Principles of the Stock Market » China View: 12/14/2008

China View: 12/14/2008  

Posted Dec 14 2007, 08:28 AM
by Richard Schwartz

 CHINA VIEW.  I just finished up Peter Navarro’s (who is on CNBC as I type this morning) most depressing THE COMING CHINA WARS (2007) and it’s description of China as a self-professed amoral country.  Mr. Navarro’s expose threw me for a loop in my concurrence with long range forecasters that China is going to lead Asia and Asia is going to lead the world in the 21st century.  Happily, finishing Mr. Navarro’s book, I’ll review it this week, allows me to jump right into The Age of Turbulence which I can see right away is going to be extremely helpful to me in understanding what has transpired in the US economy by the #1 authority himself, the just retired Federal Reserve chairman.  Schwartz View:  Maybe there is going to be a different ending to the big picture story, a better story for the US than I’ve previously thunk [sic].  Even though Dr. Greenspan’s book is a 500 page, heavy hardcover, it may have to go to the beach with me.

 



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