[Allan from Fallbrook]

Nost: In my mind, it has always been a question as to how a centrally planned communist government will react when (somewhat) free market forces start exerting real pressure on their economy.

Add to that the inevitable backlash once these various businessmen, entrepeneurs, and financiers start demanding an equal voice in the running of the country.

In the background, you have a large and very disaffected peasantry, all of whom are watching their way of life becoming progressively more disenfranchised.

Throw in pollution, endemic AIDS in certain parts of the country, a growing and vocal cadre of former Chinese Army officers that don’t like the present government and are agitating for its ouster, no rule of law to protect intellectual property and a yawning gap when it comes to lawyers and upper management.

You now have a real interesting soup pot bubbling.

[Allan from Fallbrook]

Nost: In my mind, it has always been a question as to how a centrally planned communist government will react when (somewhat) free market forces start exerting real pressure on their economy.

Add to that the inevitable backlash once these various businessmen, entrepeneurs, and financiers start demanding an equal voice in the running of the country.

In the background, you have a large and very disaffected peasantry, all of whom are watching their way of life becoming progressively more disenfranchised.

Throw in pollution, endemic AIDS in certain parts of the country, a growing and vocal cadre of former Chinese Army officers that don’t like the present government and are agitating for its ouster, no rule of law to protect intellectual property and a yawning gap when it comes to lawyers and upper management.

You now have a real interesting soup pot bubbling.

[Allan from Fallbrook]

Nost: In my mind, it has always been a question as to how a centrally planned communist government will react when (somewhat) free market forces start exerting real pressure on their economy.

Add to that the inevitable backlash once these various businessmen, entrepeneurs, and financiers start demanding an equal voice in the running of the country.

In the background, you have a large and very disaffected peasantry, all of whom are watching their way of life becoming progressively more disenfranchised.

Throw in pollution, endemic AIDS in certain parts of the country, a growing and vocal cadre of former Chinese Army officers that don’t like the present government and are agitating for its ouster, no rule of law to protect intellectual property and a yawning gap when it comes to lawyers and upper management.

You now have a real interesting soup pot bubbling.

[Allan from Fallbrook]

Nost: In my mind, it has always been a question as to how a centrally planned communist government will react when (somewhat) free market forces start exerting real pressure on their economy.

Add to that the inevitable backlash once these various businessmen, entrepeneurs, and financiers start demanding an equal voice in the running of the country.

In the background, you have a large and very disaffected peasantry, all of whom are watching their way of life becoming progressively more disenfranchised.

Throw in pollution, endemic AIDS in certain parts of the country, a growing and vocal cadre of former Chinese Army officers that don’t like the present government and are agitating for its ouster, no rule of law to protect intellectual property and a yawning gap when it comes to lawyers and upper management.

You now have a real interesting soup pot bubbling.

[Allan from Fallbrook]

marion: Ugly? Piffle. She’s a little cutie. And, she’s smart! Didn’t you mention an attraction to the more cerebrally weighted?

TG expresses an (admittedly unhealthy) attraction to Olick, and you come out with talons bared. Something else at work here, Marion? Hmmm?

[Allan from Fallbrook]

marion: Ugly? Piffle. She’s a little cutie. And, she’s smart! Didn’t you mention an attraction to the more cerebrally weighted?

TG expresses an (admittedly unhealthy) attraction to Olick, and you come out with talons bared. Something else at work here, Marion? Hmmm?

[Allan from Fallbrook]

marion: Ugly? Piffle. She’s a little cutie. And, she’s smart! Didn’t you mention an attraction to the more cerebrally weighted?

TG expresses an (admittedly unhealthy) attraction to Olick, and you come out with talons bared. Something else at work here, Marion? Hmmm?

[Allan from Fallbrook]

marion: Ugly? Piffle. She’s a little cutie. And, she’s smart! Didn’t you mention an attraction to the more cerebrally weighted?

TG expresses an (admittedly unhealthy) attraction to Olick, and you come out with talons bared. Something else at work here, Marion? Hmmm?

[Allan from Fallbrook]

marion: Ugly? Piffle. She’s a little cutie. And, she’s smart! Didn’t you mention an attraction to the more cerebrally weighted?

TG expresses an (admittedly unhealthy) attraction to Olick, and you come out with talons bared. Something else at work here, Marion? Hmmm?

[Allan from Fallbrook]

stockstradr: Wow. All of Asia encapsulated in two pithy, trenchant sentences!

So, all of the Asian markets will crash and burn? Are we talking a redux of the ’97 debacle, or did you have something more serious in mind? You’ll need to be a just a bit more specific to have any sort of credibility with that kind of prognostication.

Nost: It will be interesting to see how a country known for its statist tendencies will react to the sub-prime crisis hitting China. I agree with your call as to what they should do, but do you really believe they will do it? We have seen years of them stockpiling dollar denominated assets as nothing other than a means of hedging the yuan. Their attempts to cool the Chinese economy have been ham handed (which is not to say that our monetary and economic policy is any better) and not terribly effective. I don’t get the sense that there is a clearly defined strategy at work here. Of course, I don’t get that sense here in the US, either.

[Allan from Fallbrook]

stockstradr: Wow. All of Asia encapsulated in two pithy, trenchant sentences!

So, all of the Asian markets will crash and burn? Are we talking a redux of the ’97 debacle, or did you have something more serious in mind? You’ll need to be a just a bit more specific to have any sort of credibility with that kind of prognostication.

Nost: It will be interesting to see how a country known for its statist tendencies will react to the sub-prime crisis hitting China. I agree with your call as to what they should do, but do you really believe they will do it? We have seen years of them stockpiling dollar denominated assets as nothing other than a means of hedging the yuan. Their attempts to cool the Chinese economy have been ham handed (which is not to say that our monetary and economic policy is any better) and not terribly effective. I don’t get the sense that there is a clearly defined strategy at work here. Of course, I don’t get that sense here in the US, either.

[Allan from Fallbrook]

stockstradr: Wow. All of Asia encapsulated in two pithy, trenchant sentences!

So, all of the Asian markets will crash and burn? Are we talking a redux of the ’97 debacle, or did you have something more serious in mind? You’ll need to be a just a bit more specific to have any sort of credibility with that kind of prognostication.

Nost: It will be interesting to see how a country known for its statist tendencies will react to the sub-prime crisis hitting China. I agree with your call as to what they should do, but do you really believe they will do it? We have seen years of them stockpiling dollar denominated assets as nothing other than a means of hedging the yuan. Their attempts to cool the Chinese economy have been ham handed (which is not to say that our monetary and economic policy is any better) and not terribly effective. I don’t get the sense that there is a clearly defined strategy at work here. Of course, I don’t get that sense here in the US, either.

[Allan from Fallbrook]

stockstradr: Wow. All of Asia encapsulated in two pithy, trenchant sentences!

So, all of the Asian markets will crash and burn? Are we talking a redux of the ’97 debacle, or did you have something more serious in mind? You’ll need to be a just a bit more specific to have any sort of credibility with that kind of prognostication.

Nost: It will be interesting to see how a country known for its statist tendencies will react to the sub-prime crisis hitting China. I agree with your call as to what they should do, but do you really believe they will do it? We have seen years of them stockpiling dollar denominated assets as nothing other than a means of hedging the yuan. Their attempts to cool the Chinese economy have been ham handed (which is not to say that our monetary and economic policy is any better) and not terribly effective. I don’t get the sense that there is a clearly defined strategy at work here. Of course, I don’t get that sense here in the US, either.

[Allan from Fallbrook]

stockstradr: Wow. All of Asia encapsulated in two pithy, trenchant sentences!

So, all of the Asian markets will crash and burn? Are we talking a redux of the ’97 debacle, or did you have something more serious in mind? You’ll need to be a just a bit more specific to have any sort of credibility with that kind of prognostication.

Nost: It will be interesting to see how a country known for its statist tendencies will react to the sub-prime crisis hitting China. I agree with your call as to what they should do, but do you really believe they will do it? We have seen years of them stockpiling dollar denominated assets as nothing other than a means of hedging the yuan. Their attempts to cool the Chinese economy have been ham handed (which is not to say that our monetary and economic policy is any better) and not terribly effective. I don’t get the sense that there is a clearly defined strategy at work here. Of course, I don’t get that sense here in the US, either.

[Allan from Fallbrook]

kaycee: According to an article in the WSJ this week, this is the worst period for retailers in five years.

I was at North County Fair two weeks ago. Foot traffic seemed okay, but every single store we walked past had Clearance Sale or Final Sale or Going out of Business Sale signs in the windows.

[Author]

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