Hi Maurice, Hong Kong, being the #1 Economically free place in the world, is already here ...
<<When they decide to go shopping in 10 years, their $1 million will buy them a few cans of baked beans ... not much else>> ...
USD 1 million will now earn US$ 9.5 per week, good for some burgers and a coke. I would guess that we are not at a 'golden equilibrium' ;0) What do you think?
Guess what, the shares are not rising, property is not booming, folks are losing jobs, wages are 'stable to down', and no one sees the end of gloom. Money, as they say, is not everything, regardless of Greenspankie says (and he doesn't even say it without hedge fudge).
Chugs, Jay |
