For those of you not following. The Shanghai index is at a 52week low, down 49.2% from peak

[donaldduckmoore]

Oh, I was referring to food price as one of the indicators of inflation. I am not comparing inflation numbers. Inflation number usually does not reflect our daily life price changes. In China, price for cooking oil, for example, has jumped up 30% in 3 weeks.

[Tritium]

The high oil price might turn out to be a good thing for many developing countries including China. Since they will have much more incentives to build an economy which is less dependent on oil. It is not easy, but amzing things do occur when people have no choice. If anyone have been to southern China, and wonder what those tubes/water tanks on the roofs are. They are solar tubes for hot water. Just imagine how much energy it will take to heat water for 1 billion people.

[Tritium]

The high oil price might turn out to be a good thing for many developing countries including China. Since they will have much more incentives to build an economy which is less dependent on oil. It is not easy, but amzing things do occur when people have no choice. If anyone have been to southern China, and wonder what those tubes/water tanks on the roofs are. They are solar tubes for hot water. Just imagine how much energy it will take to heat water for 1 billion people.

[Tritium]

The high oil price might turn out to be a good thing for many developing countries including China. Since they will have much more incentives to build an economy which is less dependent on oil. It is not easy, but amzing things do occur when people have no choice. If anyone have been to southern China, and wonder what those tubes/water tanks on the roofs are. They are solar tubes for hot water. Just imagine how much energy it will take to heat water for 1 billion people.

[Tritium]

The high oil price might turn out to be a good thing for many developing countries including China. Since they will have much more incentives to build an economy which is less dependent on oil. It is not easy, but amzing things do occur when people have no choice. If anyone have been to southern China, and wonder what those tubes/water tanks on the roofs are. They are solar tubes for hot water. Just imagine how much energy it will take to heat water for 1 billion people.

[Tritium]

The high oil price might turn out to be a good thing for many developing countries including China. Since they will have much more incentives to build an economy which is less dependent on oil. It is not easy, but amzing things do occur when people have no choice. If anyone have been to southern China, and wonder what those tubes/water tanks on the roofs are. They are solar tubes for hot water. Just imagine how much energy it will take to heat water for 1 billion people.

[paranoid]

Tritium,
i agree with you.
if oil is going to be $300/barrel in 2015-2020 as some experts predict, i wish it go to $200 this year, or $300 earlier than predicted. this will be actually good for developing countries like China, because they will not waste their precious resources to develop their automobile industry, instead they can invest these money in alternatives like public transport, solar energy, or a different life-style altogether ect. The american way of life cannot be spread to the rest of the world anyway because the world simply does not have enough resources.

[paranoid]

Tritium,
i agree with you.
if oil is going to be $300/barrel in 2015-2020 as some experts predict, i wish it go to $200 this year, or $300 earlier than predicted. this will be actually good for developing countries like China, because they will not waste their precious resources to develop their automobile industry, instead they can invest these money in alternatives like public transport, solar energy, or a different life-style altogether ect. The american way of life cannot be spread to the rest of the world anyway because the world simply does not have enough resources.

[paranoid]

Tritium,
i agree with you.
if oil is going to be $300/barrel in 2015-2020 as some experts predict, i wish it go to $200 this year, or $300 earlier than predicted. this will be actually good for developing countries like China, because they will not waste their precious resources to develop their automobile industry, instead they can invest these money in alternatives like public transport, solar energy, or a different life-style altogether ect. The american way of life cannot be spread to the rest of the world anyway because the world simply does not have enough resources.

[paranoid]

Tritium,
i agree with you.
if oil is going to be $300/barrel in 2015-2020 as some experts predict, i wish it go to $200 this year, or $300 earlier than predicted. this will be actually good for developing countries like China, because they will not waste their precious resources to develop their automobile industry, instead they can invest these money in alternatives like public transport, solar energy, or a different life-style altogether ect. The american way of life cannot be spread to the rest of the world anyway because the world simply does not have enough resources.

[paranoid]

Tritium,
i agree with you.
if oil is going to be $300/barrel in 2015-2020 as some experts predict, i wish it go to $200 this year, or $300 earlier than predicted. this will be actually good for developing countries like China, because they will not waste their precious resources to develop their automobile industry, instead they can invest these money in alternatives like public transport, solar energy, or a different life-style altogether ect. The american way of life cannot be spread to the rest of the world anyway because the world simply does not have enough resources.

[DaCounselor]

China’s market was well overbought by ’07. Were there really people here on pigginton hyping the days of the 6K index as a good time to jump into China? While staring the face of overt Chinese gov’t tightening measures?

I’m still not in love with China even after the tremendous devaluation of its market but I am at least now paying attention to a few indices and will eventually get into China if there is a bit more downward movement. If Jim Rogers is right, it’s China and commodities moving forward.

[DaCounselor]

China’s market was well overbought by ’07. Were there really people here on pigginton hyping the days of the 6K index as a good time to jump into China? While staring the face of overt Chinese gov’t tightening measures?

I’m still not in love with China even after the tremendous devaluation of its market but I am at least now paying attention to a few indices and will eventually get into China if there is a bit more downward movement. If Jim Rogers is right, it’s China and commodities moving forward.

[DaCounselor]

China’s market was well overbought by ’07. Were there really people here on pigginton hyping the days of the 6K index as a good time to jump into China? While staring the face of overt Chinese gov’t tightening measures?

I’m still not in love with China even after the tremendous devaluation of its market but I am at least now paying attention to a few indices and will eventually get into China if there is a bit more downward movement. If Jim Rogers is right, it’s China and commodities moving forward.

[DaCounselor]

China’s market was well overbought by ’07. Were there really people here on pigginton hyping the days of the 6K index as a good time to jump into China? While staring the face of overt Chinese gov’t tightening measures?

I’m still not in love with China even after the tremendous devaluation of its market but I am at least now paying attention to a few indices and will eventually get into China if there is a bit more downward movement. If Jim Rogers is right, it’s China and commodities moving forward.

[Author]

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