Beach Bubba

China Tries to Solve Its Dollar Problem

".....The biggest impediment to an internal demand driven, sustainable consumer centric socity in China, is the Chinese Communist Govt itself."...

Have you looked recently, China is hardly a "Communistic" society, Rice paddy farmers are watching their stocks on LCD displays at the town square. I visit third world countries on a regular basis...what I see, not only Chinese products on every market level...Chinese cars are being displayed and sold in Mexico's department stores....with in-house financing. Then, look around the small Chinese merchants, rice kitchens, market stalls, are everywhere...most are so new to the respective country they can not even speak the local language beyond the concept of money exchange and inventory. These Chinks are new arrivals and they are everywhere and more on the way. China is an Oligarchy and with some pretty smart people at the top. USA, your children need to become proficient in Mandarin, Spanish, and whatever it is the Nigerians and other African emmigrants speak....look around.

ETF Update: Absolutely Nothing to Love

Flower BBQ needs to go back to school...he can not even spell his name right.. <Nafta shipped jobs to Asia>, come on, give me a break. USA trade unions and fat plain envelopes from stinking lobbiest to greedy politicos are what shipped the jobs overseas. The Clintons and both Bushs are the villian, prime....then congress and the state dept. Nothing has changed for the better. Time for a French or Mexican Revolution...take your pick....Neither was good for the folks in power...blood in the streets will save us. Or vote your way out of this mess...Hah, hah, hah, on that.