This is a follow-up to my last post...about the state of things in China. It's easier to observe these things when you're sitting in the middle of them but, for those abroad, it might be more informative. I sure hope the Chinese people are paying close attention to this...not only that, but I hope they decide to take action, rather than just giving up and moving abroad. Well, at least that's what the wealthy, successful and intelligent ones seem to be doing. Not very patriotic, if you ask me. The others have little choice unless they decide to demand change from their government...but seeing how the others, who have the means to influence, are responding, I doubt that is very likely. The situation doesn't look very good for China. Once again and as I said before, I guess we'll see what happens... - Societe Generale declares the end of China's growth dominance.
Saturday, June 15, 2013
This is a follow-up to my last post...about the state of things in China. It's easier to observe these things when you're sitting in the middle of them but, for those abroad, it might be more informative. I sure hope the Chinese people are paying close attention to this...not only that, but I hope they decide to take action, rather than just giving up and moving abroad. Well, at least that's what the wealthy, successful and intelligent ones seem to be doing. Not very patriotic, if you ask me. The others have little choice unless they decide to demand change from their government...but seeing how the others, who have the means to influence, are responding, I doubt that is very likely. The situation doesn't look very good for China. Once again and as I said before, I guess we'll see what happens...
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