Principles of the Stock Market » China's Shame Highlighted
China's Shame Highlighted
GLOBAL VIEW.  China & the Summer Olympics.  I watched the always depressing BBC (British Broadcasting Corp.) news last night at 6 pm.  (Right after Inside Racing which this time of year showcases the 3-year old horses getting ready for the Kentucky Derby, coming up the first Saturday in May, shortly after the Masters.  Add in the return of golf and the opening of trout fishing and this is a good time of year for me.)  Getting back to business, the Olympic Torch just started on its footpath from Greece to Beijing for the summer Olympics.  And immediately Tibet protestors began laying down in the way.  Awful to watch them wrestled out of the way screaming, waving Tibet flags (I assume) and with red paint splattered on, and such bad publicity for China.  When the torch reaches London, talk is there will be protestors there as well.  And with China’s amoral relations with any and all rogue countries, etc. like Sudan, as long as China can get natural resources from these countries, we have to expect further protestation.  Schwartz View:  It’s going to be very hard for China to revive its stock market with China being cast in such a negative light for the next six months of lead up to the August Summer Olympics.


Posted 03-31-2008 8:29 AM by Richard Schwartz
Filed under: , , , , , ,
Related Articles and Posts
© 2003-2009 InvestorsInsight Publishing, Inc.
Investor Blogs
John Mauldin's Thoughts From The Frontline
John Mauldin's Outside The Box
Forecasts & Trends by Gary D. Halbert
Daily Pfennig by Chuck Butler
Musing on the Markets by Vinny Catalano
AIA Advocate for Absolute Returns
Useful Links
Partners
Privacy Policy
Legal Statement
Who Is Online
Help