I'm not convinced that the poor are any worse off than they were
Rising housing rents and old economy jobs getting replaced by new economy jobs could drive the poor into poorer conditions. Sure, the capitalist market offers a little chance for them to make some money. But how many of them are knowledgeable enough in the stock market to make money ? Money isn't continually supplied to the public. There must be somewhere people losing money for others to have their gains. I believe the psychology factor in the stock market, usually created by the rich, favors the rich folks. As far as the Asian economy is concerned, unless there is a technology breakthru in the Far East, I don't see people there could actually make money without pouring their money into the US. That could well mean more downtime in the Far East region. And for the mainland, it is a big market. But no one knows when the market there is hot and when it is cold, unless you are a politician. What makes the situation worse is that the mainland people doesn't care and know nothing about the political situation, and they are pretty much big spenders. I guess that big spending habbits, by millions of people, make the market in China hot. Whoever has the knowledge to make a market there could actually rob them easily. I really mean easily. But then, there's a central government who is controlling the way business is done, and most business people hate it simply because the government is preventing them from robbing the big crowd. I really mean the big crowd. So the business people start to talk bad about the government and want to bring it down. In the most extreme cases, they want to divide the country into pieces, so they can access the market more easily. I think this kind of thinking towards China has lasted for centuries, if you study their history. |
