On Sep 11, 10:36Â pm, Bret Cahill
aol.com> wrote:>>> The real answer is much closer to 6 years than 14, and it _certainly_
>>> isn't "decades" as you tried to bluster everyone into believing.
>> Ummm....earth to Brat, 14 is more than twice 6 -
>
> That just shows the inaccuracy of your sources. Â Assuming the CIA
> World Fact Book is correct and China is already 1/2 th the size of the
> U. S. economically, in 6 years China will pass the U. S.
But that's neither what the CIA Factbook says - or any other source.
The GDP of China now is no more than about 1/4 to at most 1/3 the size
of the US. If you can find a source that says otherwise, cite it.
>> and even 14 assumes a
>> totally unrealistic unbroken continuation of the current trends
>
> Is there any reason to believe anything will change under President
> McSame?
Change in regard to what? You're entirely missing the point. Even
under your vaunted Clinton when the stock market soared to new
heights, it ended in a massive crash of more than 50%% (the NASDQ was
far worse). The same thing happened to the Japanese economy/stock
market which has not even yet fully recovered - and it was then
believed that the Japanese were unstoppable.
It is very, very rare for markets to continue in the same direction,
unbroken, for extended periods of time. They tend to fluctuate. Go up
for awhile, then go down for awhile - that's true even when the long-
term trend is up.
>>>> Did this great mind also predict similar stagflation in the European
>>>> welfare states?
>
>>> How do you think he did so well against the Bank of England?
>
>> Against the socialist Bank of England? How hard can that be?
>
> Why aren't _you_ a billionaire if it's so easy?
I was being facetious. It's not easy - but I'm sure that both Soros
and Buffett would remind you of that. I don't know what Soros is
invested in now but if Buffett is still short the dollar he's losing
his shirt - just as you would be if you put your money where your
mouth is and were long crude oil. Selectively citing a couple of
successful investors - who happen at the moment to be saying what you
want to hear - doesn't constitute much of an argument. At any given
moment one can always find others saying the exact opposite.
Anyway, absolutely none of this has anything whatever to do with your
delusional "free speech" in China - and its supposed absence in the
US.
Fred Weiss
