rent to Germans @ usd 10k+per month, USA folks @ usd 2.5-6k per 30 days, and French @ usd 1-2k per 720 hours; the views Out of the windows are different, per merit of the respective renters. The aussies and Chinese we know own and do not rent. We like Germans.
Given hong kong's merit, we believe the economist big Mac index n IMF ppp rating for the hkd is correct, that the currency is still under appreciated by 50% and should in time double. Hong kong, being almost always in surplus, and is ranked the most free in the universe, has merit and deserves a re-rating.
What makes anything a bubble?
Did all the refugees in wwii flooding into freedom lands make freedom lands bubbles?
Does merit matter?
Is capitalism, socialism, communism, fascism, and any other ism brutal? Which is more brutal? To whom? Who is to weigh?
Besides opportunity to engage with education, should we be entitled to anything else based on issues other than merit?
Where should the lines be? says who? Why? Who picks up the tab?
I know folks who pay usd 200 for monthly rent on some humble and I know folks who pay usd 80k per month for some slightly better lodging. Is it my job to equalize the two? Why? Should the two fellows have equal say re how the world should be?
Should equalization proceed to ultimate end, for all fractal scales?
How does civilization progress?
Questions.
Enough questions. As n when you figure out the answers do let others know. I am busy.
Goodbye. Tj |
