Re: Is There A China Bubble? - abs
in response to
by
posted on
Apr 15, 2010 09:18AM
We may not make much money, but we sure have a lot of fun!
Abs being nimble in the market is far from schizophrenic especially if you subscribe to the notion that the market is being manipulated as a minimum by goldman sachs and possibly by the government through the fed. only free markest are rationally predictable ... manipulated markets are predictable only if you know all of the going ons by the manipulators ... lack of transparncy ensures we can not do that.
As for a China Bubble ... I do not see it as a bubble, I see it as the industrial revolution of China which was once an agrarian society like NA and is far from an urban society. Growth levels in NA during peak times were in the 10% plus for extended times ... of course that won`t happen every year or over a 50 year period but it can go on for 10-15 years before a blip.
Of course you must feed that with money and the government is the fueler ... as long as they sell more than consume and make more than they spend it is indeed possible to grow and continue to export more than you import hecne feeding not a bubble, but real honest growth.
Of course the real question is NA in a bubble ... continuing the consumption without production that offsets the spending on consumption almost assuredly ensures that to be the case.
The manipulation of our minds through the media ... the doubt about the stength of other countries etc etc are just further attempts by the fascist movement to keep us confused, disjointed and unable to form a united front to oppose the complete long term degradation of our living standards which is both intended and inevitable.
orgy