In her head, obviously.
More Great Economic News
- Thread starter sandy
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A bit dangerous that one. When America sneezes we Europeans catch a cold. Take the long-term view and buy yen because the Chinese are catching up fast and may overtake us in the not too distant future. We are all helping by buying imports from China, which are the products of sweated labour.
Buffalo Roam
Registered Senior Member
Chians has one problem, 1,315,844,000 people, and it isn't going to get better.
Do not be too hard on Sandy, who as you note is not very Christian, as I and others have noted is very ill-informed about how dollar falling and inflation raise price of stocks and Gold while tending to lower their value (purchasing power). Sandy is so wrong so often that I now doubt the implied sex and attractiveness.
SUMMARY: Sandy is probably some male teenager in the Bronx with such a bad case of pimples that HE cannot get a date. That may be wrong. - Perhaps Sandy really is a drag queen, bored during the day, with nothing better to do than pretend, so he hangs out here pretending to by multi-millionaire, moviestar look-a-like, buying up real-estate and gold, etc. by the millions.
This came to mind while reading your post:It makes you crazy that I'm hot, smart, rich, and happy, doesn't it? And the fact you will NEVER have a chance with me.
[Chorus]
Dont cha wish your girlfriend was hot like me
Dont cha wish your girlfriend was a freak like me
Dont cha, dont cha
Dont cha wish your girlfriend was raw like me
Dont cha wish your girlfriend was fun like me
Dont cha, dont cha
Dont cha wish your girlfriend was hot like me
Dont cha wish your girlfriend was a freak like me
Dont cha, dont cha
Dont cha wish your girlfriend was raw like me
Dont cha wish your girlfriend was fun like me
Dont cha, dont cha
You error. That is their strength. Why in a decade or so, China can tell US and EU to go to hell. saying: "We do not need to sell anything to you. We do not accept your worthless green paper any more."
I.e. with that large population, the middle class is growing by about one million in numbers EACH MONTH and each of them is essentially debt free, with no credit cards yet domestic sales grew 18.8% YoY. Now that China is opening up the banking system to western banks (Usually only as minority owners, but some banks have been sold) credit cards are being introduced. and Chinese are learning to use them, buy more and better things etc.
China is the main market for many luxury goods now as some are very rich and huge fancy stores are opening in all the major cities. Price of pork is up nearly 60% YoY and all are eating better ("higher on the hog" as I think you too might put it given your age and farm background i.e. more pork loin and less pigs feet.) In 2007 the Chineses economy was again booming, unlike that of the US which is sinking into recession (and much worse I think - just as I correctly predicted in many posts long ago all that is now happening.) In sharp contrast to the US the middle class living standards in China are rapidly rising. Also in sharp contrast is fact US is cutting interest rates trying to boost its economy while China had to increase them and or bank reserves six times during 2007 alone.
SUMMARY: Stick to guns, military things and farming etc. that you know well. Your analysis of China's problem is exactly wrong. China's well-educated, large, hard-working, etc. population has only one major economic fault. - They need to be taught how to go into debt like Americans - to stop saving a double digit percent of their salary, stop living 6 to a room far from their wifes, stop wasting their nights by studing after work when they could be out drinking and otherwise boosting the internal demand. They will learn. - The whole of western business world is there now instructing them about use of credit. The bankers are good teachers who are now sending out credit cards (with explainatory sheets as only 3% of the Chinese know what a credit card is.)
These western bankers are selling parts of their financial institutions in US (at rate of several billion every week now) while buying into banks in China. They know that China is where the credit market is booming instead of collapsing. Watch what banker actually do with their own money, not what they tell you about the "fundamental strength" of the US economy.
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If that's their strength, what effect do you see their one-child policy having over the long term? Will we see their population cut in half? And what about the wide spread female infanticide and abortion of female babies? Wouldn't that serve to further aggrevate the potential demographic problem they're creating for themselves?
Buffalo Roam
Registered Senior Member
Dam Mad you beat me to it.
Yes the sex (mal-) distribution is already a problem. The one-child policy has not been universally applied. Their population is still increasing and that obviously takes 2+ children per couple in the long run (although the rising living standards does include better health care so even a declining population that lives longer every year can be growing in the short term) Note very important as China switches to an industralized country is the fact that longer lives means better return on the educational investment. A weak old farmer was not an economic asset but even an old weak space scientist is.
Summary: China needs to reward birth of girls. Long held ideas die slowly. That weak old farmer had lots of sons for a reason than no longer applies and his attitiude will not easily terminate, but female infanticid must. China should differentially tax* male and female births, but the large longer-living population is a real asset even with the sex imbalance. Many once rural husband now live in cities hundreds of miles from their wives and see them only once each year. They save at least 40% of their salaries, so their children can go to better schools etc. The growth and quality of China's educational system is rapid, with distance teacing by experts, Western Trained professors etc. The official goal, with large budget backing is: 50 university centers "Harvard or MIT quality" in this generation. I had thread on this a year or so ago which named some names of first rank professors China had "bought" form MIT, Princeton etc. They will do this. They now are orbiting the moon via local talent.
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*Much better than a "quota of one" system, which was unenforcable in a country with bribes as part of the culture. I.e. if the rich want 8 children and educate both sexes well, then that is a gain for China. As they can now just pay the bribes, that is sort of the system China has.
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It makes you crazy that I'm hot, smart, rich, and happy, doesn't it? And the fact you will NEVER have a chance with me.
Gold going up means if I sold mine for $859 today after only paying $400 for it, I would have done VERY well.
why would anyone want to have a chance with you. you shown yourself to have a goose egg in the personality department
Yeah, all my love, joy, excitement, humor, and happiness sure bothers you, doesn't it.
Or is it the fact that I can spell/punctuate?
Most men don't give a cr@p about women's wonderful personalities. It's all about looks at first...
True and that probably explains why you have spent so much time here where you can not be seen. (Currently averaging 16.44 posts per day! Bt way of comparison, My current average is 5.05 posts per day, less than a third of your as I do have many stocks to follow and other things to do.)
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Yeah, all my love, joy, excitement, humor, and happiness sure bothers you, doesn't it.
Or is it the fact that I can spell/punctuate?
Most men don't give a cr@p about women's wonderful personalities. It's all about looks at first...
So why put your body on display on your website ? I see you can spell punctuate but not crap.
Just off to take another peek at you
kmguru
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