"MacHamish" <russj41@concentric.net> wrote in message
news:auleq0hikvriqcctg0idk2ed2mk984snc9@4ax.com...

> >>
> >> On the contrary, it's very smart.   We're showing them the way .
> >
> >LOL!
> >I don't think the US is 'showing' them anything along those lines these
> >days.
>
> Well, of course.  You wouldn't.  Nice snip, by the way.

One does try. I don't think it was out of order really though - it
summarised what you said fairly accurately.

>
> >What on earth could they possibly learn from you?!
>
> From me personally?  Absolutely nothing.

I think the English language is lacking a tense somewhere. The only way to
say what exactly what I wanted to there would be to use the Scottish 'yooz'
which I frequently do. Of course I realise that I could restructure the
whole phrase to convey the meaning but 'yooz' is so much more succinct and
fun.

>From the Western way of doing
> business?  A lot in areas such as finance, management, manufacturing,
> service and support, marketing and advertising, distribution, etc.  Not to
> forget the power of the free and sovereign individual pursuing his/her
> rational self interest (as opposed to being a cog in the wheel of the
> State).

I absolutely agree - pity your government doesn't seem to understand such
basics eh?

 >Taking over Hong Kong must have been a real eye-opener for the old
> Maoist members of the politburo.
>
> >The Chinese government just two days ago publicly criticised the
> >irresponsibility of the US economic policies whilst their own economy has
> >been expanding at about 9% a year for a decade now.
>
> Cheeky of them, wasn't it?   But how impressive is that 9% a year when
> considered in light of the low base from which they started?

True - but it's still impressive IMO. And 9% is a fairly conservative
estimate too - I think some claim 15% - with compound percentages that's no
bad by any standard.

  But it is a
> start, and a good thing.
>
>
> Yes, what upsets the "international community" is that it is becoming more
> difficult to exploit the USA's open markets while practicing protectionism
> at home.

No it isn't and you know it.

> >We're
> >> also opening up an enormous new market for our own products and
services.
> >
> >You wish. You obviously don't understand the Chinese.
> >Not that I do either, but I know enough to realise that you have in fact
> >opened up an enormous market for their products whilst they are not
buying
> >very much at all from you and are unlikely to do so in the near future.
>
> Nonsense.  I can't be arsed to look up the numbers, but US companies (and
> others) are doing a lot of business in China and will do even more in the
> future as the Chinese population becomes more affluent.

Well - that's (literally) pure speculation on your part- same as on mine -
time will tell.
But the US is effectively bankrupt anyway and I notice that just today China
has drastically scaled back it's purchase of US bonds. Not a good sign for
you (yooz).

> It's certainly true
> that China is selling more to the US than it is buying, but that imbalance
> will change over time, especially with the USD at these lower levels.

You hope. I was mildy serious about the 'Chinese mind' earlier. They are
notoriously resistant to buying outside finished goods. The British had to
go to *war* with them just to persude them to buy our opium FFS. It was top
quality Afghani opium too (the same stuff that is again being produced at
record levels since the US invaded by the way)
The dollar again dropped to record lows against the Euro and the Kiwi dollar
today too - Did you notice?
Strangely, Kiwi exports to the US went *up* again last month despite the
record low US dollar/Kiwi dollar rate.
Kind of blows the received wisdom a bit doesn't it?
Who knows? We live in strange times.

> This
> is assuming that China's markets will be relatively open.

That's a *big* assumption. See above.

> Here's a tip.  Invest in commodities.  China is going to need a lot of
them.

Way ahead of you. One thing that pisses me off is that shipping costs have
doubled down here in less than a year due to China booking up all the
containers.
I had planned making a 'mobile home' out of a shipping container and posting
it to Fiji. Now the figures don't add up anymore. Ship-hogging, slanty-eyed
little b*st*rds.

> The US can't carry the world economy on its shoulders forever.

LOL - you mean you can't keep borrowing from the rest of the world forever.

A W-S