Nicholas Geti wrote: > Where do you get this stuff? Why in the world would China want to own > everything? Economics is a two-way street. I remember a few years ago > everyone was panicked that Japan was buying up everything is sight in the > U.S. Property in New York City was out of sight. All of a sudden there was a > big reversal. Japanese companies had to sell their properties at fire sale > prices because the world economy shrank and Japan went into a recession. > > China has enormous problems with their economy right now. Tremendous poverty > and wealth is not distributed fairly. Why would you assume that they will > continue straight up like they have been going? Everything goes in cycles. > They will falter in the next few years just like we do periodically. >
Let's say you're right. The who's going to keep buying your debt? How will you keep the current indebtment policy? You are already in economic trouble, imagine what will happen if your international credit gets worse. > ----- Original Message ----- > From: "Kristyne McDaniel" <[EMAIL PROTECTED]> > To: "'ProFox Email List'" <[email protected]> > Sent: Monday, August 13, 2007 6:21 PM > Subject: RE: [OT] Mexican migrant workers in Canada > > >> The next 'war' could be an economic war. If we keep going down the same >> path, China will be able to just move in because they'll own everything. >> >> Kristyne McDaniel >> http://www.tenajahome.com >> > _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
