i think it is funny that,
(i) china's reversion to the mean, after a perhaps 10 times in 4000 years overshoot to the downside, barely got started
(ii) with a mere quarter century travel for the systemic reform, and really only just fulfilling perhaps 100 years of a 600 years pent-up demand
(iii) has been based on 25 years of cheap labour and 10 years of cheap capital, and only just about to enter a new era of inexpensive but value-laden intellectual capital
(iv) after a few weeks of commodity wobble, due more to implosion in OECD sentiment and 11,000 hedge funds shifting seats, and due to a celebratory party in China that shuts down 6 cities and immediate environs, and now
(ii) Brazil's future is threaten?!
So, I fade that article cited, because it is just too funny.
P.S. cousin george bovell is no longer in the running for medal in the games, and so the party starts tomorrow, with group visit to summer palace, where i used to spend my summers as a youngster of "more equal", before we got tagged as "anti-revolutionary this" and named "petty intellectual that" |
