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


To: KyrosL who wrote (50888)6/3/2009 4:03:20 PM
From: TobagoJack  Read Replies (1) | Respond to of 217543
 
if you believe trade will stop, you should be upping your allocation to gold

china 'dependent on trade'?

you mean it absolutely needs to print rmb and have others accept it - that sort of dependence?

or do you mean it makes stuff that are worthwhile to somebodies who in turn are willing to let go of the stuff which are required in making the stuff?

do you believe that any foolish officialdom or more ignorant electorate tribe will stop digging up their ground to exchange for trinkets of varying levels of sophistication?

trade, kyrosl, will continue, just less and less denominated in wastrel dollars, and so requiring less and less of that variety of ponzi lubricant snake oil, and will do so at a pace determined away from the washington-nyc axis, as it has been.

china is a very poor country. it does not need to return to being a very poor country. it is returning to its natural level, and still remain far from it. the basics of trade is the foundation of peace, education, astute leadership, savings, investment, culture this, and ethnic that, etc etc. those are the basics of prosperity, not how wide a river is or where a tall mountain happens to be.

accepting stratfor analysis and worshipping to fox tv are the required acts of wastrelism. do not do it.



To: KyrosL who wrote (50888)6/4/2009 3:22:14 AM
From: energyplay  Read Replies (2) | Respond to of 217543
 
China has pretty good mineral resources compared to population.

There's also Siberia and Mongolia, which need market for their resources.

There is a reasonable amount of water and food to support the current population.

Energy in the form of oil and natural gas is an issue, but that's true for many nations.

If trade went to zero, Japan would be hurt much worse.