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

To: 8bits who wrote (70014)	12/27/2010 5:09:02 AM
From: TobagoJack	1 Recommendation Read Replies (1) \| Respond to of 217652

Russ sold out on gold circa 2005/2006, a tragic move. He has been on a "crack up" boom premise for some time, and in so far as I gather, did not benefit by being correct but for timing and follow-on consequence. Bummer. Re china conditions, the one possibility china bears overlooked is that china is one own trajectory, helped in launch by American wastrelism, but not essentially powered by such wastrelism. To think that china's continental economy is powered making underwear and Christmas trinkets for america on what in tiny effect is tiny net export (buy raw material and intermediate goods, do assembly, then re-export) is just precious. America's effect on china via export n investment is just but no more than gravity-assists. Most of the early china-bound foreign direct investment was done by overseas Chinese from hong kong and Taiwan, having naught to do with USA except for easy customer engagement. The later and latest china-bound fdi is mostly from 'round tripping' of china enterprises' own retained but off-shore earnings, all earned from engaging with globally grateful customers. Re china real estate, the nation is the largest migrant nation on this planet, and this condition of massive, rapid, and quantitatively unprecedented urbanization is not present in the other Bric nations. 64 mil empty apartment is utter balderdash crappola befitting only the likes of nyt and wsj. The same papers reporting years earlier about how china energy consumption give away the lie that china was growing at all. The funny thing about that sort of sorry establishment corporate media is when oil, coal, uranium ramps their behind at sky high prices, and they yelp, "china buying up the world". Summation, the writers for that ilk of media are cretins. Sure, of the market economy apartments that have been built, they are not cheap enough for everyone who needs apartment. Social solution is based on the hong kong / Singapore model, social housing. Hong kong n singapore are both ranked tops in genuine freedom, economic freedom, as opposed to rubbish round robin demorepublican parties taking turns to do rude things to the people by the people.

To: 8bits who wrote (70014)	12/27/2010 9:39:41 AM
From: TobagoJack	1 Recommendation Read Replies (3) \| Respond to of 217652

A few more points comprising my current thoughts, in cogent bullets - china in choreographed re-balancing - success vs failure shall prove material to row - trying calibrated inflation via wage cost push spiral - wages could go up by 20-30% per annum in nominal terms - wages could go up by 10-15% per annum in real terms - food as component of spent could go down - housing price to taper even as housing construction would go up due to social housing schema - western / inland/ rural china shall pickup development pace - greatest migration in human history should continue - GDP could continue to grow at 9-13% in real terms - currency would rise, but in modulated way - export value-add and tech-add should go up - none of any of the above would have much to do with where team USA chooses to buy its underwear from - 600 hundred years of pent-up demand shall be sated w/i 60-80 years Am engaging with efforts to help the new sovereign to disburse its blessings, and am astounded at alacrity / enthusiasm of the new sovereign. So wonderful to see that the world shall be saved by the next wave that pushes out the has-been wave. Russ winter should not have renounced his gold faith at less than 1/2 of current value. He should not even consider renouncing gold faith at 2x current value.