gross exaggeration by the recognizably ignorant, of which william pesek is most assuredly one of the top spinners
- shanghai has a base population of 10-14 mm, plus a floating population of yet another 10 m, encompasses an area that is not traditionally 'shanghai'; should hk (base population 7 mm) be measured the same way, shenzhen would be included, along with zhuhai, plus macau, and if so, shanghai withers
- shanghai may well be the largest share market in no time flat, but as hk is not only listing companies from china, from regions as far as central asia and russia, to describe hk as an also-ran is just obviously dumb, of which william pesak is guilty often
- would a chinese indonesian tycoon do his personal banking in shanghai? absolutely not likely, and for good reasons, and for a good long time
- hk freedom cannot even be matched by the brand bandied about in usa, never mind shanghai, and freedom is valuable, so it shows
one must first be able to recognize value in order to be able to engage with and embrace worth, else all is a non-starter or otherwise foolishly lost
had hk been simply about gdp, usa or even california would be topping hk, and so would the entity formerly known as ussr
but, gdp/capita and freedom per family are more difficult measures to benchmark against hk
just remember two salient facts, and that be hk is the most free in the universe and wealthiest in the galaxy, at least the known parts, and sports longevity and other nice-to-have factors often gdp alone cannot buy
in other words, hk is almost a state of mind, an ideal, about as close to perfect as can humanly be
to compare hk against any other geography on one or another measure, as would business week, econonomist, time megazine, nyt, wsj, and bloomberg often enough do, is not only senseless, but worse, ignorant
cheers, tj |
