Until now, the average China housewife had two choices as to what to do with her sweat shop-derived savings. Either stick money into a local bank account, (which paid negative interest!) or, put her hard-earned lead-coated cash into a Chinese stock market.

With about 100 new billionaires created in the stock market this year alone, it is not hard to figure what they would do. Astute housewives are the primary reason why the Shanghai Stock Market bubble has been building beyond belief.

Charge of the Chinese housewives

In order to get some heat out of the Chinese investment kitchen and more importantly, give themselves a stepping stone into Wall Street, the Shanghai powers-that-be opened a safety valve for "investors". In August, the supposed mothers of all control freaks, allowed the housewives (and their husbands too), to invest in Hong Kong.



In a world where money talks and housewives pick winners with monotonous regularity, the $200bn "experiment" currently being conducted in Hong Kong has taken off since August. It has given a big hint at the stellar results that come when a money-grabbing China government throws itself full tilt behind housewives with an eye for a money-making fad.

Unfortunately, for the rest of the non-Chinese world, you can bet the bank that the Chinese Governent will gain confidence from this experiment. Not only will the Shanghai masters exercise their Hong Kong Fuey stranglehold on successful investors by charging some sneaky Communist wealth tax, but they will exploit their subjects in order to implement some bigger ideas en route to Wall St-beating season.

How does the Hong Kong deal get China to Wall St?

Simple. Fired up and ultra-confident in their investors' performance in Hong Kong, plus a trillion bucks of their own spare cash still in the bank, the Chinese government should be itching to launch the next tidal wave of investors into a couple of other Stock Exchanges, en route to Wall Street and US main street.

China housewives, aka the baby-stepping Hong Kong investing pioneers, will probably be allowed to take a day trip into Singapore with the kids, pick a few stocks and inflate that stock market with their own money, plus some of the trillion dollar pocket change from the Shanghai war chest. See, everyone shares in China!

That job done, it will be time for stage 3 of the world investment program. Sorry, ladies, this will be a man's job! A batallion of highly trained Western-savvy investors will don "Made in Chinese Hong Kong" turbo jet packs and head to Wall Street. Ka-ching.

Instant China crisis in the US? I think not.

It will be great for the US for a while as hard-assed Chinamen flood the trading floor with cash. $1000 for a share in Google, or name your price and double it for Bidu (the Chinese Google)...and after hours, Chinese restaurants will be over-flowing with real Chinese investors. Sweet. But that will be the tip of the iceberg.

Phone home to Shanghai

One day, a few thousand new Chinese billionaires with complementary Green cards living it up in Manhattan will get a call from party HQ. Comrades, take off those profits you just made and reinvest it back in China! That will be the signal for the Chinese housewife to come back on the scene and surreptitiously smother America under a blanket of inflation. Here's how.

Women, rich from investments in HK and Singapore, but still obliged to stay grounded and continue working at the sweat shop, will demand more money at work. Low wages in China will creep up. Ikea and Walfart won't be able to absorb those prices. Oops imports to America just got more expensive.

The prices at Walmart will start to rise and no one in the US will be pleased to hear that exploited millionaire lady peasants are benefiting from global growth and can even afford to send their kids to hospital when they are sick . Bugger that. All the chatter will be negative as it dawns on everyone that the cost of living in America has skyrocketed. The US will no longer be China-subsidised, but China-fueled.

From Wall Street to Easy Street

Next, with Wall Street in the Chinese' pocket; peasants' and prisoners' wages back home rising; prices of everyday products in the US going through the roof, and US jobs disappearing, it will get even worse for the West. The next wave of housewife millionaire Chinese entrepreneurs will come to to America to set to work buying up real estate.

The sea of Chinese faces at foreclosure sales around America will be washing through the senses of shocked bystanders. The names on home ownership contracts in US cities coast to coast will be more Chan than Smith, and Chinese landlords will be so numerous that US neighborhoods will make Vancouver look like a redneck city by comparison.

Consumption patterns will change. Bamboo curtains and panda rugs will be all the rage at Ikea, and no Chinese entrepreneuses will waste their time emailing home with sluggish Comcast, it will be China Digital all the way.

Aaah. Global wealth creation is on an inexorable rise, just as long as you are a Chinese housewife! Meanwhile, stagflation works its way very slowly but surely into the West under the wing of cheap China-owned dollars. Didn't see that coming, did we!!