Monday, 31 August 2009 01:00

All of my warnings about China are starting to look rather prescient

1. China Macro Update
(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
China: An Insight into its Past Growth and the Future (also of interest is the HSBC opinion and 2H08 update) China’s massive growth in the last decade has taken the world by surprise. Curr
Tuesday, 19 August 2008

2. My view of the China hype bears additional fruit
(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
...nd summarized that illustrates and/or supports some of my Asian investment thesis. From Bloomberg: China Banks Stung as Stock Market Rout Spurs Shift Into Costlier Deposits Chin...
Monday, 07 July 2008

Now that the world agrees with me on China... Bloomberg: China's Economy Grew 6.8% in Fourth Quarter, Slowest Pace in Seven Years China’s economy expanded at the slowest
Wednesday, 21 January 2009

4. Asian and South Asian markets have spiked recently
(Archived/Reggie Middleton's Boom Bust Blog/MyBlog)
... individual stock. The sheet breaks down sector concentrations and top 10 holdings for each fund. China In China, inflation declined from a 12-year high of 8.7% in February 2008 to 4.9...
Friday, 07 November 2008
6. Global Debt Stats from the BoomBustBlog Community
(Reggie Middleton's Boom Bust Blog/MyBlog)
...Australia Denmark Finland Ireland Netherlands Norway New Zealand Spain Sweden China Hong Kong Singapore Belgium South Africa Vietnam India Russia Dub...
Monday, 02 March 2009

Last modified on Monday, 31 August 2009 01:00

2 comments

  • Comment Link Reggie Middleton Monday, 31 August 2009 10:01 posted by Reggie Middleton

    India's economy is not nearly as bubblicious as China's either. India may get their chance to shine without as much competition from China once the Chinese bubble pops.

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  • Comment Link Mark Hankins Monday, 31 August 2009 09:51 posted by Mark Hankins

    For many years I have maintained that the U.S. has a propaganda apparatus that would make Goebbels extremely jealous. As an example I give you the film "Slumdog Millionaire". Whether or not any three-letter agency had a hand in its financing and production, we in fact have a movie that came from nowhere (it was supposed to have gone straight to video) to Oscar glory in 2008. Its lessons:
    1. Indians are striving for material success (contrary to India's historical image).
    2. India is rapidly modernizing.
    3. Most Indians speak English.
    4. Indians have adopted our cultural icons.

    The goals:
    Draw India and the U.S. closer together by means of a thin veneer of mutual amity and warm feelings generated on the one hand by Indians watching the success of an Indian film in the U.S. and on the other hand by Americans being convinced they are not so different from Indians.

    My purpose here is not to denigrate Indians or suggest that they are not in fact closer to Americans culturally than Chinese are. My purpose is to suggest that the film was hyped to be a psychological counterweight to the spectacle of the Beijing Olympics (which it was timed to undercut) and to open the door for India as a producer of products that will be consumed in the U.S. if and when the Chinese are no longer the workshop for the West.

    Tata's ownership of Jaguar is a signal moment in the global economy ... we can expect more of the same from a country where 1 in 80,000 attains entry to the American Institute of Technology, a virtual golden ticket to silicon valley. Hundreds of years ago their Malabar Coast was so cosmopolitan and prosperous that a Chinese admiral sent to subdue it told Beijing to forget about it--too tough a task. Although the British succeeded where China wouldn't try, they were ultimately ousted not by force of arms but by moral force and force of will. Do not underestimate India.

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