re atomfilms.com
entertaining and educational, pretty funny if not sad.
re china development over the last quarter century, no particularly large mishaps or otherwise fatal hiccups, but primarily based on cheap and plentiful labour], cheap and plentiful capital, systemic economic and legal reforms, and simply allowing folks to do more as they wished and deemed astute
over the next 25 years, my guess, is that there will be a moment of crisis (more serious than tiananmen, more effective than 1929), but the development will go on, based on cheap and plentiful labour, capital, and intellectual property, and systemic legal and political reforms, along with social re-ordering.
it will be exciting, at a pace of the usual 3 months in china equals 1 year in usa, much can go wrong, and all will turn out OK still
returning to the mean is invariably a twisty path, but only one true direction possible |