Korean Job Discussion Forums

Soul Forest · Joined: 22 Mar 2006 Location: Seoul Forest

I made this video for a film contest at www.revver.com. The theme is the future.

http://one.revver.com/watch/133243

At the risk of self-promotion, I'm posting the clip here cause I think that people could be interested here, since Korea is so near China. I want to do my best to actually get this viewed by more than 10 people, since I spent a good chunk of time making it.

PimpofKorea · Posted: Thu Jan 04, 2007 6:28 am Post subject:

Nice video buddy......I like "the forget the rice...US owes us trillions"...sweet

thepeel · Joined: 08 Aug 2004

The Chinese hold 600billion in US reserves, not "trillions". What do you think will happen with that money? China will one day wake up and request gold for the paper?

Soul Forest · Joined: 22 Mar 2006 Location: Seoul Forest

Thanks for the views.
It is a contradiction that China is such a poor country, while at the same time being owed such a huge amount of money.
A strange world we live in.

Son Deureo! · Joined: 30 Apr 2003

stevemcgarrett · Joined: 24 Mar 2006

And let's not forget that the yuan (i.e., renminbi) is greatly undervalued and the Chinese government knows it but resists adjusting the rate or making its currency convertible to stave off a decline in export earnings, which would hit the economy hard.

China still has 700 to 800 million peasants and a floating population from the rural areas of 100 million with no social safety net. Moreover, the number of violent protests annually against land seizures and provincial corruption has skyrocketed in recent years.

China could implode and the boys in Zhongnanhai know it only too keenly. The lack of a strong middle class means the economy has no ballast.

At some point, the government will need to divest itself of control over the four leading banks, and WTO might finally see to it. When that happens, it's anybody's guess how the economy will react.

blaseblasphemener · Posted: Sat Jan 06, 2007 11:12 pm Post subject:

Along that same line, just read on msn.com, article about investing guru Jim Cramer, how he predicts that the low dollar will mean a lot of takeovers of U.S. companies in 07. The article mentioned Alcoa, U.S. Steel, Yahoo, to name three. Just thought the investors on the board might be interested in this info.

re:cursive · Joined: 04 Jan 2006

Are you looking for some constructive criticism about the video itself?
I've got some if you're after it.

ThePoet · Posted: Fri Jan 12, 2007 4:08 am Post subject:

If you have an extra 10,000 USD to invest, go to Prudential and get their China Mutual. They require a minimum 10,000 investment, but last year it made 71% return.

India Mutuals were much lower at only 43%.

Oh decisions decisions.

Poet