ERHC Energy Inc (ERHE)

[kaydee]

b]More Insight into Chinais a very interesting read. While today everyone is praising the Chinese Economic Model, and to some extend the political one, it reminds me of the Japanese Debacle of the last 20 years.

In the late 80'ties too every management guru and most academics in the field of economics fell over themselves praising the Japanese Management by consensus. In the end they got 20 years of stagnation.

China is the current song on the hit parade. My thinking for the past 3 years has been that it also is too good a thing to last a long time.

In the end our economic model, currently evolving again to deal with the economic facts, will continue to prevail.

That said it still means China needs resources like crazy and will buy them now.