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

To: Elroy Jetson who wrote (2475)	5/21/2019 12:37:02 PM
From: robert b furman	Read Replies (1) \| Respond to of 13801

Yup, That is exactly the point. Work for the sake of keeping people busy more often than not will be wasyed resources. As a huge yet emerging market country that is the last thing they should be doing. The world has a finite amount of resources. Those countries that utilize their finite resources the most efficiently, will have an increasing quality of life style. After China has wasted trillions on excess factories, Competing countries will be able to displace China as viable competition. They will not have the burden of the excess carrying costs of the factories. Open market based pricing and rational resource allocation may at times go errant, but generally keeps most trains on the track. The politburo of the People's Communist Party will swell their heads and lead them into poor policy decisions. Look at the mess ACA created when government started deciding what all should be covered in a health care policy.