. Xiamen wants to be the Miami of China
. Western Australia wants to be California of Australia
. Well like they say imitation is the highest form of flattery.
. As successful as China is economically and WA riding on its coattail
. Their benchmark of success is still America
.
. Of everything bad they say of America
. It's still being emulated and benchmarked on.
. Ok you can say that Hollywood plays big part and English
. But if there is no fiction and fantasy if there is no reality.
. Chinese and Russians are moving to US of A in droves.....
. And let's not kid ourselves that the GDP per capita is on par
. Because its not. Maybe one day. But not yet.
. America society, culture, way of living, democracy has passed through
. Countless trials and years of practice.
. Ok, for one, Take Property Rights for instance....!!
. The acid test of democracy !!!
This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
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