Red Dragon Rising

vampyregirl · Heavy Crude Joined: Dec 19, 2007 Posts: 319

It seems to me China is where Japan was back in the 1960s. One of the worlds fastest growing economies, on the way to becoming a major economic power, not quite there yet but getting there.
Some of you are older than me and may remember the big Japanese auto export boom that helped make Japan an economic superpower. Now China is building cars for export. Are they trying to mimic Japan and South Korea? I don't think it will work this time, the worlds auto market is already saturated. times have changed.
But even without an auto boom they will still become a major player, maybe aanother Japan and rock the economic boat.
Of course that makes for an exploding energy demand in China and they need to clean up there dirty polluting ways. Whoever supplies them and helps them clean up stands to make a fortune.
China is the new big market, a major cash cow for producers.
How long will it take India, Vietnam, Thailand and other growing Asian economies to catch up?

americandream · Posted: Wed Jan 30, 2008 7:15 pm Post subject: Re: Red Dragon Rising

Lol....sad. You actually believe this nonsense!
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Bugger me, I hear oil's runnin out mate!

vampyregirl · Heavy Crude Joined: Dec 19, 2007 Posts: 319

if i'm wrong about China then you tell me why americandream. I hope you know something about global economics. Not very well informed are you?

americandream · Posted: Wed Jan 30, 2008 7:38 pm Post subject: Re: Red Dragon Rising

FireJack · Heavy Crude Joined: Mar 16, 2005 Posts: 449

" Of course that makes for an exploding energy demand in China and they need to clean up there dirty polluting ways. Whoever supplies them and helps them clean up stands to make a fortune.
China is the new big market, a major cash cow for producers.
How long will it take India, Vietnam, Thailand and other growing Asian economies to catch up?"

Wow aren't we living in a fantasy world! I'm going to guess vampy here is going to brush away natural resource depletion as some solvable problem that the economy is going to solve the same way were going to replace oil and clean up our dirty polluting ways.

We just got to wish upon a star.

vampyregirl · Heavy Crude Joined: Dec 19, 2007 Posts: 319

I'm not a cornucopian I'm an analyst. Or at least i will be when my training is complete.
The difference between me and you americandream is you're a political fanatic, you see everything from a political perspective. i see things from a business perspective and i see a huge profit potential in China. Got it?

americandream · Posted: Wed Jan 30, 2008 7:57 pm Post subject: Re: Red Dragon Rising

``If you know the oil business, it's a very wise thing to do,'' he says. ``Nobody has discovered a major elephant oil field in over 40 years. Unless somebody discovers a lot of oil very quickly in a very accessible area, the prices have got to go a lot higher.''

http://www.bloomberg.com/apps/news?pid=20601109&sid=a6wrgHAp7J.8&refer=home

sigh.
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Bugger me, I hear oil's runnin out mate!

americandream · Posted: Wed Jan 30, 2008 7:58 pm Post subject: Re: Red Dragon Rising

I'm a trader sweetpea.
_________________
Bugger me, I hear oil's runnin out mate!

vampyregirl · Heavy Crude Joined: Dec 19, 2007 Posts: 319

Do you not agree there is a lot of money to be made in China? I have posted before about the Group's activities in China and don't feel like going into it again right now.
Surely you can see that China is a promising market

americandream · Posted: Wed Jan 30, 2008 8:13 pm Post subject: Re: Red Dragon Rising

If you're asking me whether China's the place to move your money to or associate your money with by whatever mechanism works for you...YEAH....one billion voracious consumers and near-zero cost benefits! Thats a given. No brainer there.

If you're asking me whether China is a long term prospect as a model for development, NOPE.

You've got to learn to disassociate what YOU personally want, from what YOU logically view as the ideal model of economic interactions, in this game. Don't buy into the hoopla and you may just make some money and not get smacked over the head.
_________________
Bugger me, I hear oil's runnin out mate!

vampyregirl · Heavy Crude Joined: Dec 19, 2007 Posts: 319

Shell China currently has one of the fastest business growths in the Group. that should tell you something. It certainly has the corporate office believing China is a promising long term market. I will post more on that later

americandream · Posted: Wed Jan 30, 2008 8:33 pm Post subject: Re: Red Dragon Rising

billg · Posted: Wed Jan 30, 2008 8:35 pm Post subject: Re: Red Dragon Rising

I hear the sucking sound of a capitalist parasite. You can continue sucking on the earth to your heart's desire but at some point the earth will suck YOU dry.
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"It is no measure of health to be deemed sane in an insane society" J. Krishnamurti

Second Attention

americandream · Posted: Wed Jan 30, 2008 8:42 pm Post subject: Re: Red Dragon Rising

I leave my conscience at the door when I trade pal. Then I step outside and do my civic duty.

I keep my ideological preferences locked away however. I'm not into mother earth, touchy feely, small business, native tepees, gaia, shaman love gobshite.
_________________
Bugger me, I hear oil's runnin out mate!

vampyregirl · Heavy Crude Joined: Dec 19, 2007 Posts: 319