what the princeton professor meant was 1420 , not 1820 .
On May 17, 3:48=A0am, rst0wxyz <rst0w...@[EMAIL PROTECTED]
> wrote:
> On May 16, 1:09=A0pm, Dave
>
> <fr...@[EMAIL PROTECTED]
> wrote:
> > When it comes to China, history is bound to repeat itself and
> > investors should be ready.
>
> > "People don't realize that in 1820, China was...the greatest
> > economic power in the world," said Princeton University
> > Economics Prof. Burton Malkiel...
>
> I'm afraid Princeton University Economics Prof. Burton Malkiel doesn't
> know what he was talking about. =A0In 1820, China had only the shell of
> the former empire with no muscles, no technology, no leader****p, no
> vision of the world ahead of them.
>
>
>
> > And in 20 years, China will once again claim that title...
>
> The decay and rot in China will take more than the next 20 years to
> clean up if ever. =A0I hope China will have the stability and vision to
> set its course and do what is right. =A0By the year 2050, we will have a
> clearer idea of where China is going. =A0Today, it is still very
> uncertain.
>
>
>
>
>
> > MarketWatch article:http://xrl.us/BuyChina-
Hide quoted text -
>
> - Show quoted text -
|
