The bad news is investor's best friend
From the United States on Wall Street triggered by the financial tsunami is being evolved into a global economic crisis. Now in Manhattan on the island, almost all the money that the Chinese people, Chinese people can save the world. I am from New York to Beijing, the Pro on the plane before encountered a coffee shop, go buy bottles of water. Sales
handbag of the young man said: You are Chinese, so good, you have the money to save the world and so do you. I said: the purchase of water has already spent 10 yuan money. I think they believe that the Chinese people have money because
prada wallets they do not understand China, the illusion of China is the world's great savior. Waiting for me off the plane out of the Capital Airport, in the elevator to the parking lot heard a dialogue. A coal transportation so that the freight rates of coal from 130 yuan / ton dropped by 40 yuan / ton, no coal can be shipped. Another said: Last year, our company earned 240 million deficit this year, almost 2.4 million yuan. This is the great savior of American fantasy --- China's market and economic true situation.
Earth around the sun, the
fendi purses moon around the earth's rotation is always around the quality of the quality of small to large. In the economies of China is the Earth, the United States is the sun. A problem with the United States, China could not have been affected, let alone the United States around the turn of China, China has not so much strength. At home is the same token, China's cities are on Earth, then, China's rural areas is the moon. City's economic and market a problem in rural areas can not rely on rescue, just as the sun around the Earth will not change as the moon.
Must not be overly optimistic to think enough difficulties. Problem-solving approach that? Virtually the entire world to get government money to rescue the market, each
bags government out of money is astronomical. However, since ancient times that no government will not create a penny of social wealth, it would not pay a penny of tax. Social wealth and financial, tax increase comes from enterprises, created by the workers. Government to spend the money come from? Only two roads: one way is to issue treasury
hermes bonds to other people, other countries to borrow. Another way money is issued, and now technology is well developed, paperless do not have printed, as long as the central bank governor said the number is the number of fat, the result can only be inflation, money in the hands of more and more worthless. Buffett, as the day before yesterday to the "New York Times" article said: "Today, cash is a terrible long-term assets, there is no return and will certainly be devalued." Situation in the United States, China is not exception. In this case, we are way out of what?
Should face the Chinese market, market
louis vuitton handbags positioning stop for the world's top 500 service, for
prada bags the world super-brand services. These companies before the economic crisis is a very small market share, rather than the mainstream of China's economic development, especially after the economic crisis. In the next few months, we have seen the fastest decline in business would be so. Only rooted in China's market is the most safe.
Not to buy those with the progress of science and technology into a mass of resources and enterprises, such as the Internet's bandwidth, computing power, etc., which today seems worthless things, with the advances in technology will be worthless tomorrow. Although people need it, can not do it, but very difficult to make any money of these enterprises. Just like people can not be separated from the air a minute, but no one opened a sales company of air is the same reason. In contrast, should buy an increasing scarcity of resources but we need resources.
In China's future, honesty as the most valuable resource. Honest rather than language, is action. In the past ten years, due to the dishonesty of the market, destroying the film industry, destroying the music industry, the destruction of the software industry. In a huge Chinese market, film, music, software industry a year turnover of less than one floor of the real estate industry sales. Garment industry, electronic products industry as a result do not have their own brand and technology, reduced to taking manual processing fee earning pitiful state. Dishonesty is that the fight against the food industry, pharmaceutical industry, dairy industry ... ... A real estate agent came up with a strange idea, buy a house to send cows, milking their own drinking, really ah social retrogression. This morning to see CCTV programs, Microsoft should be held to combat piracy activities, the use of pirated software will appear black interval. CCTV interviewed several of the young people should oppose the fight against piracy, on the grounds that genuine price was too high. Thieves can open and above-board in the CCTV that he is a thief, you can see our environment is how the lack of good faith.
The media will have many economic bad news
balenciaga bag reported. In fact, statistics released at the moment does not mean the situation, it is a few months ago, six months ago, or even a year ago (such as real estate industry). But I very much like Buffett's famous saying: "The bad news is investor's best friend." This gave the true meaning of the investment.
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