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03/26/11 1:51 PM

#27855 RE: dipstick55 #27854

Really? What picture are you looking at? The big one is the long view based on economics and the small one is a current view on immediate questionable technical perception based on allegations.
My main reasons for investing in China and CCME is looking into the future based what I learned from the past. During this past worldwide recession China was buying up all the cheap tangible assets such as raw materials, REE's and commodities to supply their booming economy.
The US was leveraging itself into a deeper hole of debt during this time with fiat money.
This current generation in China is leaving their children and grand children with a future better off than the US can say.
Can you face you children now, tell them unblinking looking straight into their eyes that you are leaving them a legacy and life better than you have had? If you can then you must be part of a select group that thinks they can get away from mortgaging the material assets of our grandchildren without risking the loss of their political and spiritual heritage. China is managing for the future with their 5 &10 year plans with prudence while maintaining a basic sense of balance. The US lives for the impulse of today, debt, plundering, for their own ease and convenience, the precious resources of tomorrow.