savvy business travelers avoided Beijing. (I remember canceling meetings/projects/travel anywhere near Atlanta weeks before, during or weeks after that one). Or that the Olympics caused nearby Beijing (that caused other plants to shut down) businesses to shut down to reduce pollution. This alone should cause a downturn for Chinese business. The Chinese are going to strut around for a while. If they really want to recoup their financial losses they will invade/occupy some nearby country. Like Taiwan, that other China. Than they will go North for natural resources. Probably visit Japan for some payback. movementarian.com