Once China's real estate bubble has popped, it will be time to move capital into the region that is committed to future-orientation. These people are not just hard workers. They are not merely high-return workers when given capital. They are uniquely future-oriented. This is new to Asia. It is part of the Western influence: Fabian socialism in India and Marxism in China. Both systems limit economic growth, but they are both linear and highly future-oriented: the kingdom of central planning society. When central planning is abandoned because of its inefficiency, the concept of linear history remains.
Thursday, May 27, 2010
Why Asia Will Overtake America
Uncle Gary writes a strangely tangential piece which eventually gets to the crux of the matter: