If you are looking for innovation out of China, I hope you are OK with a 20 or more year time horizon. It will take that long to train the people who can bring that about.
On Nov 17 09:38 AM finmah@yahoo wrote:
> If one were to follow your logic - the collapse of China and global depression. > The conclusion is quite meager - buy stocks around China's economy. > But didn't you just say that the collapse would finish off nations > already weakened by recession. I would say you should recommend shorting > if a global depression is coming. > > China is very large and more basic ala America in the 40's. This will > be the test if they are another export based economy like Japan or something > else. I am betting on the latter if one goes by history. They aim > to be the crossroads of markets. Watch their chip and biotech industries > they are getting tired of basic industrials. It will not take > much if a few tech companies explode out worldwide with innovations. > (We will still be debating vouchers for school systems). That > will change peoples mind from hanging around the docks to gauge sentiment.
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If you are looking for innovation out of China, I hope you are OK with a 20 or more year time horizon. It will take that long to train the people who can bring that about.
Nov 17 09:59 am
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All Comments by Tom B »Why I'm Worried About China [View article]
On Nov 17 09:38 AM finmah@yahoo wrote:
> If one were to follow your logic - the collapse of China and global
depression.
> The conclusion is quite meager - buy stocks around China's
economy.
> But didn't you just say that the collapse would finish off
nations
> already weakened by recession. I would say you should recommend
shorting
> if a global depression is coming.
>
> China is very large and more basic ala America in the 40's. This
will
> be the test if they are another export based economy like Japan or
something
> else. I am betting on the latter if one goes by history. They
aim
> to be the crossroads of markets. Watch their chip and biotech
industries
> they are getting tired of basic industrials. It will not
take
> much if a few tech companies explode out worldwide with
innovations.
> (We will still be debating vouchers for school systems).
That
> will change peoples mind from hanging around the docks to gauge
sentiment.