Seems the "talk in Hong Kong" about China's economy is NOT GOOD.

 

1) Factories are closing....... cheaper labor can be found in OTHER Asian countries.  So, if the Chinese workforce wasn't already hard pressed economically......they will be soon.  MANY, MANY younger people from the country has gone in droves to find work in the cities over the last 15 years.  

 

BUT....All the BIG NEW BEST Housing is for the RICH.....not for the workers.  So...

 

2) YOu have the UBER-RICH Class.......and the poor working class....NO MIDDLE CLASS......so there is NO MARKET for goods.  The rich can buy anything they want....but the rest have NO Money to buy anything...other than to just live and survive....

 

3) General world economic news has already expressed concern about China's drop in GPD, down by 50% over last year (?)  This person expressed concern that  the rest of the world needs to "save China" from a hard landing in their economy......and the news this week was that "China said 'investment' in China needs to be a number one priority.  Seems like the same comment......the REST OF THE WORLD needs to 'invest' in China to keep it on pace with before..... 

 

Hmmmmm........I thought Europe was hoping for CHINA TO SAVE THEM.......somwhere in the dialogue over the last 6 months???   And now China needs others to save it??? 

 

Ah.....economic "DOUBLE-SPEAK" ...   WHO REALLY KNOWS what's really going on ??????

 

I expect China will find itself in the same mess as the rest of the world......really soon! 

 

And ...... the BANKERS will continue to get their way........  even when they:

 

1) Lose $6 BILLION in aggressive trading programs.....they WERE NOT SUPPOSED TO BE DOING!!!!!!!!!

and

2) When they were CONSPIRING TO FIX Interest Rates....like the recent LIBOR scam in Europe.

 

 

WHO THE HECK DO THESE BANKERS (I hesitate to call them....PEOPLE!)  THINK THEY ARE???

 

Well.....NONE OF THEM WENT TO JAIL.....ANYWHERE IN THE WORLD......FOR ALL THE PROBLEMS THEY CAUSED in the last 5 years...  so......do you think they are acting with IMPUNITY  ??!!!

 

 

HMMMMMMMMMMMMMMMMM........If YOU personally, continued to ROB BANKS around town.....again and again and again......and there was no news that the authorities were looking for you..... that NO ONE was hunting you down to put you in jail.........  would YOU begin to think that YOU>..

 

were EXEMPT from penalty....punishment....and harm?????    (That is the definition of impunity!)

 

SURE YOU WOULD>..well, SO ARE THE BANKERS>.......

 

DUHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH   !! 

 

How sad...

 

TICK TOCK.....

YFIC,

Randy

 

PS...the French had it right in the 1700's.....when the bankers messed everything up, they put a number of them to death on the guilliotine!!!   Ah, a lesson should be learned from this...

 

HOWEVER....a FINAL thought comes to me....

 

Do any of us really expect ANYTHING GOOD to happen from the United Nations?  (OF course NOT!)

 

Do any of us really expect ANYTHING GOOD to come from our national government any more? (I've given up hope!)

That means....the USA.....Europe......ALL OF THEM!!! 

 

Randy....DUH........ you naive son of a gun you!!