Hmmmmm
Intellectually intriguing
But practically full of holes
Given about half ( I think ) of China's IO is sourced locally at a high cost that would close if prices crashed
China is halfway to it's urbanisation target. This is central to the party avoiding social unrest. A primary goal
USA economy recovering with huge backlog of infrastructure needing replacement
Compound 7% growth in China is staggering in it's demand profile
Not sure I will lend my shares to Jim to short
As I get older I have learnt there are extreme theories of the future. Both good and bad. Normally neither happen and when they do they are very rarely accurately predicted
Hope I'm right. Rock on Twiggy
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