Artesian writes:
...so I wouldn't
rush out and buy shares in Baosteel based on the WSA article, know what I
mean?
==
Jeez, Artesian, anyone following your investment advice would have been
short China and long the US market since 2000, and we know where they'd
14, 2009 10:46 AM
Subject: Re: [Marxism] Overproduction - underconsumption
Artesian writes:
...so I wouldn't
rush out and buy shares in Baosteel based on the WSA article, know what I
mean?
==
Jeez, Artesian, anyone following your investment advice would have
Gee, speaking of steel and China and overcapacity-- from yesterday's Wall
Street Journal:
China Takes a Hard Look at Its Steel Industry
Beijing and Companies Move Toward Lowering Taxes to Promote Consolidation
and Cut Capacity
Frustrated in previous attempts to consolidate its fragmented steel
However, under the title China, a locomotive, there is a short piece
of news in Pa'gina 12 of Buenos Aires today, where you can read (fast
translation) that the global steel industry began its recuperation of
the crisis sooner than expected. This is due to the strong increase of
the sectorial
Nestor Gorojovsky wrote:
However
clip the quoted text.
Les
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S. Artesian (sartes...@earthlink.net) wrote on 2009-10-05 at 18:22:09 in
about Re: [Marxism] China's nationalized sector has key role incurrentgains:
Overproduction is always the overproduction of capital; the overproduction
of commodities beyond the ability of the market, the relations
] Overproduction - underconsumption (was:
China'snationalized sector has key role incurrent gains)
S. Artesian (sartes...@earthlink.net) wrote on 2009-10-05 at 18:22:09 in
about Re: [Marxism] China's nationalized sector has key role incurrentgains:
Overproduction is always the overproduction of capital
