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

To: TobagoJack who wrote (108606)	2/21/2010 2:41:29 AM
From: Hawkmoon	Read Replies (3) \| Respond to of 116555

Hong Kong would be blessed – Hong Kong is very convenient for any and all in Beijing, You'd better HOPE AND PRAY that the US and China never come to armed conflict. What that happens, HK's usefulness as a economic "pipeline" to western trade and finance will then become a threat and your "island of freedom" will suddenly become your "prison of despair". You can..... youtube.com ;0) Btw, did you notice we're not buying as much Chinese stuff? Down something like 15% in 2009. Do you think this will improve in 2010 and beyond? If Mish's scenario plays out, I would doubt it. We'll be looking at even more unemployment and the political hue and cry for protectionism is going to become difficult to ignore by US politicians. This will replicated in Europe as well. So who will China sell their stuff to? Btw, do you agree with some of the market pundits who are suggesting that China is an in a financial bubble that is growing increasingly closer to collapse?? bloomberg.com (ii) In such a boom, the propertied class would naturally zoom ahead of the carpet beggars and righteous so. youtube.com I hope you don't have the occasion to learn first hand that those with no property often have nothing to lose in taking that property from you (or burning your property because of your bourgeois attitude) To be politically correct on universal suffrage is to open the gates of hell and let loose a corrosive and always wanting monster. Never forget that the poor always outnumber the rich.. And since most rich people have no clue as to how to defend themselves (or eventually lose that knowledge), and they rely upon paying others to protect them, they will always be vulnerable. I think it's safe to say that the soldiers in the PLA are not particularly keen on defending a increasingly indifferent financial elite. In fact, I think this kind of the same thing that brought on the "Long March" in the first place, is it not? Hawk