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

To: TobagoJack who wrote (139230)	2/12/2018 5:14:09 PM
From: Elroy Jetson	Read Replies (1) \| Respond to of 217523

Nothing fatal. It's just like the US 150 years ago with waves of capital coming from Europe to build railroads, canals and invest in new farmlands and cities - each followed by ensuing panics, bankruptcies and crashes, and yet another wave of new capital. Between 1847 and his death in 1870 my great-great-great-grandfather participated in this investment in America through Nathan Rothschild, in addition to investments in Europe. - sites.utoronto.ca My great-grandfather and two of his brothers founded a town in Arizona before returning to Europe and my Great-grandmother finally moved to the US permanently and built a home in a rural community in what's now West Hollywood. As China will eventually, the US slowly evolved to a place relying on their own capital markets and investing in emerging economies as Europe has done - but that's still mostly off in the future. Apart from times when Europe and the US decided to destroy themselves in internal wars, they've been very nice places to live. We'll see if China's internal turmoils are all in the Great Leap Forward past, or if there's more to learn. I am frankly surprised though by the Chinese government promoting the sort of imperialist "foreign aid investments" which the US and Soviet Union specialized in in the 1950s in Latin America, Asia, Africa and the Middle East. -- It's just so retro and startling, like seeing a group of 1950s automobile drive past. I guess if it worked 70 years ago it will work again because China is working with the grandchildren of those who got trapped in these foreign aid schemes back then. But the people in these countries will end up resenting China and China will inherit the whirlwind like those before them did. Nobody learns and everything is new again, just like periodic bubbles and crashes.