FMG 1.91% $21.62 fortescue ltd

Ann: Agreement for Construction of Very Large Ore Carriers, page-20

  1. 5,760 Posts.
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    if china "s economy gets to 40% larger as you state in 5 years,then all will be rosy according to your logistics.unfortunately,applying the simple rule of 72 ,as per cap.gain on real estate is not the answer to this complex problem.
    with around 7.0% announced growth,all it does is calm it"s trading partners.
    everyone seems to forget that these people are very dependent on exports for their economy,which is basically reliant on slave peasant labor.for that reason and the fact that they need raw materials in wholesale amounts puts them in an advantageous position when negotiating "price'.
    has anyone actually thought of the future ramifications of a communist country becoming "the dominant world force".
    just think about it,america is stuffed from the aftermath of the gfc with a leftish puppet as president at the reins,europe is still a basketcase ,with no way out ,but to print even more money,and here in ausland all we worry about is the PE of our stocks.
    so what's the solution you may ask.basically there is none,as things are so "stuffed' globally that it's pointless in trying to predict things.
    not wholesome reading i know,but can"t be disputed
    cheers crazypunter
 
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