It should strengthen investors' confidence. This is done through transparency, high quality financial reports, and a standardized economic market. This is not just for China, but also for the world market as a whole.

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China is not only formidable, it is also aggressively building its own economic infrastructure. Just a few years from now, China will rival the U.S. and the European Union in global market power. It already has surpassed us in population.

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The European model is, first, a social and economic system founded on the role of the market, for no computer in the world can process information better than the market.

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Writing ought either to be the manufacture of stories for which there is a market demand -- a business as safe and commendable as making soap or breakfast foods -- or it should be an art, which is always a search for something for which there is no market demand, something new and untried, where the values are intrinsic and have nothing to do with standardized values.

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Economic Development

Economic development is the precondition of higher living standard
Therefore we should focus on economic development at first

We know infrastructural development is a must
For economic development of any country
So the government should go for it in the first place
And if necessary they should go for partnership with private entrepreneurs

Now it’s an open market economy
If we want to take off to the sky of prosperity
We need to utilize our own resources including manpower

We need to figure out our competitive advantages
Because it’s not a hard task for us in the information era

Now-a-days tourism is a lucrative sector for any government
Because we are living in the time of globalization

Protectionism is now a history
That’s why
The role of commercial banks and other financial institutions
Is more pivotal than ever

They should provide loan to the industrialists
In such a manner and style
So that the latter can import cutting-edge tech
In order to survive in the fierce competition of open market

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But our system of regulation must keep up with this. If it fails to keep up, it will hold back economic expansion. We need financial market regulation that works at national and European level.

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Any new producer starting up is to get investors' confidence. Investors are still very very wary of anything to do with the arts world.

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I think the market is always going to be around. The goal is not to say, let's get rid of the market, because the market does render a huge number of services, and I don't want to have a fight about the price of something every time I buy a book or a bottle of water.

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Although housing sales and starts have cooled to more typical levels, the housing market remains strong and sound. Without the expansion of homeownership and the strength of our housing market, our nation would not have the economic growth we are experiencing today.

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Oh Mr. Bernanke!

Oh Mr. Bernanke
Are we going to have that Rate-cut today?
Aha, you are the candy-man
Could wave your wand
Make the dying Market stand.

Ah, but it ain’t working anymore
The Market is a falling man
Oh Mr. Bernanke
You wave your wand
But it’s fallen over the stands!

Oh Mr. Bernanke
Swayed the Market just your own way!
But banks aren’t making money
The cuts to them are one too many
Candy-man, the Market won’t stand!

Got my only heifer and sacrificed
At the altar of Dow and Nasdaq, paid a high price
The Dow, oh it fell through the Year’s low
Now here I come, Candy-man
Look through your store
We need something more!

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Now I Have My Eyes On Dinner

When I say I am seeking something substantial in my life?
Why does that make you laugh to see me at a flea market?
I am seeking something that doesn't need to be high maintenanced...
Looking for wrinkles to moisturized.
To get nipped and tucked when bags begin to sag.

'And...
You are going to find that at a flea market? '

OH yes.
Some people don't know quality to throw it away.
Just like that.
Maybe recently divorced?
Or separated?

'You are talking about being at flea market,
Right! '

Ab-so-yes indeed-lutely!
And today must be my lucky day.
Because I am looking at a bargain.
A steal that's too genuine to leave.
And...
What do you think I've discovered?

'A day you found something priceless? '

Is there such a thing...
Of hoping to spend every moment,
With something so priceless...
To wish it is available?

'What can I say?
Your discovery is as good as mine? '

Are you sure you don't want to look around?

'What makes you think I haven't been doing just that?
I was hoping to see those candleholders you purchased,
Last week...
Again.'

So you had your eyes on 'them' too?

'Very much so.
Now I have my eyes on dinner! '

With breakfast?

'And lunch? '

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Let's take a timeout. Let's allow investors the opportunity in a period of market calm to re-examine what's happened and to deploy new strategies into the marketplace.

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Every Maryland family wants financial security, schools that work, quality healthcare, safer neighborhoods, and ever-expanding economic opportunity. These are the building blocks of a superior quality of life.

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The Sailor and the Market Man

'I ask you to see reason'
Says the sailor who is stern;
'You know full well that from the sea
A living I must earn;
I'll bother you to shake on it,
I haven't got all day;
Come on now make your mind up,
It ain't a lot to pay! '

'My friend, your price is far too high'
The market-man declares,
'Go find another buyer now
Who'll rid you of your wares.
I know the fish you bring to sell
Are fat and fresh and sound,
But I must make a living too
By watching every pound.'

The sailor and the market-man
They argue every day,
As if there's no tomorrow,
And each must have his say.
The sailor and the market-man
At odds they'll always be,
Until they've taken all
The little fishes from the sea.

Written Dec 1994

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Food Left To Rot

market price
market fixed
market profit

not worth picking
costs more picking
than sold price paid

never fruit picked
never taste eaten
never starving fed

global waste sickening


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Kofi Annan

National markets are held together by shared values and confidence in certain minimum standards. But in the new global market, people do not yet have that confidence.

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One way for investors to protect themselves from a rapid change in the price of a stock is to use a limit order rather than a market order.

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I think the value of venues like CNBC is that they give investors an opportunity to reevaluate the situation minute by minute, but maybe we don't need to follow the market so closely.

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We do not have a functioning market in the true sense of the word in health care. That's a layer of transparency that's sorely needed in America.

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It's mostly the financial chicanery that's going on. People are saying 'What kind of trust can we put in this market?'

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Trade-cycle

In a competitive market
National economy rolls like a wheel
In economics it is called trade-cycle

From economic recovery to boom
To slump to recovery to boom
Is a common phenomenon
In a competitive market

The boom does not last long
Because
The demand for products and services
Is limited in all countries

That’s why
The governments have a vital role to play
Especially during boom

The governments should monitor
And control industrial development
As much as possible
With a view to reduce labor cut
During slump
And they should hinder
Harmful investment
For the economy
During boom

Moreover
They should provide guidelines
For the entrepreneurs
During recovery
So that suitable investments
For the economy take place

In this way
A country can achieve its goal
Without going through
Economic hard times

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