stockker we are not talking about the chinese markets.......we all know whats happening in china ...you made the comment to "forget about the US as it has no impact on MRX,s shareprice" That was the original debate....... i reiterate that you should NOT forget about the US its still the biggest economy and it will take CHINA decades to achieve what the US has done.....open your mind fella....lol...RRRRROOOOAAAARRRRRRR
obviously the Chinese ECONOMY will continue to grow as they build more cities and investors throw more money at the chinese economy,but the rich will get richer and we will see more poverty in the long run....this poverty is still very much in existence and i saw this when i visited the likes of guanjou..which is a very dirty city with plenty of poverty....just take a look at the current wages paid in China and you will see that the average punter (citizen) in china will still be on the lower class poverty line while the corporations get richer......the standard of living in china could take as long as 50 years or more to give the citizens a standard of living equal to an average citizen in the US if they are to adopt the westernised approach to living standards.....albeit alot of manufacturing is coming out of China to supply the western econimies due to the low cost labour rate to produce a product....obviously the more manufacturing outside the US will hurt the US economy (and we may see more trade tarriffs placed on imported goods).....will this labour rate ever go up to give the lower class more money to improve their standard of living ???(if that ever happens) ...... my take anyway....in the meantime MRX will still produce copper for the local market..............lol cheers Jam
MRX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
