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POPSThe Imminent Collapse Of China
Contrary to popular myth, the Chinese have very little common sense when it comes to business. Virtually no Chinese-run company is internationally competitive. What's driving the Chinese economy? Pixie dust: The collective power of 1.3 Billion pairs of hands clapping to keep Tinker Bell alive. The business world is as riddled with corruption, nepotism and waste as the government. Often times, there is no difference at all between state and industry. This will end the same way it did for America in the thirties: with collapse. Investing in companies based only on enthusasim, nationalism, or just excitement and ignorance. (Gee, I'd really like to buy some stocks but I don't know which ones, oh well, let's get these, they have a pretty color, and your cousin works there, doesn't he?) I'll say it on the record right now: stay away from China if you have a business. Do everything you can to insulate yourself, because this is one house of cards that's gonna come tumbling down, and
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POPSThis cat is out cold (photo) I had a himalayan cat we called sasquatch, sometimes squatchy, that used to sleep like this; he'd wake up for a second with his eyes open, not moving, then fall back asleep. Goofy little guy.
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POPSwant to know the real meaning of PEACE? Which picture do you think won the prize? The king chose the second picture. Do you know why? "Because," explained the king, "peace does not mean to be in a place where there is no noise, trouble, or hard work. Peace means to be in the midst of all those things and still be calm in your heart. That is the real meaning of peace."