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Old 07-23-07, 09:15 AM
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Quite a bit. Personally, I'm looking forward to it.

When it'll happen? I have no idea. Because it comes to the point when the market runs out of steam. And this is China we're talking about. There are a lot of prospective clients for the brokers there.

I read the one statement back on page one from that article. And they did hit one thing right on the head. Culturally, they are a people who love risk. Love luck. Love a good gamble. It doesn't take them long to catch on, and they are generally sharp as tacks, and are thinking four stages ahead.

A correction (Crash is so "catastrophic sounding) will happen. But China is such an enigma, that I wouldn't try to hazard a guess as to when it'll happen. I'm very interested to see the public sentiment, once it does. It should be very interesting, when one considers the culture.
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Old 01-17-10, 04:01 PM
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China still has about a trillion dollars to burn in stimulus before their economy realy crash but it will eventualy do crash one day. Because chinese are notoriously loosy investors. Creating bubble and inflating numbers are their national sports.
They are good at trading goods, less good at producing them but terrible at invsting.
Many analysts are seeing a huge overcapacity in the Chinese industry in the next two years.
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