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


To: Maurice Winn who wrote (67996)11/11/2010 6:08:14 AM
From: elmatador  Read Replies (1) | Respond to of 217734
 
China Government need people to spend money. They do not know how to do it.

As they morphed into capitalists, forced by the collapse of northern neighbors gone to the dogs, they intended to have government with money.

For example: You have a PLA to sustain and that needs a lot of money.

You have a the higher echelons living standards to be kept. They were successful beyond their early envisaged.

Now they need to let that money flow but they are hogging it.



To: Maurice Winn who wrote (67996)11/11/2010 6:10:21 AM
From: elmatador1 Recommendation  Read Replies (1) | Respond to of 217734
 
Let's plot how elites will lose this time around. TJ's wrong. "The elites get hurt only by way of revolution, by losing heads and gushing blood."

USSR fat cats collapsed and heads did not roll.

China swiftly morphed into capitalist and its elites are there...

US is now looking for that outcome. Cutting 4 trillion is on the cards.

That means middle class decimation.



To: Maurice Winn who wrote (67996)11/12/2010 6:07:27 AM
From: elmatador  Respond to of 217734
 
Who are the masters of wayo: "UK businesses must follow suit to compete on the global stage, say experts"

They are good. They are good!

HSBC takes the lead in IPv6 adoption
pcw.co.uk

I can spot an wayo from Earths orbit!

This is going to be big. Big real big!
I can hear sounds of cash being raked.
Message 26956808



To: Maurice Winn who wrote (67996)11/12/2010 11:56:55 AM
From: elmatador  Respond to of 217734
 
“If you had an Asian or Brazilian in the job, it would be very big in convincing countries that the IMF won’t screw you when you run into trouble.”

The Next Head of the IMF Will Be…

By Bob Davis
The communiqués from the prior two Group-of-20 leaders’ summits pledged that the next head of the International Monetary Fund would be selected in an “open, transparent and merit-based” process.

Translation: Don’t expect the next IMF chief to be a European, as it has been since the institution’s founding.

But the Seoul summit communiqué is silent on the issue. What gives?

Former IMF Chief Economist Simon Johnson says the silence is significant. It means that the G-20, which has enough votes in the IMF to install anyone it wants, isn’t making any promise on a non-European. He figures that was part of the deal to convince Europe to give up two seats on the IMF’s 24-person board recently as part of a shake-up of IMF governance to better reflect developing nations. An IMF spokesman didn’t immediately comment. One negotiator said the absence of the phrase didn’t mean a change in the G20’s commitment.

“The IMF managing director has such power and discretion,” Mr. Johnson said. “If you had an Asian or Brazilian in the job, it would be very big in convincing countries that the IMF won’t screw you when you run into trouble.”

blogs.wsj.com