The China Bubble

[steeldust]

Quote from yeayo:

I suggest you start smoking, or snorting...whatever floats your boat cause you sound like you've been takin in by the hype. Its just so tiring to hear China mentioned 1000 times a day on CNBC, the facts don't support the hype.

cnbc is all about hype. thats their job. how often have you heard its timeto sell? i dont think they are allowed to. is bloomberg tv any better? i only get cnbc right now.

 

[drsteph]

Quote from libertad:

Playing fields are level...when governments are level...

Communism = forced labor....As money rises, communism will waiver and fall down hard...

The standard move is communism..capitalism...then socialism..

There has been no major shift from muslim monarchies to capitalism...There is no mixing of muslim..capitalism...as in US capitalism...The muslim monarchial nations have been around a lot longer than the US...and now have a lot more...nuclearly protected oil control...soon...as in Iran-Iraq..

One thing for sure..China´s communism will not stay constant if capitalism sets in...Each province assigns monopolies at this time via local government official´s approvals...

Its safe to say that the US populous will go in an old European direction such as Italy or France..

And its also safe to say China´s labor costs are going to go up...

Hmmm... not sure about that libertad. China may be able to keep iron fisted control of the population through buying them off with shiny baubles & much improved standard of living. Any parallels you see there?

As far as US going the way of Italy or France; while you were never going to get rich in either country (unless you were particularly motivated), the quality of life was, if I might suggest, probably better than the States. If this is to be our sunset, its not quite such a bad one.