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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (1817)	1/31/2019 3:11:39 AM
From: elmatador	Read Replies (1) \| Respond to of 13803

China GDP growth has been western dependent Once the Western economies tanked in 2008-09, the Communist Party needed to implement, the 2008–09 Chinese economic stimulus plan at RMB¥ 4 trillion (US$586 billion) to keep GDP in line with its Five-year plan targets. China's desperate to reach a deal with the US. Just as the Trade War started biting: "The Chinese government is ramping up stimulus plans to keep the economy moving along amid mounting pressure, planning more than 2.5 trillion yuan ($370 billion) in tax cuts and infrastructure spending while also encouraging wary banks to extend more credit." asia.nikkei.com The Communist Party's bosses can even decided to throw Huawei under the bus to get a deal with the US. It is not China that causes recessions. It is the rest of the world that threatens China to stop growing.

To: John Vosilla who wrote (1817)	4/8/2019 5:04:58 AM
From: elmatador	Read Replies (1) \| Respond to of 13803

John, concerning Jojo the fake black medical applicant you posted in the other guy's thread You don't know how much this is true worldwide. As a diploma became an asset for social mobility, everybody want to have a go at it. In Brazil a friend of mine told me, the problem is only to pass the entrance exam. Once inside you will ge tyour diploma any way or another. As a result, the guy looks to the diploma that generates more cash even if he is not good. Case in point Jojo. But I have seem many Jojo professionals of the medical profession in Africa, Brazil and Indonesia. Not in Saudi Arabia as they attracted the good doctors. Why I understand shoddy professional of fast growing countries. Back in the 70s Brazil skyrockted and there were much more work than professionals to fill the positions. When that happens, the businesses -across the whole economy- are populated by lower level people. Businesses got what they could lay their hands on. Out of a suddenly, the country is in a period when everybody has a couple of years of experience. Eventually, they learn by doing -or fail altogether and get out of the profession- and after 10 years they had made all the mistakes they could do and got competence.