Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RealMuLan who wrote (83859)	8/27/2008 1:26:58 PM
From: benwood	Read Replies (1) \| Respond to of 116555

China is responsible for all the pollution transferred there from abroad. And it is not unexpected that their history involves some of the same stupid and costly environmental shortcuts as transpired in the West because the are human, too, so greed, short sightedness, selfishness, denial, etc. rule the day. The main difference is in the level and toxicity of modern manufacturing's pollutants -- many dwarf the mess put out in England in the 18th century and the US in the 19th century. China's bad. It's a terrible legacy to leave behind. Just one look at the incredible messes here and there in the rest of the world and one knows the price that will be paid, eventually. My longer term prediction is that China will have a major hiccup soon, also following the boom/bust/boom pattern seen in other countries in early industrialization stages, and after this early bust (already starting to happen I think) there will be a great opportunity for investing there. I'm thinking 1 to 2 years from now will be a sweet spot. And I think they will do well. For the US, we are at a crux not unlike England when the US began to eat it's lunch. With good leadership, we could yet have another good boom cycle. However, the legacy of the horrific blunders of the past few years will be one gargantuan ball and chain. The best chance in the US is if others stumble right now; otherwise, we'll be swimming in a rip tide.