SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (76661)7/21/2011 3:14:53 AM
From: elmatador1 Recommendation  Read Replies (1) | Respond to of 217732
 
China’s economic development “suffers from a serious lack of balance, co-ordination and sustainability”.

ft.com

If you read this together with the article below.

Brazil’s tale of two middle classes
Message 27506877

you discover that the old press is struggling hard to come to grips with what is happening in the emerging markets.

The theme is normal here: shirtless ascension to middle class.
The movement (tsunami I would say) of people moving to urban set up, the effects it cause in the world economy.

The press is forgetting that what too 400 years to happen in Europe, from end of feudalism to around 1900, happened in the US in 100 years.

In Brazil took 40 years and in China has taken- so far 2 decades.

A tsunami is not that you control and fine tuning.



To: TobagoJack who wrote (76661)7/21/2011 3:18:22 AM
From: elmatador1 Recommendation  Read Replies (1) | Respond to of 217732
 
And your pentup demand thing: China’s urbanisation rate is still roughly at the same level as that in the US a hundred years ago and it is likely that it will go up over the long term.

If urbanization is what drives economic growth your idea of pent up demand still to be fulfilled is correct.

Vale, the iron ore exporter, is also right when it says commodities cycle as 20 years to run still.