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

To: Maurice Winn who wrote (51268)	6/13/2009 4:13:42 AM
From: elmatador	Respond to of 219809

Gents, seat down and watch how I give MQ a history lesson here. I am going even to give him a diploma, if he passes.

To: Maurice Winn who wrote (51268)	6/13/2009 4:24:35 AM
From: elmatador	Respond to of 219809

"India led to China. When the Europeans entered th Indian Ocean they found a flourishing network of trade linking Asia from the Est to west, from China, Japan and the Philippines to the caravan stations and ports of the Levant and East Africa. The intruders forced their way in. In the eighteeth century, European appetite for Chinese goods grew rapidly: Porcelains, which Europe did not learn how to manufacture until the 1720s, raw silk; and tea an addictive substance complementary to west Indian sugar." lets do small postings after small posting for MQ have time to grasp..

To: Maurice Winn who wrote (51268)	6/13/2009 4:35:10 AM
From: elmatador	Respond to of 219809

"These purchases posed a payments problem. The European would like to pay with their own manufatures but the Chinese wanted almost nothing they made ( locks and watches were a great exception). So the Europeans paid in bullion and specie, but that only shifted the problem: what could they sell for Spanish silver, Japanese and Brazilian gold? Not easy. The answer, of course, was to find something the Chinese wanted. This turned out to be opium, grow in Bengal and market-making as habit-forming. Here the British had a big advantage over the Dutch. In principle the traders of both nations had the rights to compete for this commodity. But the British used their growing political power in the region to squeeze the Dutch out - a major blow. The English, then, after starting with the Dutch, now moved well beyond them. More, they found themselves well placed to penetrate and pillage a far richer place than Indonesia."