Jim Rogers is very bullish about the Chinese market, he wrote a book "Bull in China".
Catching up with the Phase of Life. Wise thing to do during these periods:
- 1807 Invest in Great Britain
- 1907 Invest in United States of America
- 2007 Invest in China
Watch this in YOU TUBE below.
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Street
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I also see much more future in China than in the US. Was it you who lately posted a video about Shenzhen which about thirty years ago was nothing but a loosely connected group of villages? Now they have 12.5 million inhabitants (or at least they had at the time of the video), and they all have jobs. Show me a place like that in the US! And with George "Doubledumb" Bush things have only gone from bad to terrible. - The way the Chinese government is handling the economical development of their country is nothing less than amazing!
Quoting from [germex]:I also see much more future in China than in the US. Was it you who lately posted a video about Shenzhen which about thirty years ago was nothing but a loosely connected group of villages? Now they have 12.5 million inhabitants (or at least they had at the time of the video), and they all have jobs. Show me a place like that in the US! And with George "Doubledumb" Bush things have only gone from bad to terrible. - The way the Chinese government is handling the economical development of their country is nothing less than amazing!
Thank you for such positive words and optimism to China. However, I would not be involved in the critics of the Government of another country, as you have so championed to leave politics out of the discussion forum, so please do it by action, not just lip service.
The English language, as for all other languages, like the Chinese has their own expressions and ligua franca, which is best understood by the originator of the tongue.
When these words "A Bull in China" appear across the bulletin board, different people of different background, trade, profession and nationality who read it will have different interpretations of its meaning, even those of the mother tongue or native speakers.
We have an English metaphor to describe a clumbsy person placed in a precarious environment as: "A bull In a China shop." meaning a bull, tthat is big and strong but not agile or articulated in a shop full of porcelin cups and plates. In old English, China is for porcelin tea sets.
You may echo the words of ADSEACO as "America's Pain is China's Gain", or in the broader sense, America's pain is Asia's gain. You will find the "CHINA'S PAIN IS INDIA'S GAIN" in the Indian forum writen by Adseaco himself who is one of the Moderator. One important lesson I learn here, is never to argue with a Moderator in his domain, you can never gain anything, neither can you bring your idea across. He is like a * there, much like the behaviour of one.
There is a debate? no, in a debate, you will find judges that are unbiased, and subjective in their juridiction to exercise fair judgment, but if the debator is also the judge, how can you stand to win or persuade the proposer to accept your point of view?
In business, there is no such thing as pain in loss, neither is there such thing as gain. We see opportunities, and the saying should be as:
In times of crisis, there is always new opportunities. These are the words of Management Gurus, not my own.
I heard someone, who works in a Refinery in Singapore, on an island off our coast.
(Historical facts, not political Germex)
It was before the Gulf War, and Iraq overran Kuwait with their tanks and well-equipped Army (thanks to the American who supplied them to Sadam). The International Council of the United Nations was infuriated and call for the withdrawal, but the Iraqis held their offensive.
The official government of Kuwait went on exile, and they brought their Crude Oil to be refined and marketed outside of their country. Her company got the contract, so she said: "Someone's misfortune is our fortune." without realising that she is rubbing salt into the wounds of the sufferer. Some one or some country may be in pain, but why add to their pains with your irresponsible words?
Street Smart
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How do you take a picture of a white sheet in front of a white wall? You can't because you need a contrast. That's all I had in mind when I mentioned the situation in the US. Sorry if it offended you!
Regarding the absolute (and often misused) power of the mods, you know that I have had my share. In fact, just this morning I learned that a post that leads to a funny video where fish nibble off the callousses from your feet was transferred to "trade leads" with the consequent deduction of points. Gimme a break! What kind of trade was I promoting? Fish feed? ![[em2]](http://img.alibaba.com/images/eng/style/icon/emoticons_laugh.gif){kind=icon}
But it shows me once again that we are better off without the mods. If for example you think (like in the above case) that I did wrong, we talk about it and try to keep it cool. No cop needed to hit us over the head with a club (aka "deduction of points"). - He couldn't have done it at a better time to make my point!
By the way: a bull market is a strong market, but when we talk about being wreckless or lacking delicacy/ common sense, we talk about an _elephant_ in a China store. Though I guess the concept is about the same.
Quoting from [germex]:
How do you take a picture of a white sheet in front of a white wall? You can't because you need a contrast. That's all I had in mind when I mentioned the situation in the US. Sorry if it offended you!
It is ok, no offense to me, it might provoke the Titan, who goes arou nd every forum board looking for "political" and "sexual" contents. We have an appointment in Kobe, however, it is not the time for me to travel to that part of Asia. I will be going in October or November.
By the way: a bull market is a strong market, but when we talk about being wreckless or lacking delicacy/ common sense, we talk about an _elephant_ in a China store. Though I guess the concept is about the same.
Grandpa, now you know about stocks. I am really amazed at this old german, who Omniscience, all knowing, like a walking Encyclopedia. Herr Helmeth Ubel, a good German friend of my, is also brilliant. He speaks, read and write 5 major languages fluently, at the Advanced level, all the technical terms and engineering words. He was born in Chille, South America, father was German Engineer during the war, and Mother, Spanish. He learned Chilian Spanish from his childhood days. Then he studied in the United States of America, and got a MBA. He has two degrees, one in BEng. Mechanical Engineer, Marketing and MBA. Imagine what he must have gone through, on top of handling the languages.
You are right, the stocks of the China Exchange saw increases of over 140%, nowhere in the Western world can you see such rally. More so, they are based on strong currency, where the future value of the Yuan is good. If you have weak currency and high inflation, then whatever gains will be wiped out by the depreciation of the currency value. That is what happening in the US today.
Street
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Quoting from [Street Smart]:Grandpa, now you know about stocks. I am really amazed at this old german, who Omniscience, all knowing, like a walking Encyclopedia...Well, after all it's about conveying our knowledge to others here in the forums, not our ignorance. So let's try to shine as much as we can. It's good for everybody.
![[em1]](http://img.alibaba.com/images/eng/style/icon/emoticons_smile.gif){kind=icon}
Quoting from [germex]:
Well, after all it's about conveying our knowledge to others here in the forums, not our ignorance. So let's try to shine as much as we can. It's good for everybody.
Thanks for your active participation, it throws much life into the forum, and your unselfish share of your enormous wealth of knowledge and experience.
In Marketing, there is a phenomenon known as Product Life Cycle, like nature, we study life cycles of insects and animals; there is a begginning and it starts with Introduction, and then Growth, and Muturity and then Decline.
The new developed countries are like in the early stage of their life cycle, where the cost of doing the manufacturing on the land will be at low cost, fueled by tax incentives, and other perks by the Government to attract foreign investors. The low waged labors, and the lucritive environment, infrastructure and all the pluses for the industrial revolution to explode.
In fact, it was Singapore who first mooted the idea and started the Industrial Zones in 1973. Then the Prime Minister woed the Chinese Premier to start the first Industrial zone in China. Then, China need the intermediate to the West, as the breaking of the wall of communication, the level of trust and the entrepreneur spirit. (capitalism was view as an opposition to socialism, so it has to be rightly communicated to the people. China has a large population and it takes them years to bring the message across by people to people communication. The rural areas have to be convinced that is good for the country.
China was exploited by the West after the fall of the Imperial age. It was the British, who took Hong Kong, who sold them opium in exchange for gold and their national treasures. Portugese, Macau, the French Vietnam, and the Germans. It was the age of feudalism, and internal struggles, that led to the fall of Mongolia and coastal region of China to the Japanese. However after the cultural revolution, the country became united again, but with some spare baggages of the feeling of the true motives of the foreign countries.
If the start were to be at zero, or near zero, a gain of 10% over the low starting point will be a significant growth improvement. The future of business development is still green, with the life cycle at its infant state. Companies see tremendous double digit growth in turnover, and big profit margins. It has many more years to go before it reach the matured stage, as in Europe and North America. There is good leadership, strong political will and an efficient system for the infrastructure.
SS
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China is one of many countries with a very traumatic past, and I'm glad to see that they are getting out of it.
Quoting from [germex]:China is one of many countries with a very traumatic past, and I'm glad to see that they are getting out of it.
Deng Xiao Ping, a French University educated economist and the Veteran Minister Mentor Singapore, Lee Kuan Yew held hand-in-hand to start the first step into the economic reform.
Since then, China has gone leaps and bounds into the reforms, has more than 1.5 trillion hard currency in reserves, not just paper. If I were you, I will start buying the Red Maos, or some hedge funds in that currency. (personal consultation available, free).
The rainbow has shifted, and the end of the rainbow, you will find the pot of gold. Listen to the song "Going To The End of The Rainbow", Grandpa, if you are pensioned, and have some money in savings, do not leave them in the US Dollar, but take them out and put into either the Euro, Yen or the RMB.
Live with Joy.
Though I live only about 2-3 kilometers from the US border (no typo), I don't even have one single US cent in my pockets. The US dollar is clearly going down, and the Feds already had to bail out two banks. No chance I deal with that currency!
People rely a lot on the FDIC insurance, but they only respond for up to 100 million dollars. If the bank has more than that in deposits (and many major banks have substantially more), customers will only get a certain percentage of their by then (on top of everything) devaluated dollars. So how much could they possibly get back?
I for one don't even dream about investing in US dollars - not even in my worst nightmares!
The most impressive thing for me is that as a Christian I do believe in what the Bible says, but didn't expect certain things to happen in my life time. Now I can see them right in front of my eyes! Wars in the Middle East, Codex Alimentarius,... you name it!
Quoting from [germex]:Though I live only about 2-3 kilometers from the US border (no typo), I don't even have one single US cent in my pockets. The US dollar is clearly going down, and the Feds already had to bail out two banks. No chance I deal with that currency!
People rely a lot on the FDIC insurance, but they only respond for up to 100 million dollars. If the bank has more than that in deposits (and many major banks have substantially more), customers will only get a certain percentage of their by then (on top of everything) devaluated dollars. So how much could they possibly get back?
I for one don't even dream about investing in US dollars - not even in my worst nightmares!
The most impressive thing for me is that as a Christian I do believe in what the Bible says, but didn't expect certain things to happen in my life time. Now I can see them right in front of my eyes! Wars in the Middle East, Codex Alimentarius,... you name it!
Watch the video, and you will find questions like the government, the political environment and the risks involved in the investment portfolio. Jim Rogers is an expert in the Commodities market, and he puts his money where his mouth is, Jim has moved his assets to Singapore, where he can trade in the China market from here. His family has moved with him into an environment which the children can learn Chinese language, in a community that speaks English in the mainstream, Chinese and Bahasa and Tamil.
Our currency is safe, with a large amount of reserves, we are not the cheapest place to live in, but concerning commercial and environmental safety, we are at the top, concerning efficient and clean Government, we are also on the top. Our banks are safe, closely watched by the Monetary Authority of Singapore (MAS) and the system has high rating of integrity. The Singapore dollar is stable, and the Government has good political and economical prudence.
Street
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