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


To: KyrosL who wrote (41468)10/17/2008 10:57:40 PM
From: TobagoJack1 Recommendation  Read Replies (2) | Respond to of 217817
 
<<but are its leaders bold enough to take the steps required to spend those reserves with abandon?>>

... wrong question.

the right question is "are its leaders bold enough to hoard those reserves without a care?"

the rural development scheme, now kicked off with land reform (allowing transaction of farm land), will do absolute wonders if done correctly and go more rather than less smoothly.

the global financial crisis is god-sent for all politicians, for the event allows them to do anything they please. the issue is which group of politicians know what they wish to do (leadership as opposed to reaction). on this point, i believe there is not a need to worry about china.

what the usa is trying to do is to paper over everything so that one more round can be had, and this is why i figure the true global crisis, the ellipsoid centered on new york and washington, is perhaps 5-10 years ahead of us, set up in part by what is going on now.