Although the market is clearly worse than I ever called for, and the transition back to some semblance of normalty may be some time off. I think some of you will find comfort in this, I know I did. The transition is slow, but 1.2Billion people in China are learining to spend...
Don't forget the 1/2 T or so the PRC have earmarked for public spending. They will do anything necessary to ward off social chaos, and they have the money to pull it off. Good for international trade, and companies with that sort of exposure, especially if we get a revaluatiion upward of the RMB, which I believe is in the works. Much easier to spin an upward revaluation of RMB than a devaluation of the dollor...heh.
ebear