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Strategies & Market Trends : Asia Forum
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To: Liatris Spicata who wrote (9528)3/4/2000 12:34:00 AM
From: Rolla Coasta  Read Replies (2) of 9980
 
Question for you Larry...
In a capitalist market like Hong Kong, there's a report saying the rich becomes more richer and the poor becomes more poorer. How would you cure this problem ?

In this category, Hong Kong is even worse than mainland China in terms of salary gap between the 2 groups of people. I personally know there are so many poor people in Hong Kong, but I also know some damned rich folks who are really damned rich... just remember Hong Kong is a small place which is about the size of San Diego with 7+ million people! and with very few universities and resources, in the face of foreign competition in the labor market.

In the hot market like Silicon Valley, there's a bank getting robbed by an old folk, who cannot afford paying his continous-rising rental fee for his apartment. Some sad stories in a booming economy ... Some people do well and they are well-hung, but some who don't do well, die down ... too sad...
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